Wage Formation and Macroeconomic Policy in the Nordic Countries

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ISBN 13 :
Total Pages : 84 pages
Book Rating : 4.:/5 (1 download)

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Book Synopsis Wage Formation and Macroeconomic Policy in the Nordic Countries by : Lars Calmfors

Download or read book Wage Formation and Macroeconomic Policy in the Nordic Countries written by Lars Calmfors and published by . This book was released on 1989 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Wage Formation and Macroeconomic Policy in the Nordic Countries

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Publisher :
ISBN 13 :
Total Pages : 456 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Wage Formation and Macroeconomic Policy in the Nordic Countries by : Torben M. Andersen

Download or read book Wage Formation and Macroeconomic Policy in the Nordic Countries written by Torben M. Andersen and published by . This book was released on 1990 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scandinavian Labor market policies have always represented one of the strongest alternatives to those adopted by recent governments in the United Kingdom and the United States, and the ability of these countries to maintain such low unemployment is currently of great interest to economists. This book offers a comprehensive analysis of both wage formation in the individual Nordic economies and general aspects of Nordic wage setting institutions, in particular the relation between centralized bargaining and wage drift. This book will be of special interest to economists, policy makers, and trade unions.

Macroeconomic Theories and Policies for the 1990s

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Publisher : Springer
ISBN 13 : 1349116394
Total Pages : 174 pages
Book Rating : 4.3/5 (491 download)

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Book Synopsis Macroeconomic Theories and Policies for the 1990s by : Bruno Amoroso

Download or read book Macroeconomic Theories and Policies for the 1990s written by Bruno Amoroso and published by Springer. This book was released on 1992-06-18 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors of this book argue that the "Scandinavian Model" could be a starting point for a more relevant theory of macroeconomics. The importance of macro dynamics is also stressed for the understanding of inflation, growth and distribution.

Collective Bargaining and Wage Formation

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Publisher : Springer Science & Business Media
ISBN 13 : 3790815985
Total Pages : 190 pages
Book Rating : 4.7/5 (98 download)

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Book Synopsis Collective Bargaining and Wage Formation by : Hannu Piekkola

Download or read book Collective Bargaining and Wage Formation written by Hannu Piekkola and published by Springer Science & Business Media. This book was released on 2005-12-06 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hannu Piekkola and Kenneth Snellman ETLA, The Research Institute of the Finnish Economy, Helsinki, Finland The Labour Institute for Economic Research, Helsinki, Finland 1 The Basic Issues Wages have traditionally been agreed on collectively in Europe. The articles in this volume examine the current state of collective bargaining as well as the ch- lenges it is currently facing. The issues examined in these papers have a wide applicability to problems on the European labour markets. Torben M. Andersen and Steinar Holden review challenges from globalisation and inter-industry trade and the adaptation to a low-inflation environment. The other contributions are part of the project investigating collective bargaining in Finland, carried out by ETLA (the Research Institute of the Finnish Economy) and the Labour Institute for E- nomic Research. Some of them use results from a Finnish survey carried out by the two institutes ETLA and the Labour Institute on the views of employers and employees about labour relations and the labour market negotiation system. Bargaining systems are complex and their future development depends on their historical evolution, recent and past experiences, and the current situation in the labour market, as well as changes in the international environment. By examining the past functioning of the bargaining system one can observe how different e- ments in it have interacted with various factors in the environment of the system.

Wage Formation and the Macroeconomic Function of the Norwegian Labour Market

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Publisher :
ISBN 13 :
Total Pages : 312 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Wage Formation and the Macroeconomic Function of the Norwegian Labour Market by : Nils Martin Stølen

Download or read book Wage Formation and the Macroeconomic Function of the Norwegian Labour Market written by Nils Martin Stølen and published by . This book was released on 1995 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covers the period from 1970 to 1991.

