The Rate of Growth of Real Wages and the Role of the State in the Economy

Antonio Sacristán Colás
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Antonio Sacristán Colás: Cide

Chapter 15 in Public and Private Enterprise in a Mixed Economy, 1980, pp 273-283 from Palgrave Macmillan

Abstract: Abstract The distinguished gathering present at this Conference will not miss the implications of the title of this paper. Stability in economic growth basically depends upon the stability of the growth of real wages in relation to the growth of output; therefore, the essential role of the state in economic life must be to ensure this stability.

Keywords: Interest Rate; Real Wage; Capital Accumulation; Technical Progress; Relative Prex (search for similar items in EconPapers)
Date: 1980
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-16394-6_29

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DOI: 10.1007/978-1-349-16394-6_29

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