Notes on Real Wages and Unemployment

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  • Notes on Real Wages and Unemployment Book Detail

  • Author : Richard Wood
  • Release Date : 1992
  • Publisher :
  • Genre : Employment (Economic theory).
  • Pages : 50
  • ISBN 13 :
  • File Size : 11,11 MB

Notes on Real Wages and Unemployment by Richard Wood PDF Summary

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Why Wages Don't Fall during a Recession

Why Wages Don't Fall during a Recession

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A deep question in economics is why wages and salaries don't fall during recessions. This is not true of other prices, which adjust relatively quickly to reflec