Wages and Unemployment: A Study in Non-Walrasian Macroeconomics Book + PRICE WATCH * Amazon pricing is not included in price watch

Wages and Unemployment: A Study in Non-Walrasian Macroeconomics Book

This book provides and overview and assessment of various theoretical approaches in macroeconomics that focus on wage rigidities and involuntary unemployment. It offers an analysis of the microeconomic foundations of rigid wages and considers their implications for public policy. It reports new findings concerning the theory fix-price temporary equilibria, and provides a analysis of the micro-foundations of inefficiencies in the labour market such as risk- sharing mechanisms, union behaviour and efficiency wage models.Read More

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  • Product Description

    This book provides an overview and assessment of various theoretical approaches in macroeconomics that focus on wage rigidities and involuntary unemployment. It offers an analysis of the microeconomic foundations of rigid wages and considers their implications for public policy. It reports new findings concerning the theory of fix-price temporary equilibria, and provides an analysis of the micro-foundations of inefficiencies in the labor market such as risk-sharing mechanisms, union behavior and efficiency wage models.

  • 0521350573
  • 9780521350570
  • Pierre Picard
  • 13 May 1993
  • Cambridge University Press
  • Hardcover (Book)
  • 276
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