| Union Wage Bargaining and Economic Growth Softcover Repri Edition Contributor(s): Lingens, Jörg (Author) |
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ISBN: 3540215220 ISBN-13: 9783540215226 Publisher: Springer OUR PRICE: $52.24 Product Type: Paperback Published: June 2004 Annotation: Unemployment is still the most pressing economic problem in Europe. It is consensus among most economists that the major fraction of the unemployment problem is not caused by short term business cycle factors, but is caused by structural problems. Thus, unemployment in Europe is a long term phenomenon. With this the question arises whether unemployment also affects the rate of growth of an economy. This book offers a unified approach to analyse this question by incorporating union wage bargaining into a wide variety of growth models. It is shown that unions might foster economic growth, but this result is very sensitive to the exact specification of the model under consideration. In general, imperfect labour markets have an effect on the rate of growth and as such should be considered relevant when thinking about economic growth. |
| Additional Information |
| BISAC Categories: - Political Science | Labor & Industrial Relations - Business & Economics | Economics - Macroeconomics - Business & Economics | Labor |
| Dewey: 331.89 |
| LCCN: 2004106460 |
| Series: Lecture Notes in Economic and Mathematical Systems |
| Physical Information: 0.46" H x 6.14" W x 9.21" (0.69 lbs) 199 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: Writing a book is not possible without the generous input of many people. It is a pleasure to have the opportunity to thank at least some of these people. Prof. Dr. Jochen Michaelis, the supervisor of my dissertation, taught me how to do economic analysis and initiated my interest in labour market is- sues. Discussions with him have always been enlightening and have greatly improved the analysis in this book. Moreover, he always encouraged me when I experienced a slump in my motivation. He never lost his calmness and good temper, not even in situations when my need for discussion must have been bothering him. Thanks for that Jochen. I'm indebted to Prof. Dr. Peter Weise for taking over the job as the sec- ond referee of my thesis. He gave very valuable comments and sacrificed his christmas holiday to write the referee report as fast as possible. I also want to thank Prof. Stefan Voigt and Prof. Dr. Reinhold Kosfeld, the other two members of the dissertation committee, for the discussion during the defence of the thesis. |