Hijzen, Alexander; Kappeler, Andreas; Pak, Mathilde; … - 2017
This paper provides an overview of labour market resilience in the wake of the Great Recession of 2008-09 and the role …, but the unemployment cost of the Great Recession has nonetheless been very large and long-lasting in many countries …. Moreover, as the recovery in output has been weak relative to the recovery in employment, labour productivity and wage growth …