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"The conventional wisdom that inflation and unemployment are unrelated in the long-run implies that these phenomena can be analysed by separate branches of economics. The macro literature tries to explain inflation dynamics and estimates the NAIRU. The labour macro literature tries to explain...
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reaction theory (CRT), should be used to jointly explain the evolution of inflation and unemployment. A further attraction of …
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reaction theory (CRT), should be used to jointly explain the evolution of inflation and unemployment. A further attraction of …
Persistent link: https://www.econbiz.de/10013317465
The paper analyzes the contemporary organizational restructuring of production and work within firms. We emphasize the shift from a "Tayloristic" organization of work (characterized by significant specialization by tasks) to a "holistic" organization (featuring job rotation, integration of tasks...
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The paper analyzes the contemporary organizational restructuring of production and work within firms. We emphasize the shift from a "Tayloristicʺ organization of work (characterized by significant specialization by tasks) to a "holisticʺ organization (featuring job rotation, integration of...
Persistent link: https://www.econbiz.de/10001370883