Wages in the business cycle : an empirical and methodological analysis /
Material type:
TextPublication details: London : F. Pinter, c1987.Description: vii, 194 p. :illISBN: - 0861876865
- 331.2'1 MIC
- HD4906 .M43 1987
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| 330.9669 ECO Economic policy options for a prosperous Nigeria / | 330.967 YES Yes Africa can : | 331.13'7 GOD Global unemployment : | 331.2'1 MIC Wages in the business cycle : | 331.252'09669 OTI Pension administration in Nigeria : | 331 MCC Contemporary labor economics | 331 MCC Contemporary labor economics / |
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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