Economic Foundations of Wage Policy PDF Download

Author: John Richard Hicks
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Author: K. S. V. Menon
Publisher:
ISBN:
Category : Wages
Languages : en
Pages : 330

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Book Description
Monograph on the evolution of wage policy in India, with particular reference to the contribution of the supreme court thereto - comprises a compilation of court decisions in respect of labour disputes concerning wages as an illustration thereof, covers the wage structure in industry, wage payment systems, minimum wage fixation, etc., comments on relevant labour legislation and includes recommendations. ILO mentioned.

Author: Barbara Wootton
Publisher: Taylor & Francis
ISBN: 1040150764
Category : Business & Economics
Languages : en
Pages : 203

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Book Description
First published in 1955, The Social Foundations of Wage Policy provides a comprehensive study of British wage and salary structure. It discusses themes like economists’ theory of wages; economic curiosities of British wage structure; modern methods of wage determination; wage policy in a vacuum; attitudes of trade unions and government; and a rational wage policy. This is an important historical document for scholars and researchers of economics and British political economy.

Author: Nicola Acocella
Publisher: Cambridge University Press
ISBN: 9780521586382
Category : Business & Economics
Languages : en
Pages : 546

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Book Description
Recent developments in public economics have largely been in the direction of reaffirming the limits of the market and of establishing new ones. The possible existence of fundamental non-convexities, imperfect and asymmetric information, incentive compatibility, imperfect competition, strategic complementarity, and scale economies led to the conclusion that a large set of market failures exist; such situations also imply government failure. Acocella, considers this complicated picture and provides a discussion of the different approaches to establishing social 'rankings' of the possible situations and the underlying principles. The arguments for and against different institutions are then analysed at a micro and macroeconomic level. The market and the government are recognised as imperfect, and thus complementary, institutions. Specific policy targets and instruments are considered in the areas of micro and macro-economic policy. Special attention is devoted to questions of policy management in an open economy. Finally, problems of domestic and international policy co-ordination are considered.

Author: Thomas J. Kniesner
Publisher: Now Publishers Inc
ISBN: 1601983700
Category : Business & Economics
Languages : en
Pages : 83

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Hedonic Wage Equilibrium examines empirically and theoretically the properties of the equilibrium wage function.

Author: Economic and Business Foundation
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 44

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Author: Hansjörg Herr
Publisher:
ISBN: 9789221246473
Category :
Languages : en
Pages : 22

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Book Description
Minimum wage policy supported by a strong social policy is an efficient mechanism against poverty and income erosion of the poorest households. Minimum wage is one of the instruments which can control wage dispersion and in this way reduce income inequality. It can also help to prevent a general decline in the level of nominal wages and deflationary developments. For almost two decades now Japan has been suffering from deflationary tendencies triggered by falling nominal wages and unit-labour costs (Herr/Kazandziska 2010). There is a certain likelihood that the United States, Europe and other OECD countries will fall into a deflationary trap over the next decade, and a minimum wage policy could help to reduce this danger. The purpose of this paper is to discuss the principles of minimum wage policy whereby economic dimensions as well as institutional and political questions are taken into account. In the next section of the paper different theoretical views regarding the question of minimum wages are summarised. We concentrate on the neoclassical and Keynesian paradigm. Then institutional and political questions are discussed. Who sets the minimum wage, how is it determined, how frequently is it adjusted, which criteria are taken into account when deciding about the amount of the minimum wage, etc. Moreover, the connection to wage bargaining and the importance of minimum wages for unions are thoroughly examined.

Author: Rebecca M. Blank
Publisher: Russell Sage Foundation
ISBN: 1610440579
Category : Business & Economics
Languages : en
Pages : 447

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Book Description
Over the last three decades, large-scale economic developments, such as technological change, the decline in unionization, and changing skill requirements, have exacted their biggest toll on low-wage workers. These workers often possess few marketable skills and few resources with which to support themselves during periods of economic transition. In Working and Poor, a distinguished group of economists and policy experts, headlined by editors Rebecca Blank, Sheldon Danziger, and Robert Schoeni, examine how economic and policy changes over the last twenty-five years have affected the well-being of low-wage workers and their families. Working and Poor examines every facet of the economic well-being of less-skilled workers, from employment and earnings opportunities to consumption behavior and social assistance policies. Rebecca Blank and Heidi Schierholz document the different trends in work and wages among less-skilled women and men. Between 1979 and 2003, labor force participation rose rapidly for these women, along with more modest increases in wages, while among the men both employment and wages fell. David Card and John DiNardo review the evidence on how technological changes have affected less-skilled workers and conclude that the effect has been smaller than many observers claim. Philip Levine examines the effectiveness of the Unemployment Insurance program during recessions. He finds that the program's eligibility rules, which deny benefits to workers who have not met minimum earnings requirements, exclude the very people who require help most and should be adjusted to provide for those with the highest need. On the other hand, Therese J. McGuire and David F. Merriman show that government help remains a valuable source of support during economic downturns. They find that during the most recent recession in 2001, when state budgets were stretched thin, legislatures resisted political pressure to cut spending for the poor. Working and Poor provides a valuable analysis of the role that public policy changes can play in improving the plight of the working poor. A comprehensive analysis of trends over the last twenty-five years, this book provides an invaluable reference for the public discussion of work and poverty in America. A Volume in the National Poverty Center Series on Poverty and Public Policy

Author: T. S. Papola
Publisher: Bombay : Somaiya Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 264

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Book Description
Study of wage determination factors in the cotton textile industry in India from 1939 to 1962 - covers theoretical aspects, economic implications of labour supply and labour demand, labour productivity, the cost of living, labour costs and profitability, the impact of trade union policies on the rise in wages, etc. Bibliography pp. 233 to 239 and statistical tables.

Author: Oren M Levin-Waldman
Publisher: Routledge
ISBN: 1136881867
Category : Business & Economics
Languages : en
Pages : 330

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Book Description
Wage policy can be broadly defined as a set of institutions designed to bolster the wages of workers, especially for those workers who lack negotiating power. This book concentrates on the relationship between wage policy and the distribution of income and the maintenance of a sustainable democracy. Whereas economists have looked at this issue in relation to labour markets, this book aims to reset the balance by focusing on issues such as equality and democratic theory. This book makes an important contribution to the literature of public policy, political philosophy and political economy. Levin-Waldman argues that wage policy is an important component in the maintenance of democratic society and that a reduction in income inequality can have a positive effect both on personal autonomy and empowerment.