Economics of Wage Determination PDF Download

Author: Heinz König
Publisher:
ISBN:
Category : Labor economics
Languages : en
Pages : 396

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Author: J. Dunlop
Publisher: Springer
ISBN: 1349152056
Category : Business & Economics
Languages : en
Pages : 442

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Author: Clark Kerr
Publisher: Univ of California Press
ISBN: 0520323300
Category :
Languages : en
Pages : 210

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Author: Heinz König
Publisher: Springer
ISBN: 9783642841347
Category : Political Science
Languages : en
Pages : 0

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Heinz Konig This volume contains fourteen papers, all except one were presented and discussed at an international seminar of the Sonderforschungsbereich 5, University Mannheim, on October 5th-7th, 1987. While the planned overall theme was originally limited to the problems of wage determination in their relation to unemployment, the papers presented cover a much broader field and treat the problems from a microeconomic as well as from a macroeconomic perspective. It was this mixture of methodological approaches which, at least in my mind, stimulated the discussion and have documented the advances in labor market and macroeconomic theory in recent years. Rising and persistently high unemployment rates in western countries since the mid 70's reshifted the economists' attention to the role of wages with respect to labor supply and demand. Most markets seem to clear, yet the labor market does not. Macro economic thinking in the 50's and 60's, following the Keynesian paradigm, attributed this missing "self-correction"-property to the rigidity of nominal wages. However, it was soon recognized that wages could be rigid without any implications for macroeconomic adjustment. As long as profits are sufficiently flexible, rigid wages do not prevent prices from reacting to fluctuations in nominal demand. Furthermore, it is less the nominal wage stickiness than the real wage rigidity which impedes market clearing. Most neo-Keynesian theories in recent years, therefore, try, given rational behavior of economic agents, to disentangle factors which are responsible for real rigidities in labor markets as well as in product markets.

Author: Ms.Anne Romanis Braun
Publisher: International Monetary Fund
ISBN: 9780939934751
Category : Business & Economics
Languages : en
Pages : 404

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Written by Anne Romanis Braun, a former staff member of the IMF's Research Department, this volume deals with the nature of wage determination and the problem of securing an economically appropriate development of money incomes in an open economy over the medium term.

Author: INTERNATIONAL ECONOMIC ASSOCIATION.
Publisher:
ISBN:
Category :
Languages : en
Pages : 437

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Author: John Thomas Dunlop
Publisher:
ISBN:
Category : Collective bargaining
Languages : en
Pages : 250

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Author: Toshiaki Tachibanaki
Publisher: Springer
ISBN: 1349262811
Category : Business & Economics
Languages : en
Pages : 385

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Wages are a vital economic variable in their influence on employment and unemployment and as the main source of personal income, affecting both living standards and labour incentives. Wage determination is studied here in an international perspective, using a common theoretical framework and statistical method through the individual country chapters to reveal similarities and differences between Japan, South Korea, the United States, Canada, Australia, the United Kingdom, Germany and France.

Author: Richard Perlman
Publisher:
ISBN:
Category : Wages
Languages : en
Pages : 154

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Author: Richard Perlman
Publisher: Greenwood
ISBN:
Category : Business & Economics
Languages : en
Pages : 168

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