Trade Unions, Wage Formation and Macroeconomic Stability

Front Matter....Pages i-vii
Trade Unions, Wage Formation and Macroeconomic Stability—An Introduction....Pages 1-17
The Economic Theory of Trade Unions: An Introductory Survey....Pages 18-51
Comment on A. Oswald, “The Economic Theory of Trade Unions—An Introductory Survey”....Pages 52-54
Wages and Employment under Trade Unionism: Microeconomic Models and Macroeconomic Applications....Pages 55-83
Comment on J. Pencavel, “ Wages and Employment under Trade Unionism: Microeconomic Models and Macroeconomic Applications”....Pages 84-91
Classical Unemployment, Accommodation Policies and the Adjustment of Real Wages....Pages 92-119
Comment on L. Calmfors and H. Horn, “Classical Unemployment, Accommodation Policies and the Adjustment of Real Wages”....Pages 120-127
Workers versus Government—Who Adjusts to Whom?....Pages 128-150
Comment on T. Hersoug, “Workers vs. Government—Who Adjusts to Whom?”....Pages 151-157
Macroeconomic Stabilization Policy and Trade Union Behaviour as a Repeated Game....Pages 158-184
Comment on E. J. Driffill, “Macroeconomic Stabilization Policy and Trade Union Behavior as a Repeated Game”....Pages 185-192
Union Militancy, External Shocks and the Accommodation Dilemma....Pages 193-209
Comment on H. Tson Söderström,“Union Militancy, External Shocks and the Accommodation Dilemma”....Pages 210-214
Counterinflationary Policy in a Unionised Economy with Nonsynchronised Wage Setting....Pages 215-236
Comment on R. Jackman, “Counterinflationary Policy in a Unionised Economy with Nonsynchronized Wage Setting”....Pages 237-243
Dynamics of Unemployment, Vacancies and Real Wages with Trade Unions....Pages 244-261
Comment on C. Pissarides, “Dynamics of Unemployment, Vacancies and Real Wages with Trade Unions”....Pages 262-268
Insiders and Outsiders in Wage Determination....Pages 269-286
Comment on Robert M. Solow, “Insiders and Outsiders in Wage Determination”....Pages 287-293
Wage Gaps, Factor Shares and Real Wages....Pages 294-317
Comment on J. McCallum, “Wage Gaps, Factor Shares and Real Wages”....Pages 318-320