The political economy of wages and unemployment a neoclassical exploration

1. The problem labour monopoly might solve -- 2. The fall and rise of labour monopoly theory -- 3. How a wage bill hill creates a wage rate floor -- 4. Why the floor will fluctuate -- 5. How bargaining may build a ceiling instead of a floor -- 6. How foresight may (and may not) defeat the floor -- 7...

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Bibliographic Details
Main Author: Coleman, William Oliver
Format: eBook
Language:English
Published: Cheltenham, U.K Edward Elgar 2010
Subjects:
Online Access:
Collection: Edward Elgar eBook Archive - Collection details see MPG.ReNa
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520 |a 1. The problem labour monopoly might solve -- 2. The fall and rise of labour monopoly theory -- 3. How a wage bill hill creates a wage rate floor -- 4. Why the floor will fluctuate -- 5. How bargaining may build a ceiling instead of a floor -- 6. How foresight may (and may not) defeat the floor -- 7. Why the 'property-owning democracy' may nationalize capital rather than regulate labour -- 8. Unemployment as a benefit of unemployment benefits -- 9. Why the majority may choose the wage of the minority -- 10. Rigidity and volatility in the face of the cycle : a neoklassikal analysis -- 11. Labour monopoly as the source of money wage rigidity : a hypothesis -- 12. A concluding comment 
520 |a In this tightly argued work William Coleman explores the macroeconomic implications of politically based restraints on competition in labour markets