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Macroeconomics And The Wage Bargain: A Modern Approach To Employment, Inflation, And The Exchange Rate
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This intermediate-level text concentrates on new macroeconomic analysis and is one of the first to focus on labor markets. Presenting a neo-Keynesian treatment of macroeconomics, whose use of wage bargaining and price setting under imperfect conditions make product and labor assumptions closer to the real world, the authors look at important applied work on unemployment, inflation, and external balances. They make available for the first time to undergraduates and non-specialists current literature on major questions of economic policy and performance, especially in Western Europe.

Paperback: 496 pages

Publisher: Oxford University Press; 1 edition (December 6, 1990)

Language: English

ISBN-10: 0198772440

ISBN-13: 978-0198772446

Product Dimensions: 6.2 x 1.1 x 9.2 inches

Shipping Weight: 1.9 pounds (View shipping rates and policies)

Average Customer Review: 5.0 out of 5 stars  See all reviews (4 customer reviews)

Best Sellers Rank: #1,894,891 in Books (See Top 100 in Books) #96 in Books > Business & Money > Economics > Inflation #631 in Books > Business & Money > International > Foreign Exchange #881 in Books > Textbooks > Business & Finance > Economics > Macroeconomics

One of the best macroeconomics textbooks in the market.First of all it contains an excellent chronological survey of models. But above all, its approach based on wage bargain and mark-up pricing has great relevance in terms of real world phenomena, in contrast to most mecroeconomic textbooks based in the unrealistic competitive model. The main contribution is to set an scenario for a feasible and intelligent social negotiation and for economic policy, instead of definitive "natural" outcomes of economic performance. I hope the authors keep on updating this bookJorge Ibarra. National University of Mexico

Most of the textbooks in macroeconomics (Blanchard, Mankiew and Gordon) focus on basic IS-LM and AS-AD models which are useless in open economies. This book is perfect upgrade for everybody who has read basic macroeconomics textbooks and wants to go further. There is economic history review, everithing is based on imperfect labour markets and salter-swan diagram is perfectly implemented in standard macroeconomics tools together with IS-LM model.

Ten years ago, by coincidence, I saw this book. I bought it, and since then I have recommended it to all my colleagues.At that time, the book was new and contained all the most recent developments in the journals (it ends with hysteresis - well explained and at that moment a brand new topic in the journals).But what I find more important is that this is the only book I read where all those journal-stuff was fitted into a coherent frame-work; for the first time I really understood what macro-economics (and their micro foundations) was all about.Up till then, I had seen only fragmented pieces of macro theory and here these authors came with a coherent view, which would have taken myself years to fit together, and I was sorry that this was not the handbook I had at university.I don't follow-up this field anymore, and the book has not been updated anymore since then (a pity I think) but I write this review out of gratitute for the insights the authors gave me: I finally realized that in this book all the pieces were fitted together and allowed me to really understand macro-economics.Personally, I can only recommend it.

Like much its a fantastic presentation of the Macroeconomics

Macroeconomics and the Wage Bargain: A Modern Approach to Employment, Inflation, and the Exchange Rate Strategies for Employment Class and Collective Actions: Leading Lawyers on Addressing Trends in Wage and Hour Allegations and Defending Employers in Class Action Litigation (Inside the Minds) Chapter 30, Exchange Rate Regimes Exchange Server 2016 & Exchange Online: Essentials for Administration (IT Pro Solutions) Amish Mystery and Romance: The Plea Bargain A Bargain for Frances (I Can Read Level 2) My Life & 1,000 Houses: 200+ Ways to Find Bargain Properties Interest Rate Markets: A Practical Approach to Fixed Income Modern Pricing of Interest-Rate Derivatives: The LIBOR Market Model and Beyond Scraping By: Wage Labor, Slavery, and Survival in Early Baltimore (Studies in Early American Economy and Society from the Library Company of Philadelphia) Working and Poor: How Economic and Policy Changes Are Affecting Low-Wage Workers Taxation, Wage Bargaining, and Unemployment (Cambridge Studies in Comparative Politics) Both Hands Tied: Welfare Reform and the Race to the Bottom in the Low-Wage Labor Market The Betrayal of Work: How Low-wage Jobs Fail 30 Million Americans And Their Families The Betrayal of Work: How Low-Wage Jobs Fail 30 Million Americans Out to Work: A History of Wage-Earning Women in the United States, 20th Anniversary Edition Kathleen Brooks on Forex: A simple approach to trading foreign exchange using fundamental and technical analysis The Microstructure Approach to Exchange Rates (MIT Press) Monetary Regimes and Inflation: History, Economic and Political Relationships, Second Edition The Great Inflation and Its Aftermath: The Past and Future of American Affluence