The authors present a new treatment of macroeconomics. Its key characteristic is the use of wage bargaining and price-setting under imperfect competition, makin
Examines why some countries have much higher unemployment rates than others. Explores wage bargaining institutions, macro-economic policy regimes, and the welfa
This book addresses collective bargaining in an intertemporal monetary macroeconomy of the aggregate supply–aggregate demand (AS–AD) type with overlapping g