労働コストは反景気循環的？ - himaginary’s diary

労働コストは反景気循環的？ - himaginary’s diary

「New Evidence on Cyclical Variation in Labor Costs in the U.S.」というNBER論文が上がっている（un...概要を表示 「New Evidence on Cyclical Variation in Labor Costs in the U.S.」というNBER論文が上がっている（ungated版）。著者はGrace Weishi Gu（UCサンタクルーズ）、Eswar Prasad（コーネル大）。 以下はその要旨。 Employer-provided nonwage benefit expenditures now account for one-third of U.S. firms' labor costs. We show that a broad measure of real labor costs including such benefit expenditures has become countercyclical during 1982-2014, contrary to the con