Taxation, Wage Bargaining, and Unemployment Complete Test Bank

Unlock the Secrets of European Economies

Discover the key to understanding why European economies were able to balance full employment and welfare state expansion in the postwar period, and why this balance shifted in recent decades.

The Critical Role of Political Exchange

This book reveals the importance of a political exchange between unions and governments, where wage moderation was traded for social services and transfers. The strategies employed by these actors are influenced by wage bargaining institutions, monetary policy, and social policy transfers.

The Breakdown of the Virtuous Relationship

The book shows how the gradual increase in the fiscal burden eroded the effectiveness of this political exchange, making it harder for unions to impact employment outcomes.

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Key Features:

• Complete test bank with questions and solutions
• Covers key topics in taxation, wage bargaining, and unemployment
• Includes chapter questions and answers
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