Wage determination and incomes policy in open economies
- Washington, DC : International Monetary Fund, 1986
- 380 p.
- A survey of the use of incomes policy since world war II 1. What incomes policy is and when it has been used 2. Incomes policy under full employment polices and fixed exchange rates 3. Incomes policy after the infaltionary crisis of 1973 - The scope for incomes policy in theory and practice 1. Incomes policy under fixed exchange rates in the 1960s 2. The changed context for incomes policy in the 1970s 3. Incomes policy and economic theory 4. Demand expansion, inflation, and real output growth under imperfect competition 5. Indexation of wages: A monetarist prescription - Wage bargaining institutions, incomes policy, and demand monagement since the 1960s 1. Case studies of four large economies 2. Case studies of three small economies - On the nature of price and wage determination in open industrial economies