Wage Formation and Macroeconomic Policy in the Nordic Countries

by Lars Calmfors

0 ratings • 0 reviews • 0 shelved
Book cover for Wage Formation and Macroeconomic Policy in the Nordic Countries

Bookhype may earn a small commission from qualifying purchases. Full disclosure.

This study examines labour markets in Scandinavia. Scandinavian labour market policies have always represented one of the strongest alternatives to those adopted by recent governments in the UK and USA, and the ability of these countries to maintain such low unemployment is currently of great interest to the economists. The key issue in the book concerns the possibilities of combining wage moderation with active employment policies. Other central issues concern the impact on wages of productivity changes, tax policies, devaluations and working time development as well as of changing institutional conditions. The book analyzes both wage formation in the individual Nordic economies and general aspects of Nordic wage-setting institutions, in particular the relation between centralized bargaining and wage drift. The aim has been to apply modern union and bargaining theories of wage formation.
  • ISBN10 9171503684
  • ISBN13 9789171503688
  • Publish Date 1 September 1990
  • Publish Status Active
  • Out of Print 12 November 1998
  • Publish Country GB
  • Imprint Oxford University Press
  • Format Hardcover
  • Pages 448
  • Language English