Beggar or prosper-thy-neighbour? The international spillovers of labour cost
"Lower labour costs have ambiguous effects on domestic and foreign output in the presence of a transmission channel linking real wages with consumption and savings decisions of households. This transmission channel takes place via credit constrained households. The main result is that lowering...
| Main Authors: | , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Geneva
2015
ILO |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19103364124919215469-Beggar-or-prosper-thy-neighbou.htm |
