The lack of wage growth and the falling NAIRU
"There remains a puzzle around the world over why wage growth is so benign given the unemployment rate has returned to pre-recession levels. It is our contention that a considerable part of the explanation is the rise in underemployment which rose in the Great Recession but has not returned to...
Main Authors: | Bell, David N.F., Blanchflower, David G. |
---|---|
Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
London
2018
NIESR |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19399152124911173349-The-lack-of-wage-growth-and-th.htm |
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