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Macroeconomics and the Wage Bargain
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Macroeconomics and the Wage Bargain : A Modern Approach to Employment, Inflation, and the Exchange Rate

Book Details

Format Paperback / Softback
ISBN-10 0198772440
ISBN-13 9780198772446
Publisher Oxford University Press
Imprint Oxford University Press
Country of Manufacture GB
Country of Publication GB
Publication Date Oct 4th, 1990
Print length 494 Pages
Weight 742 grams
Dimensions 15.60 x 23.40 x 3.00 cms
Product Classification: MacroeconomicsLabour economics
Ksh 16,750.00
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Focusing on macroeconomic analysis, this work also includes imperfectly competitive labour and product markets. It presents a 'Keynesian' treatment of macroeconomics, and features the important applied work on unemployment, inflation, and external balances.
This intermediate level textbook concentrates on macroeconomic analysis and is one of the first to focus on imperfectly competitive labour and product markets.The authors present a `new Keynesian'' treatment of macroeconomics. Its key characteristic is the use of wage bargaining and price-setting under imperfect competition, making product and labour market assumptions closer to the real world. These features are fully integrated in both closed and open economy analysis.The book provides access both to the important applied work on unemployment, inflation, and external balances, and to the journal literature on major questions of economic policy and performance, especially in Western Europe, available to undergraduates and non-specialists for the first time.

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