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Cover image for book Wage-Led Growth

Wage-Led Growth

An Equitable Strategy for Economic Recovery
By:Engelbert Stockhammer
Publisher:Springer Nature
Print ISBN:9781349470921
eText ISBN:9781137357939
Edition:0
Copyright:2013
Format:Reflowable

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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.