Name: Why Wages Don't Fall during a Recession
Price: 567.95 DKK
Availability: InStock
Author: Truman F. Bewley
ISBN: 9780674009431

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

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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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Sprog:
Engelsk

ISBN:
9780674009431

Forlag:
Harvard University Press

Indbinding:
Paperback

Sideantal:
544

Udgivet:
30. september 2002

Størrelse:
153x230x34 mm.

Vægt:
752 g.

Leveringstid: 8-11 hverdage.
Forventet levering: 13. december 2024

Forlænget returret til d. 31. januar 2025

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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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