Economic analysis of guaranteed wages
Alvin Harvey Hansen, Paul Anthony Samuelson, United States. Bureau of Labor Statistics, United States. Office of War Mobilization and Reconversion
U.S. Govt. Print. Office, 1947 - Business & Economics - 62 pages
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accumulation of reserves aggregate demand anteed wage antidepression average boom burden business cycle capital chapter collective bargaining consumption corporate cyclical cyclical unemployment deflationary depression discussion earnings economic analysis effective demand effects of guaranteed efficiency employer expenditure expense extent fall favorable firms fluctuations full employment program governmental grants-in-aid gross national product guar guaran guaranteed wage plans guaranteed-wage plans Hansen and Samuelson high employment hourly rates important incentive increase industry instability investment involved labor force lay-offs less level of employment liability limited maintain maintenance ment national income nomic outlays output over-all PAMPHLIT BiNDER pay rolls percent periods ployer ployment possible problem profits propensity to consume raise redistribution reduced relatively reserve accumulation reserve financing reserve funds saving seasonal social security stabilization steady substantial sumer tend tion unem unemploy unemployment insurance variable cost wage contract wage guarantee plans wage payments wage rates whole