This book examines the causes and consequences of falling wages
and rising inequality in income distribution. It presents new
empirical and econometric evidence on the potential impact of the
shift in income from the poor and middle class to the wealthy. The
contributors also analyze policy implications and strategies for a
wage-led recovery that would alleviate the global problems
associated with rising household debt and with new mercantilist
policies based on wage moderation. The book provides an overarching
framework that will prove invaluable to researchers and
Contributors include Giorgos Galanis (University of Warwick and
the New Economics Foundation), Eckhard Hein (Berlin School of
Economics and Law), Marc Lavoie (University of Ottawa), Matthias
Mundt (Berlin School of Economics), C.W.M. Naastepad (Delft
University of Technology, the Netherlands), ?zlem Onaran
(University of Greenwich), Engelbert Stockhammer (Kingston
University), Servaas Storm (Delft University of Technology), Simon
Sturn (University of Massachusetts at Amherst), and Till van Treeck
(Macroeconomic Policy Institute at Hans Boeckler Foundation and
University of Duisburg-Essen).
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