Germany : Selected Issues

Selected Issues

Germany : Selected Issues
This Selected Issues paper on Germany reviews investment trends and business capital stock in Organization for Economic Co-operation and Development (OECD) countries. Sharp wage increases are found to boost capital formation in the short term as employers substitute capital for labor at a rate that adjusts to the higher relative price for labor.... READ MORE...

Publication date: November 2004
ISBN 9781451810455
$15.00

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