The Wage Determination Process in Turkey: An Empirical Analysis in Kaleckian Perspective

Orthodox economists generally think about labor market that the price stability and low unemployment cannot be achieved at the same time. In this sense, the Orthodox argument discusses that a decline in the aggregate demand will decrease the money wages and real wages proportionally, and increase...

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Bibliographic Details
Main Authors: Başak Gül AKTAKAS, Cemil Serhat AKIN
Format: Article
Language:English
Published: Ala-Too International University 2014-05-01
Series:Eurasian Journal of Business and Economics
Subjects:
Online Access:http://www.ejbe.org/EJBE2014Vol07No13p119AKTAKAS-AKIN.pdf