Craigie, Rebecca; Gillmore, David; Groshenny, Nicolas - In: Reserve Bank of New Zealand Bulletin 75 (2012) December, pp. 3-12
Since the trough of the 2008/09 recession, the unemployment rate has remained high. However, some other indicators suggest that there might be less downward pressure on wage and price inflation than the unemployment rate alone implies. We explore this apparent discrepancy by looking at the...
