Real wages and unemployment

When heavy unemployment persists year after year, it is natural to infer that labour is over-priced. This explanation may well prove to be a crucially important part of a larger explanation; but it is also clear that there are ambiguities to be removed and questions to be answered. The author analys...

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Bibliographic Details
Main Author: T. WILSON
Format: Article
Language:English
Published: Associazione Economia civile 2013-10-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10811