Wage Formation and Macroeconomic Policy in the Nordic Countries

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Publisher :
ISBN 13 :
Total Pages : 102 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Wage Formation and Macroeconomic Policy in the Nordic Countries by : Lars Calmfors

Download or read book Wage Formation and Macroeconomic Policy in the Nordic Countries written by Lars Calmfors and published by . This book was released on 1989 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Wage Bargaining Structure in Norway and Sweden and its Influenceon Real Wage Developments

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Publisher : International Monetary Fund
ISBN 13 : 1451977050
Total Pages : 26 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis The Wage Bargaining Structure in Norway and Sweden and its Influenceon Real Wage Developments by : Mr.Alun H. Thomas

Download or read book The Wage Bargaining Structure in Norway and Sweden and its Influenceon Real Wage Developments written by Mr.Alun H. Thomas and published by International Monetary Fund. This book was released on 1998-12-01 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper investigates the determinants of wages in the tradables and service sectors in Norway and Sweden. Tradables wages are determined by their own productivity growth whereas service sector wages are influenced by wage growth in the tradables sector. The traditional strong sensitivity of the real wage to changes in the unemployment rate has been virtually eliminated since the recessionary period in the early 1990s in Sweden, and real wages have grown faster than macroeconomic factors alone would suggest. In contrast, real wages have become more sensitive to cyclical conditions in Norway and have grown less rapidly than macroeconomic factors indicate. These changes in the wage process have hindered the development of private sector employment in Sweden but have stimulated private sector employment in Norway.

Nordic Labour Market Models in Open Markets

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Publisher :
ISBN 13 : 9782874523250
Total Pages : 103 pages
Book Rating : 4.5/5 (232 download)

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Book Synopsis Nordic Labour Market Models in Open Markets by : Jon Erik Dølvik

Download or read book Nordic Labour Market Models in Open Markets written by Jon Erik Dølvik and published by . This book was released on 2014 with total page 103 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economics of Unemployment

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Publisher : Nova Publishers
ISBN 13 : 9781600211386
Total Pages : 248 pages
Book Rating : 4.2/5 (113 download)

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Book Synopsis Economics of Unemployment by : Mary I. Marshalle

Download or read book Economics of Unemployment written by Mary I. Marshalle and published by Nova Publishers. This book was released on 2006 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: The unemployment rate is the number of unemployed workers divided by the total civilian labour force, which includes both the unemployed and those with jobs (all those willing and able to work for pay). In practice, measuring the number of unemployed workers actually seeking work is notoriously difficult. There are several different methods for measuring the number of unemployed workers. Each method has its own biases and the different systems make comparing unemployment statistics between countries, especially those with different systems, difficult. This book brings together diverse new research on this important area of economics.

Sweden and the 'Third Way'

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Publisher : Routledge
ISBN 13 : 1351760491
Total Pages : 241 pages
Book Rating : 4.3/5 (517 download)

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Book Synopsis Sweden and the 'Third Way' by : Philip Whyman

Download or read book Sweden and the 'Third Way' written by Philip Whyman and published by Routledge. This book was released on 2018-02-06 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2003. The creation of a 'Third Way' between unfettered capitalism and old-style Keynesian-corporatist forms of social democracy has become the driving force behind the policy programmes of many left-of-centre political parties in the industrialised nations of the world today. Sweden and the 'Third Way' critically evaluates this 'new' social democracy by examining the profound shift in Swedish political economy from being the prototype old-style social democracy towards the 'Third Way' synthesis of neo-liberalism and elements of traditional social democracy. Philip Whyman evaluates internal and external challenges to Swedish macroeconomic policy - including globalisation, European integration, post-Fordist technological change and the relative empowerment of capital - to discover the extent to which national economic autonomy is constrained. Furthermore, he considers the plausibility of revising the core elements of the traditional 'Swedish Model' as an alternative to the prevailing macroeconomic platform.

