A Fair Wage Model of Unemployment with Inertia in Fairness Perceptions
Published on Wednesday, March 28, 2012 | Updated on Thursday, November 19, 2015
Document number 12/03
A Fair Wage Model of Unemployment with Inertia in Fairness Perceptions
Summary
A fair-wage model with inertia in fairness perceptions provides a plausible explanation for the observed negative correlation between changes in productivity growth and equilibrium unemployment
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Mónica Correa
George Choullarakis