Why U.S. Wage and Employment Behavior Differs from That in Britain and Japan
收藏NBER1981-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w0809
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资源简介：
This paper argues that rigid wages cannot provide the underpinnings of a universally valid theory of the business cycle, simply because wages are not universally rigid. Several different statistical techniques suggest that wage rates in the U.K. and Japan are between three and 15 times more flexible
提供机构：
美国国家经济研究局
创建时间：
1981-11-01
