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Employment, Wages, and Unionism in a Model of the Aggregate Labor Market in Britain

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NBER1989-07-01 更新2025-01-04 收录
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Two propositions figure prominently in explanations for Britain's comparatively low growth in employment: first, the wage-setting mechanism is insufficiently responsive to the growth of unemployment and, second, there exists a well-defined negative causal relationship from wages to employment with

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1989-07-01
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