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Unions and Money Wage Inflation
h Union Power Versus the Money Supply
FUNCTICNING OF THE LABOUR MARKET
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analysis associated Britain closed shop coefficient of variation collective bargaining cost push inflation demand for labour demand side discussed dispersion Economic employer evidence example excess demand exist flow into unemployment Gujarati high productivity growth Hines I I Q I Q Q impact incomes policy indexation Industrial Relations industrial wage structure inflationary process Institute Economic key bargains labour force labour productivity lagging leading sector lower macro ment moderate inflation monetarist money supply money wage changes money wage inflation number of strikes number of workers Parkin pay policy percent Phillips Curve post war period problem productivity growth sector proportion Purdy and Zis Q I I Q Q Q real wages recent regional registered unemployment relative rise Sargan Section strike activity strikers studies supplementary benefits Trade Unions unemploy unemployment duration unemployment rate union membership union power vacancies variable wage increases wage settlements whilst