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Why Wages Don't Fall During a Recession - Truman F. Bewley
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Truman F. Bewley:
Why Wages Don't Fall During a Recession - Taschenbuch

ISBN: 0674009436

[SR: 163010], Taschenbuch, [EAN: 9780674009431], Harvard University Press, Harvard University Press, Book, [PU: Harvard University Press], Harvard University Press, A deep question in economics is why wages and salaries don't fall during recessions. this is not true of other prices, which adjust relatively quickly to reflect changes in demand and supply. Although economists have posited many theories to account for wage rigidity, none is satisfactory. eschewing "top-down" theorizing, the author explored the puzzle by interviewing - during the recession of the early 1990s - over 300 business executives and labour leaders as well as professional recruiters and advisors to the unemployed. By taking this approach, gaining the confidence of his interlocutors and asking them detailed questions in a nonstructured way, he was able to uncover empirically the circumstances that give rise to wage rigidity. He found that the executives were averse to cutting wages of either current employees or new hires, even during the economic downturn when demand for their products fell sharply. They believed that cutting wages would hurt morale, which they felt was critical in gaining the cooperation of their employees, and in convincing them to internalize the managers' objectives for the company. Bewley's findings contradict most theories of wage rigidity and provide fascinating insights into the problems businesses face that prevent labour markets from clearing., 58212011, Makroökonomie, 58202011, Wirtschaftswissenschaften, 58173011, Business, Karriere & Geld, 54071011, Genres, 52044011, Fremdsprachige Bücher, 58354011, Kleinunternehmen & Unternehmertum, 58250011, Buchhaltung, 1322125031, Franchises, 54539011, Geschäftsführung & Unternehmertum, 58358011, Heimarbeit, 1322128031, Kapitalaufnahme, 356096011, Marketing, 356097011, Online-Auktionen, 1322126031, Rechtsführer, 58361011, Start-Ups & Unternehmensgründung, 356094011, Unternehmensplanung, 1322127031, Versandhandel, 58173011, Business, Karriere & Geld, 54071011, Genres, 52044011, Fremdsprachige Bücher

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Why Wages Don't Fall During A Recession
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Why Wages Don't Fall During A Recession - neues Buch

ISBN: 9780674009431

ID: 17072967

A deep question in economics is why wages and salaries don't fall during recessions. this is not true of other prices, which adjust relatively quickly to reflect changes in demand and supply. Although economists have posited many theories to account for wage rigidity, none is satisfactory. eschewing "top-down" theorizing, the author explored the puzzle by interviewing - during the recession of. A deep question in economics is why wages and salaries don't fall during recessions. this is not true of other prices, which adjust relatively quickly to reflect changes in demand and supply. Although economists have posited many theories to account for wage rigidity, none is satisfactory. eschewing "top-down" theorizing, the author explored the puzzle by interviewing - during the recession of the early 1990s - over 300 business executives and labour leaders as well as professional recruiters and advisors to the unemployed. By taking this approach, gaining the confidence of his interlocutors and asking them detailed questions in a nonstructured way, he was able to uncover empirically the circumstances that give rise to wage rigidity. He found that the executives were averse to cutting wages of either current employees or new hires, even during the economic downturn when demand for their products fell sharply. They believed that cutting wages would hurt morale, which they felt was critical in gaining the cooperation of their employees, and in convincing them to internalize the managers' objectives for the company. Bewley's findings contradict most theories of wage rigidity and provide fascinating insights into the problems businesses face that prevent labour markets from clearing. Books, Business, Finance and Law~~Economics~~Labour Economics, Why Wages Don't Fall During A Recession~~Book~~9780674009431~~Truman F. Bewley, , , , , , , , , ,, [PU: Harvard University Press]

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Why Wages Don't Fall during a Recession - Truman F. Bewley
Vergriffenes Buch, derzeit bei uns nicht verfügbar.
(*)
Truman F. Bewley:
Why Wages Don't Fall during a Recession - Taschenbuch

