We examine how much of the observed wage dispersion among similar workers can be explained as a consequence of a lack …

This book focuses on general theory of price. Price, wage, interest rate, GNP and exchange rate, five factors, are very … political life directly, a functional value, price and wage described by a relatively abstract mathematic sum in place of amount … in their country or region and to analyze the relationship of growth and decline among price, wage, interest rate and GNP …

Putting the theory of price system on the relationship among price, wage, labor time, interest rate and GNP (or GDP … finances, low interest rates, incentives for growth, investment and employment. Two formulas are very simple, practical and …

employment and growth cannot unambiguously be derived from modern labour market theory and are at least partially at odds with … explanation focusing on the combined effects of restrictive and pro-cyclical monetary, fiscal and wage policies in Germany that is …