Wages Policy Under Full EmploymentRalph Turvey |
Contents
THE DILEMMA OF WAGES POLICY | 16 |
A CRITIQUE OF REHNS APPROACH | 55 |
A REPLY TO PROFESSOR LUNDBERG | 72 |
1 other sections not shown
Common terms and phrases
400 million accept average balance cent centralized wages policy consumption cost of living crease demand for labour discussion duction ductivity economic policy effect employers ERIK LUNDBERG excessive wage increases expanding industries export favourable Frictional unemployment full employment high profits hourly earnings increase in productivity increased indirect taxation increased wages increases in wages inflation inflationary gap inflationary wage investment labour exchanges labour market long run low profits Lundberg maintained mand marginal firms means measures Meidner ment million crowns monetary monetary policy money wages necessary organizations period ployment possible post-war price and wage price control price increases price level price-wage problem purchasing power redistribution reduction Rehn Rehn's policy relative wages responsibility result rise in productivity risk RUDOLF MEIDNER saving situation Sweden Swedish taxes tion trade union movement unem wage changes wage claims wage differences wage differentials wage level wage movements wage rates wage stability wage structure wage-earners workers