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Wage-Led Growth : An Equitable Strategy for Economic Recovery / by Engelbert Stockhammer ; edited by M. Lavoie.

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Format:
Book
Author/Creator:
Stockhammer., Author.
Contributor:
Lavoie, M.., Editor.
Engelbert..
Series:
Advances in Labour Studies, 2662-6160
Language:
English
Subjects (All):
Macroeconomics.
Econometrics.
Microeconomics.
Labor economics.
Finance.
Macroeconomics and Monetary Economics.
Quantitative Economics.
Labor Economics.
Financial Economics.
Local Subjects:
Macroeconomics and Monetary Economics.
Quantitative Economics.
Microeconomics.
Labor Economics.
Econometrics.
Financial Economics.
Physical Description:
1 online resource (209 p.)
Edition:
1st ed.. 2013.
Place of Publication:
London : Palgrave Macmillan UK : Imprint: Palgrave Macmillan, 2013.
Language Note:
English
Summary:
This volume seeks to go beyond the microeconomic view of wages as a cost having negative consequences on a given firm, to consider the positive macroeconomic dynamics associated with wages as a major component of aggregate demand.
Contents:
Cover; Half-Title; Title; Copyright; Contents; List of Tables and Figures; Foreword; Preface; Notes on Contributors; Introduction; 1 Wage-led Growth: Concept, Theories and Policies; 2 Why Have Wage Shares Fallen? An Analysis of the Determinants of Functional Income Distribution; 3 Is Aggregate Demand Wage-led or Profit-led? A Global Model; 4 Wage-led or Profit-led Supply: Wages, Productivity and Investment; 5 The Role of Income Inequality as a Cause of the Great Recession and Global Imbalances
6 Financialization, the Financial and Economic Crisis, and the Requirements and Potentials for Wage-led RecoveryIndex
Notes:
Description based upon print version of record.
Includes bibliographical references and index.
ISBN:
1-349-47092-9
1-137-35793-2
OCLC:
865544475

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