Money Wage Rigidity in an Economy with Rational Trade Unions

2018 ◽  
pp. 61-76
Author(s):  
Richard Jackman
2006 ◽  
Vol 51 (03) ◽  
pp. 365-394 ◽  
Author(s):  
CARL CHIARELLA ◽  
PETER FLASCHEL ◽  
HING HUNG

In this paper, we develop a model of business cycle fluctuations between two interacting open economies within the disequilibrium or non-market clearing paradigm. We analyze the main feedback mechanisms (Keynes, Mundell, Rose and Dornbusch) driving the dynamics and the conflict between their stabilizing and destabilizing tendencies and how these depend on certain key speeds of adjustment in the real and foreign exchange sectors. We explore numerically a variety of situations of interacting price cycles in the two countries, where the steady state is locally repelling, but where the overall dynamics are bounded in an economically meaningful domain by assuming downward money wage rigidity.


2015 ◽  
Vol 35 (2) ◽  
pp. 211-239 ◽  
Author(s):  
Mark Gilfillan

Despite the weaknesses of domestic fascist movements, in the context of the rise of Nazi Germany and the presence of antisemitic propaganda of diverse origin Edinburgh's Jewish leaders took the threat seriously. Their response to the fascist threat was influenced by the fact that Edinburgh's Jewish community was a small, integrated, and middle-class population, without links to leftist groups or trade unions. The Edinburgh community closely followed the approach of the Board of Deputies of British Jews in relation to the development of fascism in Britain, the most significant aspect of which was a counter-propaganda initiative. Another important aspect of the response in Edinburgh was the deliberate cultivation of closer ties to the Christian churches and other elite spheres of Scottish society. Despite some unique elements, none of the responses of Edinburgh Jewry, or indeed the Board of Deputies, were particularly novel, and all borrowed heavily from established traditions of post-emancipation Jewish defensive strategies.


1958 ◽  
Vol 27 (3) ◽  
pp. 41-45
Author(s):  
Ralph James
Keyword(s):  

1988 ◽  
Vol 17 (2) ◽  
pp. 194-197
Author(s):  
Paul Cossali
Keyword(s):  

Author(s):  
Jonathan Laurence

This book traces how governments across Western Europe have responded to the growing presence of Muslim immigrants in their countries over the past fifty years. Drawing on hundreds of in-depth interviews with government officials and religious leaders in France, Germany, Italy, the Netherlands, the United Kingdom, Morocco, and Turkey, the book challenges the widespread notion that Europe's Muslim minorities represent a threat to liberal democracy. The book documents how European governments in the 1970s and 1980s excluded Islam from domestic institutions, instead inviting foreign powers like Saudi Arabia, Algeria, and Turkey to oversee the practice of Islam among immigrants in European host societies. But since the 1990s, amid rising integration problems and fears about terrorism, governments have aggressively stepped up efforts to reach out to their Muslim communities and incorporate them into the institutional, political, and cultural fabrics of European democracy. The book places these efforts—particularly the government-led creation of Islamic councils—within a broader theoretical context and gleans insights from government interactions with groups such as trade unions and Jewish communities at previous critical junctures in European state-building. By examining how state–mosque relations in Europe are linked to the ongoing struggle for religious and political authority in the Muslim-majority world, the book sheds light on the geopolitical implications of a religious minority's transition from outsiders to citizens. This book offers a much-needed reassessment that foresees the continuing integration of Muslims into European civil society and politics in the coming decades.


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