Sweden

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Publisher : International Monetary Fund
ISBN 13 : 145183585X
Total Pages : 80 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Sweden by : International Monetary Fund

Download or read book Sweden written by International Monetary Fund and published by International Monetary Fund. This book was released on 1998-11-20 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper on Sweden reviews economic developments in Sweden during 1994–98. In 1994, the general government expenditure-to-GDP ratio stood at 70 percent, up from below 60 percent of GDP in the late 1990s; meanwhile, the revenue ratio was just under 60 percent of GDP, down from about 65 percent of GDP in the late 1980s. On the expenditure side, transfers to households accounted for 37 percent of general government expenditure in 1994, subsidies and other transfers to businesses 10 percent, consumption 39 percent, investment 4 percent, and interest payments 10 percent.

Tax Policy in the Nordic Countries

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Publisher : Springer
ISBN 13 : 1349138223
Total Pages : 247 pages
Book Rating : 4.3/5 (491 download)

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Book Synopsis Tax Policy in the Nordic Countries by : Peter Birch Sorensen

Download or read book Tax Policy in the Nordic Countries written by Peter Birch Sorensen and published by Springer. This book was released on 1998-03-30 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Nordic tax systems have recently undergone dramatic changes. Tax bases have been broadened, marginal tax rates have been cut, and the Nordic countries have abandoned the traditional income tax in favour of a 'dual' income tax combining progressive taxation of labour income with a low flat tax rate on capital income. Nordic governments have also experimented with new innovative methods of taxing business income. This book evaluates the Nordic tax reforms in the light of recent advances in the theory of taxation.

Globalization, Europeanization and the End of Scandinavian Social Democracy?

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Publisher : Springer
ISBN 13 : 0230371655
Total Pages : 265 pages
Book Rating : 4.2/5 (33 download)

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Book Synopsis Globalization, Europeanization and the End of Scandinavian Social Democracy? by : R. Geyer

Download or read book Globalization, Europeanization and the End of Scandinavian Social Democracy? written by R. Geyer and published by Springer. This book was released on 1999-11-10 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book attempts to explore the impact of globalization and Europeanization on the development of Scandinavian social democracy. It is divided into three main sections: economic policy, welfare state/social policy, and social democratic party strategies. Each section examines how globalization and Europeanization impacts on these central policy and strategy arenas. The book argues that despite the growing importance of global and European forces, the Scandinavian social democracies have managed to defend and maintain their particular social democratic development trajectories.

Macroeconomic Perspectives on the Danish Economy

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Publisher : Springer
ISBN 13 : 0230501036
Total Pages : 376 pages
Book Rating : 4.2/5 (35 download)

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Book Synopsis Macroeconomic Perspectives on the Danish Economy by : T. Andersen

Download or read book Macroeconomic Perspectives on the Danish Economy written by T. Andersen and published by Springer. This book was released on 1999-06-22 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: An authoritative and comprehensive guide to major economic policy issues in Denmark. Leading Danish and international economists discuss, in comparative context, the Danish economy's performance in the last 40 years, and assess the challenges which Denmark - in common with other small, open economies - faces in the global economy today. Major features include the continuing of academic analysis with policy-making experience and expertise, and the examination of topical issues including the impact of EMU on 'outsider' nations.

Testing Exogeneity

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Publisher :
ISBN 13 : 9780198774044
Total Pages : 436 pages
Book Rating : 4.7/5 (74 download)

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Book Synopsis Testing Exogeneity by : Neil R. Ericsson

Download or read book Testing Exogeneity written by Neil R. Ericsson and published by . This book was released on 1994 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the nature of exogeneity, a central concept in standard econometrics texts, and shows how to test for it through numerous substantive empirical examples from around the world, including the UK, Argentina, Denmark, Finland, and Norway. Part I defines terms and provides the necessary background; Part II contains applications to models of expenditure, money demand, inflation, wages and prices, and exchange rates; and Part III extends various tests of constancy and forecast accuracy, which are central to testing super exogeneity. About the Series Advanced Texts in Econometrics is a distinguished and rapidly expanding series in which leading econometricians assess recent developments in such areas as stochastic probability, panel and time series data analysis, modeling, and cointegration. In both hardback and affordable paperback, each volume explains the nature and applicability of a topic in greater depth than possible in introductory textbooks or single journal articles. Each definitive work is formatted to be as accessible and convenient for those who are not familiar with the detailed primary literature.

