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Lieferstatus:	i.d.R. innert 7-14 Tagen versandfertig
Veröffentlichung:	November 2019
Genre:	Wirtschaft / Recht
	B / Economic Theory / Economic theory & philosophy / Economic Theory/Quantitative Economics/Mathematical Methods / Economics and Finance / Labor and Population Economics / Labor Economics / Labour Economics / macroeconomics / Macroeconomics and Monetary Economics / Macroeconomics/Monetary Economics//Financial Economics / Management science / Monetary Economics / Quantitative Economics
ISBN:	9783319978277
EAN-Code:	9783319978277
Verlag:	Springer International Publishing
Einband:	Kartoniert
Sprache:	English
Serie:	#689 - Lecture Notes in Economics and Mathematical Systems
Dimensionen:	H 235 mm / B 155 mm / D 10 mm
Gewicht:	260 gr
Seiten:	164
Zus. Info:	Paperback
Bewertung:	Titel bewerten / Meinung schreiben

Inhalt:

This book addresses collective bargaining in an intertemporal monetary macroeconomy of the aggregate supply-aggregate demand (AS-AD) type with overlapping generations of consumers and with a public sector. The results are presented in a unified framework with a commodity market that clears competitively. By analyzing the implications of three variants of collective bargaining - efficient bargaining in a uniform and a segmented labor market and "right-to-manage" wage bargaining - it identifies the quantity of money, price expectations, union power, and union size as the determinants of temporary equilibria. In the three scenarios, it characterizes and compares the temporary equilibria using both analytical and numerical techniques, with an emphasis on allocations, welfare, and efficiency. It also discusses the dynamic evolution under rational expectations and its steady states in nominal and real terms. Lastly, it demonstrates conditions for stability regarding a balanced monetaryexpansion of the economy.