Book Description
Economic theory monograph on promotion of employment through wages flexibility, with particular reference to India - concludes that a flexible monetary policy is more effective than a flexible wage policy.
Author : R. D. Gupta
Publisher : Delhi : Vikas Publications
Page : 120 pages
File Size : 43,94 MB
Release : 1971
Category : Full employment policies
ISBN :
Economic theory monograph on promotion of employment through wages flexibility, with particular reference to India - concludes that a flexible monetary policy is more effective than a flexible wage policy.
Author : John Maynard Keynes
Publisher : Springer
Page : 430 pages
File Size : 36,52 MB
Release : 2018-07-20
Category : Business & Economics
ISBN : 3319703447
This book was originally published by Macmillan in 1936. It was voted the top Academic Book that Shaped Modern Britain by Academic Book Week (UK) in 2017, and in 2011 was placed on Time Magazine's top 100 non-fiction books written in English since 1923. Reissued with a fresh Introduction by the Nobel-prize winner Paul Krugman and a new Afterword by Keynes’ biographer Robert Skidelsky, this important work is made available to a new generation. The General Theory of Employment, Interest and Money transformed economics and changed the face of modern macroeconomics. Keynes’ argument is based on the idea that the level of employment is not determined by the price of labour, but by the spending of money. It gave way to an entirely new approach where employment, inflation and the market economy are concerned. Highly provocative at its time of publication, this book and Keynes’ theories continue to remain the subject of much support and praise, criticism and debate. Economists at any stage in their career will enjoy revisiting this treatise and observing the relevance of Keynes’ work in today’s contemporary climate.
Author : Andrew Levison
Publisher : Coward McCann
Page : 258 pages
File Size : 18,53 MB
Release : 1980
Category : Full employment policies
ISBN :
Author : Wilfred Beckerman
Publisher : Bloomsbury Academic
Page : 240 pages
File Size : 18,99 MB
Release : 1986
Category : Business & Economics
ISBN :
Author : United States. Congress. Senate. Committee on Banking and Currency
Publisher :
Page : 108 pages
File Size : 49,23 MB
Release : 1945
Category : Full employment policies
ISBN :
Author : William Oliver Coleman
Publisher : Edward Elgar Publishing
Page : 251 pages
File Size : 24,20 MB
Release : 2010-01-01
Category : Business & Economics
ISBN : 1849808112
In this tightly argued work William Coleman explores the macroeconomic implications of politically based restraints on competition in labour markets. Through a suite of compact models the author investigates the consequences of the labour force securing the best terms of sale for its labour by means of the electoral mechanism. He concludes that such ?electorally optimal' labour regulation can explain not only wage rigidity and unemployment, but also wage volatility; episodes of excess demand for labour; the co-existence of an inefficient state sector with an efficient private sector; and the preference for a minimum wage over a universal wage regulation. Finally, the approach can rationalise nominal wage rigidity, and not solely real wage rigidity. In sum, the analysis promises to both complete the Classical explanation of unemployment by predicting when, why and how real wages will be rigid, and at the same time to better secure Keynesian insights by suggesting how money rigidity may be characteristic of electorally optimal labour regulation.
Author : John Maynard Keynes
Publisher :
Page : 0 pages
File Size : 12,54 MB
Release : 1989
Category :
ISBN :
Author : R. D. Gupta
Publisher : Delhi : Vikas Publications
Page : 120 pages
File Size : 37,68 MB
Release : 1971
Category : Full employment policies
ISBN :
Economic theory monograph on promotion of employment through wages flexibility, with particular reference to India - concludes that a flexible monetary policy is more effective than a flexible wage policy.
Author : Jonathan Michie
Publisher : OUP Oxford
Page : 284 pages
File Size : 20,24 MB
Release : 1997
Category : Business & Economics
ISBN : 9780198290933
From a post-war assumption that full employment could be maintained through demand management techniques, we now live in an entirely different world. The contributors to this volume consider whether full employment is possible or affordable.
Author : Kazuyoshi Kōshiro
Publisher :
Page : 277 pages
File Size : 14,74 MB
Release : 1992
Category : Employment (Economic theory)
ISBN : 9780814320808
Since the oil crisis of the 1970s, increased labor market flexibility seems to have become an indispensable ingredient of economic success. This book examines the critical issues that affect labor market flexibility and job security in the main industrialized economies of the United States, Japan, West Germany, the United Kingdom, and Europe, in an attempt to more fully understand the complex forces at work within such labor markets. Employment Security and Labor Market Flexibility originated from The International Symposium on Labor Market Flexibility in Yokohama, Japan, in 1986, in which scholars in economics, industrial relations, and labor law scholars scrutinized the similarities and differences of the labor markets in these countries. They focused on three main topics: wage flexibility in response to changing economic conditions, the legal and institutional framework for employment security, and international comparison of employment adjustment. Comparison of wage flexibility as well as numerical and functional flexibility among these countries were examined by both qualitative and quantitative analyses. The labor market cannot be treated in the same way as other markets because it deals directly with human beings who are less likely to obey the immutable laws of the market mechanism. Nevertheless, Kazutoshi Koshiro asserts that it is still important to build a framework on which to understand and assess the role of labor flexibility in the competitive process, and it is with this framework in mind that these chapters have been assembled into one volume. Individual chapters compare the relative flexibility of compensation and employment over the business cycle in the United States with that of Japan; analyze the relative flexibility of Japanese wages; unravel some of the underlying forces that comprise the employment security situation in the United States; study the important relationship between economic conditions and the labor market and explain the difference between the employment protection legislation of the United States on the one hand, and Europe and Japan, on the other; and compare the nature of labor markets and employment adjustment techniques of the United States, Europe, and Japan.