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Long-run unemployment and real wage growth across the OECD

Unit 16 'Technological progress, employment, and living standards in the long run’ Section 16.8 'Institutionsand policies: Why do some countries do better than others?' in The CORE Team, The Economy. Available at:https://tinyco.re/16081220 [Figure 16.12]

Unemployment rate (average annual rate, 1970-2017)0%2%4%6%8%10%12%14%Real wage growth (average annual growth rate, 1970-2011)2%High PerformersHigh PerformersMiddle PerformersMiddle PerformersUnited KingdomUnited KingdomBelgiumBelgiumSpainSpainSwedenSwedenJapanJapan

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    Long-run unemployment and real wage growth across the OECD

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