Wage Policy and Full Employment

Valentin F. Wagner
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Valentin F. Wagner: University of Basel

Chapter Chapter 6 in The Theory of Wage Determination, 1957, pp 79-90 from Palgrave Macmillan

Abstract: Abstract A fundamental problem in the theory of employment is whether inflation is inevitable under full employment and whether there is any definite theoretical and practical criterion for judging where the borderline of inflation lies. An associated question is whether wages can be kept stable under full employment and what measures are appropriate in the field of wage policy.

Keywords: Real Wage; Wage Increase; Full Employment; Inflationary Pressure; Price Control (search for similar items in EconPapers)
Date: 1957
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-15205-6_6

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DOI: 10.1007/978-1-349-15205-6_6

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