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Palgrave Macmillan

Wage-Led Growth

An Equitable Strategy for Economic Recovery

  • Book
  • © 2013

Overview

Editors:
  1. Marc Lavoie

    1. Department of Economics, University of Ottawa, Canada

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    You can also search for this editor in PubMed   Google Scholar

  2. Engelbert Stockhammer

    1. Kingston University, UK

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    You can also search for this editor in PubMed   Google Scholar

Part of the book series: Advances in Labour Studies (AILS)

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Table of contents (7 chapters)

  1. Front Matter

    Pages i-xiv
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  2. Introduction

    • Marc Lavoie, Engelbert Stockhammer
    Pages 1-12

  3. Wage-led Growth: Concept, Theories and Policies

    • Marc Lavoie, Engelbert Stockhammer
    Pages 13-39

  4. Why Have Wage Shares Fallen? An Analysis of the Determinants of Functional Income Distribution

    • Engelbert Stockhammer
    Pages 40-70

  5. Is Aggregate Demand Wage-led or Profit-led? A Global Model

    • Özlem Onaran, Giorgos Galanis
    Pages 71-99

  6. Wage-led or Profit-led Supply: Wages, Productivity and Investment

    • Servaas Storm, C. W. M. Naastepad
    Pages 100-124

  7. The Role of Income Inequality as a Cause of the Great Recession and Global Imbalances

    • Simon Sturn, Till van Treeck
    Pages 125-152

  8. Financialization, the Financial and Economic Crisis, and the Requirements and Potentials for Wage-led Recovery

    • Eckhard Hein, Matthias Mundt
    Pages 153-186

  9. Back Matter

    Pages 187-193
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Keywords

About this book

This volume seeks to go beyond the microeconomic view of wages as a cost having negative consequences on a given firm, to consider the positive macroeconomic dynamics associated with wages as a major component of aggregate demand.

Editors and Affiliations

  • Department of Economics, University of Ottawa, Canada

    Marc Lavoie

  • Kingston University, UK

    Engelbert Stockhammer

About the editors

Giorgos Galanis, New Economics Foundation, UK Eckhard Hein, Berlin School of Economics and Law, Germany Marc Lavoie, University of Ottawa, Canada Matthias Mundt, Berlin School of Economics and Law, Germany C.W.M. (Ro) Naastepad, Delft University of Technology, The Netherlands Özlem Onaran, University of Greenwich, UK Engelbert Stockhammer, Kingston University, UK Servaas Storm, Delft University of Technology, The Netherlands Simon Sturn, University of Massachusetts in Amherst, USA Till van Treeck, University of Duisburg-Essen, Germany.

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