Wage Policy as an Essential Ingredient in Job Creation

Oren Levin-Waldman

Challenge, 2012, vol. 55, issue 6, 26-52

Abstract: Monetary policy has shown that it is not sufficient to stimulate economic activity to produce full employment. But the author argues that fiscal policy would not be enough, either. We need a robust wage policy specifically designed to increase what people make on the job.

Date: 2012
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DOI: 10.2753/0577-5132550602

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