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Hardcover Wages in the Business Cycle: An Empirical and Methodological Analysis Book

ISBN: 1472513185

ISBN13: 9781472513182

Wages in the Business Cycle: An Empirical and Methodological Analysis

During prolonged economic recessions when the normal cyclical expansion of output fails to materialize, the topic of the 'cyclical behaviour of wages' has emerged as an area of debate. In 1985, the British Treasury claimed that academic studies into the cyclical behaviour of wages demonstrated that a cut in wages would increase employment. Wages in the Business Cycle contests this argument by presenting the results of original, empirical...

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Format: Hardcover

Condition: New

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