A01=John Hudson
acceptance
Acceptance Curve
Acceptance Wage
Adaptive Expectations
Adaptive Expectations Hypothesis
advanced inflation modelling synthesis
Aspiration Wage
Author_John Hudson
Category=KCBM
Category=KCP
Competitive Wage
contract
curve
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Excess Demand
Expectation Formation
expectations in economics
Firing Workers
Hiring Market
Hiring Wage
implicit
Implicit Contract Theory
Incomes Policy
Inflation Series
macroeconomic theory
model
Net Revenue Contribution
Permanent Income
phillips
Phillips Curve
positive
Positive Role Model Positive Role
Rational Expectations Hypothesis
Real Net Earnings
regime switching analysis
role
Role Model Positive Role Model
search and matching theory
Target Real Wage
Target Wage
theory
unemployment dynamics
wage
wage bargaining models
Wage Inflation
Wage Offer
Product details
- ISBN 9781138653139
- Weight: 408g
- Dimensions: 156 x 234mm
- Publication Date: 13 Apr 2016
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Hardback
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Originally published in 1982, this book begins with a wide-ranging and critical review of both first and second generation theories of inflation (and the related problem of unemployment), including the classical approach to macroeconomics. The author systematically integrates search, implicit contract, expectations and wage-bargaining theeoriees to outline a new and original synthesis. This synthesis and switching regimes model is then rigorously examined to see how well it can explain inflation the US and the UK.
