One of the prevailing narratives in economics over the past few decades has been the stifling of wage growth. The NAIRU provides an interesting lens through which to gauge labour market slack. The recent decreases….
Chart of the Week: Historical Trends in UK Unemployment and Effects on Wage Growth
One of the prevailing narratives in economics over the past few decades has been the stifling of wage growth. The NAIRU provides an interesting lens through which to gauge labour market slack. The recent decreases….