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  5. Why Wages Don't Fall during a Recession

Why Wages Don't Fall during a Recession

av Truman F. Bewley
Why Wages Don't Fall during a Recession av Truman F. Bewley
Om Why Wages Don't Fall during a Recession

A deep question in economics is why wages and salaries don't fall during recessions. This is not true of other prices, which adjust relatively quickly to reflect changes in demand and supply. Bewley's findings contradict most theories of wage rigidity and provide fascinating insights into the problems that prevent labor markets from clearing.

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  • Språk:
  • Engelska
  • ISBN:
  • 9780674009431
  • Format:
  • Häftad
  • Sidor:
  • 544
  • Utgiven:
  • 30. september 2002
  • Mått:
  • 153x230x34 mm.
  • Vikt:
  • 752 g.
Leveranstid: 2-4 veckor
Förväntad leverans: 27. december 2024
Förlängd ångerrätt till 31. januari 2025

Om Truman F. Bewley

Se alla böcker av Truman F. Bewley

Beskrivning av Why Wages Don't Fall during a Recession

A deep question in economics is why wages and salaries don't fall during recessions. This is not true of other prices, which adjust relatively quickly to reflect changes in demand and supply. Bewley's findings contradict most theories of wage rigidity and provide fascinating insights into the problems that prevent labor markets from clearing.

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