Journal ArticleDOI
Wage Adjustment, Productivity and Price Change Expectations
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This article is published in The Review of Economic Studies.The article was published on 1972-01-01. It has received 36 citations till now. The article focuses on the topics: Efficiency wage & Wage.read more
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Book ChapterDOI
Inflation: A Survey
David Laidler,J. M. Parkin +1 more
Abstract: Inflation is a process of continuously rising prices, or equivalently, of a continuously falling value of money Its importance stems from the pervasive role played by money in a modern economy A continuously falling value of pins, or of refrigerators, or of potatoes would not be regarded as a major social problem, important though it might be for the people directly engaged in the production and sale of those goods The case of money is different precisely because the role that it plays in co-ordinating economic activity ensures that changes in its value over time impinge upon the well-being of everyone
Journal ArticleDOI
Interregional economic migration: some theoretical considerations (part ii)
Journal ArticleDOI
A Microeconometric Analysis of the Canadian Wage Determination Process
TL;DR: In this paper, the authors analyse the Canadian wage determination process using micro-data derived from individual union wage contracts, signed during the 1966-1975 time period, and pay attention to the changing structure of the Canadian labour market and to the possible impact of the 1971 Unemployment Insurance Act (UIA) revision on Canadian wage inflation.
Journal ArticleDOI
On the Role of Inflationary Expectations in a Short-Run Macro-Economic Model
Dissertation
The costs and benefits of Central banking : Modern monetary economics along a methodological dividing line
TL;DR: In this article, the authors analyse the effect of monetary expansion on the cycle of the economy and the redistribution of la richesse, and propose an alternative explanation alternative of the stagflation basee sur le processus de l'intervention politique en reponse a ces consequences inattendues.