Macroeconomics and the Wage Bargain: A Modern Approach to Employment, Inflation, and the Exchange…

Paperback | June 1, 1989

byWendy Carlin, David Soskice, r s5

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This 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 openeconomy 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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From Our Editors

This book illustrates the genesis of the new approach to macroeconomics in shortcomings of both the 'Keynes-reappraisal' school and the new classical macroeconomics. This intermediate level textbook makes modern micro-based macroeconomics accessible to undergraduates and to economists not working in the field.

From the Publisher

This 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 p...

From the Jacket

This book illustrates the genesis of the new approach to macroeconomics in shortcomings of both the 'Keynes-reappraisal' school and the new classical macroeconomics. This intermediate level textbook makes modern micro-based macroeconomics accessible to undergraduates and to economists not working in the field.

Wendy Carlin is at University College London. David Soskice is at Wissenschraft Szentrum, Berlin.

other books by Wendy Carlin

Format:PaperbackDimensions:494 pages, 9.21 × 6.14 × 1.1 inPublished:June 1, 1989Publisher:Oxford University Press

The following ISBNs are associated with this title:

ISBN - 10:0198772440

ISBN - 13:9780198772446

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From Our Editors

This book illustrates the genesis of the new approach to macroeconomics in shortcomings of both the 'Keynes-reappraisal' school and the new classical macroeconomics. This intermediate level textbook makes modern micro-based macroeconomics accessible to undergraduates and to economists not working in the field.

Editorial Reviews

`good, clear sections with clear understandable explanations of theories, wth relevant applications'Ms L. Garley, Nene College