This book, originally published in 1981, is a major reassessment of the strengths and weaknesses of incomes policies. A distinguished group of economists comprehensively review the rationale and history of the field, giving special attention to the role fo the public sector, the question of low pay and the differing approaches to incomes policies which have been adopted in Europe and North America.
What is Incomes Policy Incomes policies in economics are economy-wide wage and price controls, most commonly instituted as a response to inflation, and usually seeking to establish wages and prices below free market level. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Incomes policy Chapter 2: Inflation Chapter 3: Full employment Chapter 4: New Keynesian economics Chapter 5: Phillips curve Chapter 6: Economic Stabilization Act of 1970 Chapter 7: Built-in inflation Chapter 8: National income policy agreement (Finland) Chapter 9: Price controls Chapter 10: 1973 Australian referendum (Incomes) Chapter 11: Fiscalism Chapter 12: Nixon shock Chapter 13: Prices and Incomes Accord Chapter 14: General Maximum Chapter 15: Vuskovic plan Chapter 16: Nixonomics Chapter 17: Demand-led growth Chapter 18: NAIRU Chapter 19: 1973-1975 recession Chapter 20: Hyperinflation in Brazil Chapter 21: Impact of the Korean War on the economy of the United States (II) Answering the public top questions about incomes policy. (III) Real world examples for the usage of incomes policy in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Incomes Policy.
Economic research study of structural changes in incomes policies as a consequence of prolonged inflation in the USA - analyses trends in wage policy, discusses the problem of trade union power in connection with wages-push inflation, the introduction of direct controls, such as price and wage freezes, fiscal policy, etc. And their impact on unemployment, etc. References.
