Flexibility is out: now we see rigidity’s virtues. CEPS Commentaries, 23 February 2009
(2009) Flexibility is out: now we see rigidity’s virtues. CEPS Commentaries, 23 February 2009 .
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Abstract
In this thought-provoking commentary, CEPS Associate Fellow Paul De Grauwe explains why, contrary to conventional wisdom, rigidities in wages, employment and social security may enable countries to better deal with the debt deflation dynamics brough about by the crisis.
| Item Type: | Policy Paper |
|---|---|
| Public Domain: | No |
| Refereed: | No |
| Status: | Published |
| Authors, Individual: | Grauwe, Paul De. |
| Title: | Flexibility is out: now we see rigidity’s virtues. CEPS Commentaries, 23 February 2009 |
| Language: | English |
| Journals and Series: | Series > Centre for European Policy Studies (Brussels) > CEPS Commentaries |
| Pages: | 2 |
| Month: | February |
| Year: | 2009 |
| Subjects: | EU policies and themes > Policies & related activities > social policy > welfare state EU policies and themes > Policies & related activities > employment/labour market > employment/unemployment EU policies and themes > Policies & related activities > economic and financial affairs > financial crisis/recession 2008-9 |
| Keywords: | Wages; social security. |
| Alternative Locations: | http://shop.ceps.eu/BookDetail.php?item_id=1802 |
| ID Code: | 11095 |
| Deposited By: | Wilkin, Phil |
| Deposited On: | 02 June 2009 |
