Labor market slack in the United Kingdom

"This paper examines the amount of slack in the UK labor market. It examines the downward adjustments made by the Monetary Policy Committee (MPC) to both unemployment and underemployment, which in our view are invalid. Without any evidence the MPC in its assessment of the output gap reduces the...

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Bibliographic Details
Main Authors: Bell, David N.F., Blanchflower, David G.
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Washington, DC 2014
Peterson Institute
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19118181124919363639-Labor-market-slack-in-the-unit.htm

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