Store besparelser
Hurtig levering
Gemte
Log ind
0
Kurv
Kurv
Essays on Wage Bargaining in Dynamic Macroeconomics
Engelsk Paperback
Essays on Wage Bargaining in Dynamic Macroeconomics
Engelsk Paperback

573 kr
Tilføj til kurv
Sikker betaling
6 - 8 hverdage

Om denne bog
This book addresses collective bargaining in an intertemporal monetary macroeconomy of the aggregate supply-aggregate demand (AS-AD) type with overlapping generations of consumers and with a public sector. The results are presented in a unified framework with a commodity market that clears competitively. By analyzing the implications of three variants of collective bargaining - efficient bargaining in a uniform and a segmented labor market and "right-to-manage" wage bargaining - it identifies the quantity of money, price expectations, union power, and union size as the determinants of temporary equilibria. In the three scenarios, it characterizes and compares the temporary equilibria using both analytical and numerical techniques, with an emphasis on allocations, welfare, and efficiency. It also discusses the dynamic evolution under rational expectations and its steady states in nominal and real terms. Lastly, it demonstrates conditions for stability regarding a balanced monetary expansion of the economy.
Product detaljer
Sprog:
Engelsk
Sider:
153
ISBN-13:
9783319978277
Indbinding:
Paperback
Udgave:
ISBN-10:
3319978276
Udg. Dato:
21 nov 2019
Længde:
15mm
Bredde:
234mm
Højde:
156mm
Forlag:
Springer International Publishing AG
Oplagsdato:
21 nov 2019
Forfatter(e):
Vi anbefaler også
Kategori sammenhænge