This book, originally published in 1981, is a major reassessment of the strengths and weaknesses of incomes policies. A distinguished group of economists comprehensively review the rationale and history of the field, giving special attention to the role fo the public sector, the question of low pay and the differing approaches to incomes policies which have been adopted in Europe and North America.
Introduction J. L. Fallick and R. F. Elliott 1. Incomes Policies: Some Rationales 2. Incomes Policy and Aggregate Pay S. G. B. Henry 3. Public and Private Sector Pay and the Economy Andrew Dean 4. Incomes Policy and the Private Sector Ken Mayhew 5. Incomes Policy and the Public Sector J. L. Fallick and R. F. Elliott 6. Incomes Policies and Low Pay R. Steele 7. The American Experience with Incomes Policies John H. Pencavel 8. Incomes Policy: The Recent European Experience John T. Addison 9. Incomes Policies, Inflation and Relative Pay: An Overview R. F. Elliott and J. L. Fallick Appendix: Incomes Policies: A Short History