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Why Wages Don't Fall during a Recession Truman F. Bewley
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Why Wages Don't Fall during a Recession
Truman F. Bewley
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.
544 pages, 24 line illustrations, 104 tables
| Medios de comunicación | Libros Paperback Book (Libro con tapa blanda y lomo encolado) |
| Publicado | 30 de septiembre de 2002 |
| ISBN13 | 9780674009431 |
| Editores | Harvard University Press |
| Páginas | 544 |
| Dimensiones | 153 × 230 × 34 mm · 752 g |
| Lengua | Inglés |
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