Wages in the business cycle : an empirical and methodological analysis /
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TextPublication details: London : F. Pinter, c1987.Description: vii, 194 p. :illISBN: - 0861876865
- 331.2'1 MIC
- HD4906 .M43 1987
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| 331.2'0973 LEV The 100 best companies to work for in America / | 331.2'0973 LEV The 100 best companies to work for in America / | 331.2'1 AAR The comparable worth controversy / | 331.2'1 MIC Wages in the business cycle : | 331.2'1 MIC Wages in the business cycle : | 331.2'1 ROT The theory of wages / | 331.2'1 WOM Women, work, and wages : |
Includes index.
Includes bibliographical references: p. 178-190.
During prolonged economic recessions when the normal cyclical expansion of output fails to materialize, the topic of the ‘cyclical behaviour of wages' has emerged as an area of debate. In 1985, the British Treasury claimed that academic studies into the cyclical behaviour of wages demonstrated that a cut in wages would increase employment. Wages in the Business Cycle contests this argument by presenting the results of original, empirical work which illustrates the absence of any systematic empirical regularity to wage movements over the business cycle.
rpm 15/02/2018
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