Neo-liberal Economic Policy

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Publisher : Edward Elgar Publishing
ISBN 13 : 9781845423322
Total Pages : 264 pages
Book Rating : 4.4/5 (233 download)

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Book Synopsis Neo-liberal Economic Policy by : Philip Arestis

Download or read book Neo-liberal Economic Policy written by Philip Arestis and published by Edward Elgar Publishing. This book was released on 2004-01-01 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: . . . this is a very good book. It is carefully argued and well presented, incorporating a wealth of information. Andrew Mearman, Economic Issues Over the past two decades there has been a prevailing shift in economic policy in many countries. This reflects the continuing rise of neo-liberalism the doctrine that economic policy should leave it to the market and that governments should retreat from market intervention. This book provides a balanced and comprehensive appraisal of these important policy developments. The authors examine the most notable trends in neo-liberal economic policy such as the withdrawal from the use of fiscal measures and the reliance on monetary policy. They discuss the neo-liberal view that the causes of unemployment lie in the operation of the labour market, in particular its inflexibility. They also assess the increasing inclination towards the liberalisation and deregulation of markets, most notably financial markets. In light of these developments, the authors investigate several specific areas including: an assessment of the theory of credibility financial fragility and the development process a reappraisal of the Rehn Meidner Model for Sweden the economic policy of the Spanish socialist governments the costs of neomonetarism in Brazil macroeconomic policies of the EMU. The contributors expertly illustrate the ways in which neo-liberal policies have been applied and implemented. They also seek to show the shortcomings of the neo-liberal approach and illustrate the different policy models available. As such, this volume will interest and inform academics, economists and policymakers looking for a detailed critique of recent developments in economic policy.

Monetary Policy and Macroeconomic Stabilization

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Publisher : Routledge
ISBN 13 : 1351504878
Total Pages : 214 pages
Book Rating : 4.3/5 (515 download)

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Book Synopsis Monetary Policy and Macroeconomic Stabilization by : Ole Roste

Download or read book Monetary Policy and Macroeconomic Stabilization written by Ole Roste and published by Routledge. This book was released on 2017-09-08 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a fundamental review and critique of activist economic policies, this book is a unique contribution to classical political economy. "Monetary Policy and Macroeconomic Stabilization" is about macroeconomic stabilization policy, with emphasis on the value of a distinct national monetary policy to growth. Ole Bjorn Roste's argument is for public officials to restrain themselves in the pursuit of policy. As the author notes: when you know less, you should do less.The history of modern macroeconomics started in 1936 with the publication of Keynes' "General Theory of Employment, Interest, and Money". The problems of the Great depression of the 1930s paved the way for a change of focus, from the long run to economic fluctuations in the short run, and from nominal to real variables, such as unemployment and aggregate output.Keynes offered clear policy implications in tune with the times. Because economic adjustment was slow, waiting for the economy to recover by itself was irresponsible. Particularly fiscal policy was essential to return to high employment. Monetary policy could affect aggregate demand through Interest rates, but was less important. Roste discusses the role of monetary policy, starting out with the implications of the theory of optimum currency areas (OCAs). This is followed by estimates of the output loss associated with disinflation policy (the sacrifice ratio) for six OECD economies. Further, Roste models the dynamic adjustment to negative, local labor-market shocks, with particular relevance to Scandinavia, in a final section.The idea that governments should pursue stabilizing fiscal or monetary policies with regard to real variables is often taken for granted by the public, if not by economists. Among the reasons for skepticism, is the presence of differing views on how economies really work, that the state of a given economy becomes known only after a time lag, and that economic agents react to policy and expectations of policy. For these reasons, the effects of policy are generally uncertain. This book explains why the role of history is critical to the study of macroeconomics.p>