Skip to main content
SpringerLink
Log in

Wages, Regime Switching, and Cycles

  • Book
  • © 1992

Overview

Authors:
  1. Piero Ferri

    1. University of Bergamo, Bergamo, Italy

    View author publications

    You can also search for this author in PubMed   Google Scholar

  2. Edward Greenberg

    1. Department of Economics, Washington University, St. Louis, USA

    View author publications

    You can also search for this author in PubMed   Google Scholar

This is a preview of subscription content, log in via an institution to check access.

Access this book

Log in via an institution
eBook USD 84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

Licence this eBook for your library

Institutional subscriptions

Table of contents (11 chapters)

  1. Front Matter

    Pages i-xii
    Download chapter PDF

  2. Introduction

    1. Front Matter

      Pages 1-1
      Download chapter PDF

    2. An Overall View

      • Piero Ferri, Edward Greenberg
      Pages 3-13

  3. The Business Cycle

    1. Front Matter

      Pages 15-15
      Download chapter PDF

    2. Basic Concepts in the Theory of Cycles

      • Piero Ferri, Edward Greenberg
      Pages 17-29

    3. Microfounded Exogenous Explanations

      • Piero Ferri, Edward Greenberg
      Pages 31-46

    4. Nonlinear Deterministic Theories

      • Piero Ferri, Edward Greenberg
      Pages 47-64

  4. Wages and Prices

    1. Front Matter

      Pages 65-65
      Download chapter PDF

    2. The Dynamic Role of Wages and Prices

      • Piero Ferri, Edward Greenberg
      Pages 67-79

    3. The Phillips Curve Debate

      • Piero Ferri, Edward Greenberg
      Pages 81-96

    4. Microfoundations of Labor Market Modeling

      • Piero Ferri, Edward Greenberg
      Pages 97-113

  5. Regime Switching

    1. Front Matter

      Pages 115-115
      Download chapter PDF

    2. The Economics of Regime Switching

      • Piero Ferri, Edward Greenberg
      Pages 117-128

    3. Regime Switching and the Wage-Price Spiral

      • Piero Ferri, Edward Greenberg
      Pages 129-141

    4. Inflation and Real Wages

      • Piero Ferri, Edward Greenberg
      Pages 143-156

  6. Concluding Remarks

    1. Front Matter

      Pages 157-157
      Download chapter PDF

    2. An Assessment

      • Piero Ferri, Edward Greenberg
      Pages 159-171
Back to top

Keywords

About this book

The initial purposes of this book were to update and extend the discussion and the results presented ill our previous book, The Labor Market and Business Cycle Theories. Our 1990 article, which appeared in The Journal of Economic Behavior and Organization, represented a first step in this direction. The consequences of this effort have materialized in a number of new chapters that has led de facto to a new book, in which the surviving parts have been largely revised. The 1989 book was too mathematically oriented for many Keynesians and post­ Keynesians to be fully appreciated and insufficiently microfounded for both new­ classicals and new-Keynesians to be warmly accepted, yet we received positive and encouraging comments, and it was sold out very quickly. It was an attempt to dis­ cuss dynamics in Keynesian terms, based on a double assumption that maintains its validity-that both economic facts and analytical and methodological innova­ tions had contributed to a renewed interest in business cycles, which over time has had its "ups and downs." Since then, many more articles and books have appeared, stressing in particular the role of microfoundations and of nonlinearities in shaping business cycle theory.

Authors and Affiliations

  • University of Bergamo, Bergamo, Italy

    Piero Ferri

  • Department of Economics, Washington University, St. Louis, USA

    Edward Greenberg

Bibliographic Information

  • Book Title: Wages, Regime Switching, and Cycles

  • Authors: Piero Ferri, Edward Greenberg

  • DOI: https://doi.org/10.1007/978-3-642-77241-2

  • Publisher: Springer Berlin, Heidelberg

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer-Verlag Berlin · Heidelberg 1992

  • Softcover ISBN: 978-3-642-77243-6Published: 16 December 2011

  • eBook ISBN: 978-3-642-77241-2Published: 06 December 2012

  • Edition Number: 2

  • Number of Pages: XII, 171

  • Additional Information: Originally published as volume 325 in the series: Lecture Notes in Economics and Mathematical Systems in 1989

  • Topics: Economic Theory/Quantitative Economics/Mathematical Methods, Population Economics

Publish with us

Policies and ethics

Back to top

Search

Navigation