Cover: Why Wages Don't Fall during a Recession, from Harvard University PressCover: Why Wages Don't Fall during a Recession in PAPERBACK

Why Wages Don't Fall during a Recession

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Product Details

PAPERBACK

$43.50 • £34.95 • €39.00

ISBN 9780674009431

Publication Date: 09/30/2002

Short

544 pages

24 line illustrations, 104 tables

World

  • Acknowledgments
  • 1. Introduction
  • 2. Methods
  • 3. Time and Location
  • 4. Morale
  • 5. Company Risk Aversion
  • 6. Internal Pay Structure
  • 7. External Pay Structure
  • 8. The Shirking Theory
  • 9. The Pay of New Hires in the Primary Sector
  • 10. Raises
  • 11. Resistance to Pay Reduction
  • 12. Experiences with Pay Reduction
  • 13. Layoffs
  • 14. Severance Benefits
  • 15. Hiring
  • 16. Voluntary Turnover
  • 17. The Secondary Sector
  • 18. The Unemployed
  • 19. Information, Wage Rigidity, and Labor Negotiations
  • 20. Existing Theories
  • 21. Remarks on Theory
  • 22. Whereto from Here?
  • Notes
  • References
  • Index

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