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Book cover of Wage-Led Growth: An Equitable Strategy for Economic Recovery by Marc Lavoie

Wage-Led Growth: An Equitable Strategy for Economic Recovery

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Author:

Marc Lavoie

Number Of Reads:

7

Language:

English

Category:

Social sciences

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Pages:

210

Quality:

excellent

Views:

552

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Book Description

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 policymakers.

Author portrait of Marc Lavoie

Marc Lavoie

Marc Lavoie is a Canadian professor in economics at the University of Ottawa and a former Olympic fencing athlete. Born in Ottawa, Ontario, Canada, Marc Lavoie is a professor in the Department of Economics at the University of Ottawa, where he started teaching in 1979. He got his doctorate from the University of Paris. Besides having published nearly two hundred articles in refereed journals, he has written a number of books, among which are Post-Keynesian Economics: New Foundations (2014), Introduction to Post-Keynesian Economics (2006), translated into four languages, Foundations of Post-Keynesian Economic Analysis (1992), as well as Monetary Economics: An Integrated Approach to Money, Income, Production and Wealth (2007) with Wynne Godley. The latter deals with and employs in its analysis the stock/flow consistent method. Lavoie has been the associate editor of the Encyclopedia of Political Economy (1999), and he has been a visiting professor at the universities of Bordeaux, Nice, Rennes, Dijon, Grenoble, Limoges, Lille, Paris and Paris-Nord, as well as Curtin University in Perth, Australia. Lavoie is also an IMK Research Fellow at the Hans Böckler Foundation in Düsselforf and Policy Fellow at the Broadbent Institute in Toronto. He has lectured at post-Keynesian summer schools in Kansas City, the Levy Economics Institute and Berlin.

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