Macroeconomics And The Wage Bargain: A Modern Approach to Employment, Inflation, and the Exchange Rate - Softcover

Carlin, Wendy

Softcover

ISBN 10: 0198772440 ISBN 13: 9780198772446

Publisher: Oxford University Press, U.S.A., 1990

Synopsis

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 assumptions closer 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 Western Europe.

About this title

Review

`We ought to welcome this book. In The Netherlands it will be particularly suitable for doctoral students. After so many textbooks on this level assuming perfect competition, it is important to have this alternative. It presents a coherent view on macroeconomics, built on a clear-cut core.' De Economist

`a very clear and well integrated presentation ... I warmly welcome the book and applaud the aims that it seeks to achieve. Overall, I think Carlin and Soskice have succeeded in those aims' British Journal of Industrial Relations

`This is a very good text ... representative of the `new Keynesian' approach to macroeconomics ... to be welcomed.' Industrial Relations Journal

`A most lucid and effective macroeconomic setting of modern theories of unemployment and inflation - excellent teaching material.' Dr P. Ryan, Cambridge University

`good, clear sections with clear understandable explanations of theories, wth relevant applications'Ms L. Garley, Nene College

Synopsis

This intermediate level textbook concentrates on macroeconomic analysis and is one of the first to focus on imperfectly competitive labour and product markets. The authors present a 'new Keynesian' treatment of macroeconomics. Its key characteristic is the use of wage bargaining and price-setting under imperfect competition, making product and labour market assumptions closer to the real world. These features are fully integrated in both closed and open economy analysis. The book provides access both to the important applied work on unemployment, inflation, and external balances, and to the journal literature on major questions of economic policy and performance, especially in Western Europe, available to undergraduates and non-specialists for the first time.

About this edition

• Publisher: Oxford University Press, U.S.A.
• Publication date: 1990
• ISBN 10: 0198772440
• ISBN 13: 9780198772446
• Binding: Paperback
• Number of pages: 496