MICHAEL KEATING. This is what policymakers can and cant do about low wage growth (The Conversation, 17.08.18)
August 19, 2018
The crisis really is in real wage growth. Reserve Bank Governor Philip Lowe, 2017
Increased inequality and low wage growth are constraining economic growth. But why is wage growth so low? And how should policymakers respond?
This is a link to Michael Keating’s article in The Conversation.
Michael Keating
Michael Keating is a former Secretary of the Departments of Prime Minister and Cabinet, Finance and Employment, and Industrial Relations. He is presently a visiting fellow at the Australian National University.