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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Format: | Article |
Language: | English |
Published: |
Associazione Economia civile
2013-10-01
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Series: | PSL Quarterly Review |
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Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10811 |