Quantitative easing and labour market restructuring underline the ‘regressive recovery’

Lavery, S. & Greem, J. (2015). Quantitative easing and labour market restructuring underline the ‘regressive recovery’.
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A combination of loose monetary policy and sustained wage deflation underpinned the Conservative’s economic recovery in the last parliament. These processes have consolidated rather than overcome weaknesses at the heart of Britain’s growth model, write Scott Lavery and Jeremy Green.

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