Macroeconomics and the Wage Bargain
A Modern Approach to Employment, Inflation and the Exchange Rate
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Macroeconomics and the Wage Bargain by Wendy Carlin
Book DescriptionThis 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.
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Book DetailsISBN: 9780198772446
(234mm x 156mm x 28mm)
Imprint: Oxford University Press
Publisher: Oxford University Press
Publish Date: 4-Oct-1990
Country of Publication: United Kingdom
Books By Author Wendy Carlin
Macroeconomics: Institutions, Instability, and the Financial System, Paperback (November 2014)
Carlin and Soskice integrate the financial system with a model of the macro-economy. In doing this, they take account of the gaps in the mainstream model exposed by the financial crisis and the Eurozone crisis. This equips the reader with a realistic modelling framework to analyse the economy both in crisis times and in periods of stability.
Macroeconomics, Paperback (December 2005)» View all books by Wendy Carlin
Aims to provide a unified framework for the analysis of short- and medium-run macroeconomics. This book seeks to give students a model that they can use themselves to understand real-world macroeconomic behaviour and policy issues. It introduces a graphical model (IS/PC/MR) based on the 3-equation New Keynesian model used in modern macroeconomics.
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