Toshihiko Fukui Quote: No.17
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The downward rigidity of nominal wages is often pointed out as a factor that prevents the smooth adjustment of real wages under very low inflation. Toshihiko Fukui | Refcard PDF ↑
The downward rigidity of nominal wages is often pointed out as a factor that prevents the smooth adjustment of real wages under very low inflation. Toshihiko Fukui | Refcard PDF ↑