2002, ISBN: 0674009436

[SR: 1592110], Paperback, [EAN: 9780674009431], Harvard University Press, Harvard University Press, Book, [PU: Harvard University Press], 2002-07-30, Harvard University Press, A deep question in economics is why wages and salaries don't fall during recessions. This is not true of other prices, which adjust relatively quickly to reflect changes in demand and supply. Although economists have posited many theories to account for wage rigidity, none is satisfactory. Eschewing "top-down" theorizing, Truman Bewley explored the puzzle by interviewing―during the recession of the early 1990s―over three hundred business executives and labor leaders as well as professional recruiters and advisors to the unemployed. By taking this approach, gaining the confidence of his interlocutors and asking them detailed questions in a nonstructured way, he was able to uncover empirically the circumstances that give rise to wage rigidity. He found that the executives were averse to cutting wages of either current employees or new hires, even during the economic downturn when demand for their products fell sharply. They believed that cutting wages would hurt morale, which they felt was critical in gaining the cooperation of their employees and in convincing them to internalize the managers' objectives for the company. Bewley's findings contradict most theories of wage rigidity and provide fascinating insights into the problems businesses face that prevent labor markets from clear, 2596, Macroeconomics, 2581, Economics, 3, Business & Money, 1000, Subjects, 283155, Books

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Why Wages Don´t Fall During a Recession - Truman F. Bewley
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Why Wages Don´t Fall During a Recession - neues Buch

ISBN: 9780674009431

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A deep question in economics is why wages and salaries don´t fall during recessions. Although economists have posited many theories to account for wage rigidity, none is satisfactory. During the recession of the early 1990s, Truman Bewley explored the puzzle by interviewing over three hundred business executives and labor leaders as well as professional recruiters and advisors to the unemployed. Bewley´s findings contradict most theories of wage rigidity and provide fascinating insights into the problems businesses face that prevent labor markets from clearing. ´´Truman Bewley is one of the leading mathematical economists of his generation ... He reports the results of more than three hundred interviews ... [that] produce a clear answer to the conundrum with which he started; and in the process also provide a number of important lessons about economics and human motivation.´´ -New Republic Why Wages Don´t Fall During a Recession Buch (fremdspr.) Bücher>Fremdsprachige Bücher>Englische Bücher, Harvard University Press

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Why Wages Don't Fall During a Recession - Truman F. Bewley
Vergriffenes Buch, derzeit bei uns nicht verfügbar.
(*)
Truman F. Bewley:
Why Wages Don't Fall During a Recession - Taschenbuch

ISBN: 9780674009431

Paperback, [PU: HARVARD UNIVERSITY PRESS], A question in economics is why, unlike other prices, wages and salaries don't fall during recessions? The author explored the puzzle by interviewing - during the recession of the early 1990s - over 300 business executives and labour leaders as well as professional recruiters., Labour Economics, Labour Economics

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Details zum Buch
Why Wages Don't Fall During a Recession

A deep question in economics is why wages and salaries don't fall during recessions. Although economists have posited many theories to account for wage rigidity, none is satisfactory. During the recession of the early 1990s, Truman Bewley explored the puzzle by interviewing over three hundred business executives and labor leaders as well as professional recruiters and advisors to the unemployed. Bewley's findings contradict most theories of wage rigidity and provide fascinating insights into the problems businesses face that prevent labor markets from clearing. "Truman Bewley is one of the leading mathematical economists of his generation ... He reports the results of more than three hundred interviews ... [that] produce a clear answer to the conundrum with which he started; and in the process also provide a number of important lessons about economics and human motivation." -New Republic

Detailangaben zum Buch - Why Wages Don't Fall During a Recession


EAN (ISBN-13): 9780674009431
ISBN (ISBN-10): 0674009436
Taschenbuch
Erscheinungsjahr: 2002
Herausgeber: HARVARD UNIV PR
544 Seiten
Gewicht: 0,703 kg
Sprache: eng/Englisch

Buch in der Datenbank seit 18.10.2007 16:45:49
Buch zuletzt gefunden am 27.07.2017 13:42:35
ISBN/EAN: 9780674009431

ISBN - alternative Schreibweisen:
0-674-00943-6, 978-0-674-00943-1


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