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Author : Jan Lucassen Publisher : Peter Lang Group Ag, International Academic Publishers Page : 484 pages File Size : 49,5 Mb Release : 2007 Category : Business & Economics ISBN : STANFORD:36105124022083
The basic hypothesis of this volume is that currency patterns may tell us something about the spread of wage payments in specific societies in history. The book discusses the relationship between wages and currency, with reference to different countries and regions in Europe, Asia and South America over more than 2000 years.
Exchange Rates and Wages in an Integrated World by Ms.Prachi Mishra,Mr.Antonio Spilimbergo Pdf
We analyze how the pass-through from exchange rate to domestic wages depends on the degree of integration between domestic and foreign labor markets. Using data from 66 countries over the period 1981–2005, we find that the elasticity of domestic wages to real exchange rate is 0.1 after a year for countries with high barriers to external labor mobility, but about 0.4 in countries with low barriers to mobility. The results are robust to the inclusion of various controls, different measures of exchange rates, and concepts of labor market integration. These findings call for including labor mobility in macro models of external adjustment.
The basic hypothesis of this volume is that currency patterns may tell us something about the spread of wage payments in specific societies in history. The book discusses the relationship between wages and currency, with reference to different countries and regions in Europe, Asia and South America over more than 2000 years.
Money and Prices in Foreign Countries, Being a Series of Reports Upon the Currency Systems of Various Nations in Their Relation to Prices of Commodities and Wages of Labor by United States. Bureau of Foreign Commerce Pdf
The Decline of Traditional Sectors in Israel by Mr.Eric V. Clifton Pdf
This paper examines the role of exchange rate appreciation and the minimum wage in the relative decline of traditional sectors in Israel. It finds little evidence to indicate that real exchange rate appreciation is primarily responsible for this decline. Rather, the evidence indicates that slower productivity growth in traditional sectors has led to relatively larger increases in unit labor costs compared with high-tech sectors. Although the links are only indicative, the evidence also suggests that the minimum wage has played a role in the relatively faster growth in unit labor costs.
"Wage-Labour and Capital" was derived from Marx's lectures to the German Workmen's Club of Brussels in 1847, during a period of great political upheaval. The relationship between wage labor and capital is a central concept in Marx's political economy analysis. This book is essential for understanding the evolution of Marxist theory.
The General Theory of Employment, Interest, and Money by John Maynard Keynes Pdf
This book was originally published by Macmillan in 1936. It was voted the top Academic Book that Shaped Modern Britain by Academic Book Week (UK) in 2017, and in 2011 was placed on Time Magazine's top 100 non-fiction books written in English since 1923. Reissued with a fresh Introduction by the Nobel-prize winner Paul Krugman and a new Afterword by Keynes’ biographer Robert Skidelsky, this important work is made available to a new generation. The General Theory of Employment, Interest and Money transformed economics and changed the face of modern macroeconomics. Keynes’ argument is based on the idea that the level of employment is not determined by the price of labour, but by the spending of money. It gave way to an entirely new approach where employment, inflation and the market economy are concerned. Highly provocative at its time of publication, this book and Keynes’ theories continue to remain the subject of much support and praise, criticism and debate. Economists at any stage in their career will enjoy revisiting this treatise and observing the relevance of Keynes’ work in today’s contemporary climate.
The Currency Laws: Their Effect on the Profits of Trade and Wages of Labour (Classic Reprint) by Archibald Alison Pdf
Excerpt from The Currency Laws: Their Effect on the Profits of Trade and Wages of Labour That it does require thought, and that it is this that explains why we need never expect the whole community to be moved upon the Sn will and an amount of public opinion brought to bear upon it which. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Gold Prices and Wages (Routledge Revivals) by J. A. Hobson Pdf
First published in 1913, this Routledge Revivals title reissues J. A. Hobson’s seminal analysis of the causal link between the rise in gold prices and the increase in wages and consumer buying power in the early years of the Twentieth Century. Contrary to the assertions of some notable contemporary economists and businessmen, Hobson contended that the relationship between gold prices and wages (and the resulting social unrest across much of Europe) was in fact much more complex than it initially appeared and that there were significantly more important factors in the rise of contemporary wealth, such as the rapid enlargement of state enterprise and joint stock companies; a wide extension of banking and general financial apparatus; and the opening of profitable fields of investment for the development of underdeveloped countries, which helped raise the rate of interest and profits.
