Macroeconomics and the wage bargain: a modern approach to employment, inflation, and the exchange rate

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Oxford University Press, 1990 - Business & Economics - 482 pages
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This intermediate-level text concentrates on new macroeconomic analysis and is one of the first to focus on labor markets. Presenting a neo-Keynesian treatment of macroeconomics, whose use of wage bargaining and price setting under imperfect conditions make product and labor assumptionscloser to the real world, the authors look at important applied work on unemployment, inflation, and external balances. They make available for the first time to undergraduates and non-specialists current literature on major questions of economic policy and performance, especially in WesternEurope.

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Introduction Inflation and Unemployment in Contemporary
Keyness Model of Employment

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About the author (1990)

University of Oxford

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