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Inflation and Labour Market Adjustment

The UK Experience

Datos Bibliográficos

ID9722907
AutoresKevin Lee (0000-0001-6334-3383, autor de correspondencia)
Año1988
Volumen55
Número219
Páginas409
Fecha de publicación1988-08-01
Peer ReviewedSí
Open AccessNo
TipoARTICLE
RevistaEconomica (JOURNAL)
Identificadores de la revistaISSN: 0013-0427 • E-ISSN: 1468-0335
EditorialJSTOR (PUBLISHER)
DOI10.2307/2554018
OpenAlexW2069031447
IdiomaEN
Citas recibidas1
Referencias citadas2

In this paper, the author considers a proposed method for testing for the presence of "Keynesian" rigidities in the wage adjustment process, but illustrates that, if any other factors exist that may cause noninstantaneous wage adjustment, then this method cannot be applied. Further, he presents evidence that, for the United Kingdom at least, a wage-setting process that allows for these factors will provide a reasonable explanation of the influence of inflation on labor-market adjustment over the period 1963-79. Copyright 1988 by The London School of Economics and Political Science

Economics · Inflation (cosmology) · Keynesian economics · Labour economics · Macroeconomics · Political process · Politics · Wage · Economic Theory and Policy · Fiscal Policy and Economic Growth · Law · Monetary Policy and Economic Impact

  • Formation of Price and Cost Inflation Expectations in British Manufacturing Industries

    Kevin Lee, Kevin C Lee•The Economic Journal•1994

  • Incomes Policy and Wage Differentials

    Orley Ashenfelter, Richard Layard•Economica•1983

  • The Impact of Controls on Wage Contract Duration

    Louis N Christofides•The Economic Journal•1985

Obras citantes distintas1
Citas por año0,03
Intervalo de citas1994 - 1994 (1)
Velocidad de citaciónhistorical
Altamente citadoNo
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