Essays on Wage Bargaining in Dynamic Macroeconomics
This book addresses collective bargaining in an intertemporal monetary macroeconomy of the aggregate supply–aggregate demand (AS–AD) type with overlapping generations of consumers and with a public sector. The results are presented in a unified framework
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Oliver Claas
Essays on Wage Bargaining in Dynamic Macroeconomics
Lecture Notes in Economics and Mathematical Systems Founding Editors M. Beckmann H.P. K¨unzi Editors-in-Chief Prof. Dr. G. Fandel Faculty of Economics University of Hagen Hagen, Germany Prof. Dr. W. Trockel Murat Sertel Institute for Advanced Economic Research Istanbul Bilgi University Istanbul, Turkey and Institute of Mathematical Economics (IMW) Bielefeld University Bielefeld, Germany Editorial Board H. Dawid, D. Dimitrov, A. Gerber, C.-J. Haake, C. Hofmann, T. Pfeiffer, R. Slowi´nski, W.H.M. Zijm
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More information about this series at http://www.springer.com/series/300
Oliver Claas
Essays on Wage Bargaining in Dynamic Macroeconomics
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Oliver Claas Center for Mathematical Economics Bielefeld University Bielefeld, Germany
ISSN 0075-8442 ISSN 2196-9957 (electronic) Lecture Notes in Economics and Mathematical Systems ISBN 978-3-319-97827-7 ISBN 978-3-319-97828-4 (eBook) https://doi.org/10.1007/978-3-319-97828-4 © Springer Nature Switzerland AG 2019 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors, and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Springer imprint is published by the registered company Springer Nature Switzerland AG. The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
Preface
This monograph is in essence my Ph.D. dissertation successfully defended on October 27, 2017, at the Department of Economics at Bielefeld University, Germany. The origins of this work go back to Volker Böhm’s lecture series on macroeconomic theory, which I attended during my M.Sc. in Bielefeld. I subsequently wrote my M.Sc. thesis (Diplomarbeit) in this field, which encouraged me to pursue a Ph.D. in economic theory. My thesis integrated collective bargaining into a macroeconomic model of the same type as I investigate in this book, but with an emphasis on disequilibrium dynamics. It is my M.Sc. thesis that marks t
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