4 results for "Economics"

Efficiency wage models of the labor market

George A. Akerlof,Janet L. Yellen
One of the more troubling aspects of the ferment in macroeconomics that followed the demise of the Keynesian dominance in the late 1960s has been the inability of many of the new ideas to account for unemployment remains unexplained because equilibrium in most economic models occurs with supply equal to demand: if this equality holds in the labor market, there is no involuntary unemployment. Efficiency Wage Models of the Labor Market explores the reasons why there are labor market equilibria with employers preferring to pay wages in excess of the market-clearing wage and thereby explains involuntary unemployment. This volume brings together a number of the important articles on efficiency wage theory. The collection is preceded by a strong, integrative introduction, written by the editors, in which the hypothesis is set out and the variations, as described in subsequent chapters, are discussed.
Cambridge University Press 1986-10-31 178 pages

Heroic defeats: the politics of job loss

Golden, Miriam
Heroic Defeats is a comparative investigation of how unions and firms interact when economic circumstances require substantial job loss. Using simple game theory to generate testable propositions about when these situations will result in industrial conflict, Professor Golden illustrates the theory in a range of situations between 1950 and 1985 in Japan, Italy, and Britain. Additionally, the author shows how the theory explains why strikes over job loss almost never occur in postwar unionized firms in the United States.
Cambridge University Press 1997 195 pages

The American Federationist

SAMUEL. GOMPERS,John McBride,William Green
"The American Federationist, Volume 18" offers a comprehensive look into the activities and perspectives of the American Federation of Labor (AFL) during a pivotal period in American labor history. Featuring contributions from prominent figures such as Samuel Gompers, John McBride, and William Green, this volume provides invaluable insights into the key issues, debates, and strategies that shaped the labor movement in the early 20th century. Readers will find detailed coverage of topics ranging from workers' rights and wages to union organizing and legislative advocacy. The writings and reports included in this volume reflect the AFL's commitment to advancing the interests of American workers and promoting social and economic justice. This historical record serves as an essential resource for scholars, students, and anyone interested in understanding the evolution of labor relations in the United States. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Creative Media Partners, LLC 2025-05-22 536 pages