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Introduction -- Democratic theory -- Evolution of wage policy -- Post New Deal Era and the demise of wage policy -- New living wage movement -- Wage policy for the middle class -- Wage policy and the path towards democracy
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With the abolition of exchange rates the role of wage formation in the European Monetary Union changes fundamentally and national economic policy in particular fiscal policy faces new restrictions. These are analysed in the first two chapters. A major impact is expected for wage formation. To...
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