Changes in the Relative Structure of Wages and Employment: A Comparison of the United States, Canada, and France
- 1 August 1999
- journal article
- Published by JSTOR in Canadian Journal of Economics/Revue canadienne d'économique
- Vol. 32 (4) , 843
- https://doi.org/10.2307/136408
Abstract
Standard economic models suggest that adverse demand shocks will lead to bigger employment losses if institutional factors prevent real wages from declining. So...Keywords
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