| Description |
1 online resource (261 pages) |
| Series |
Routledge Revivals |
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Routledge revivals.
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| Contents |
Cover; Half Title; Title Page; Copyright Page; Contents; Preface; About the Contributors; Introduction; PART ONE: Wage Rigidities, Employment Opportunities, and Labor Market Stratification: AN OVERVIEW; 1. Unemployment and Inflation: An Alternative View; The wage determination process; The inflationary process; Anti-inflationary policy; Unemployment; Public policy fo r upward mobility; The Phillips curve, the evidence, and the determinants of economic policy; 2. A Job Competition Model; The labor queue; Facilitating training; Job competition in the American economy |
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Implications of a job competition view of the economy3. The Labor Market in Post-Keynesian Theory; The orthodox theory of wage determination and unemployment; The post-Keynesian critique; Production and the demand fo r labor; Labor supply and underemployment; Summary; Policy implications; 4. Is There a Phillips Curve?; Problems of measurement; PART TWO: The Wage Structure and Wage Inflation; A. Rigidities in the Wage Structure: Early Formulations; 1. Wage Contours; Job clusters and wage contours; Nature of wage contours; Wage structure in the short run |
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The long-term development of wage structureConclusions; 2. Job Clusters; Institutional and technological background; The production process and the dem and for and supply of labor; The seniority system and the labor market; Wage administration and wage inequities; Some wage-structure generalizations; Internal job comparisons and job clusters; The nature of narrow job clusters; Special job clusters; Job clusters and wage relationships; Key jobs and market comparison; Issues arising from technological change; Wage-structure adjustment to market-rate influence |
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The influence of labor cost and broad market contours3. Orbits of Coercive Comparison; Equalizing tendencies under collective wage determination; Orbits of coercive comparison; Labor market competition; Product-market competition; Centralized bargaining within the union; Common ownership of establishments; Participation by the government; Rival union leadership; B. Rigidities in the Wage Structure: Recent Formulations; 1. Pattern Bargaining, Wage Determination, and Inflation: Some Preliminary Observations on the 1976-78 Wage Round; The national master freight agreement |
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The URW and the tire and rubber industryThe UAW and the auto, agricultural implement, and aerospace industries; The USW and the basic steel, aluminum, and metal container industries; The CWA and the Bell System; Other settlements; A wage pattern?; Interpretation and implications; Type of pattern bargaining or spillover effects; 2. Fragments of a "Sociological" Theory of Wages; ""Sociological"" forces; Institutionalization; Economic considerations; Labor market strata; Conclusion; 3. Pricing Rules; PART THREE: Labor Market Structure; 1. Why the U.S. Unemployment Rate Is So High |
| Notes |
Overplayed theories |
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Print version record |
| Subject |
Unemployment -- Effect of inflation on -- United States
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Wages -- Effect of inflation on -- United States
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BUSINESS & ECONOMICS -- Labor.
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POLITICAL SCIENCE -- Labor & Industrial Relations.
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Unemployment -- Effect of inflation on
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Wages -- Effect of inflation on
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United States
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| Form |
Electronic book
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| ISBN |
9781351537919 |
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1351537911 |
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