The Impact Of Downward Nominal Wage Rigidity On The Unemployment Rate
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The Impact of Downward Nominal Wage Rigidity on the Unemployment Rate
Author | : Sachiko Kuroda |
Publisher | : |
Total Pages | : 50 |
Release | : 2003 |
Genre | : Unemployment |
ISBN | : |
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In most European countries, the prevailing terms of employment, including the nominal wage, can only be changed by mutual consent. I show that this feature impl