High Wages Cause Unemployment

Kent Matthews

doi:10.1111/j.1468-0270.1985.tb01084.x

High Wages Cause Unemployment

Kent Matthews^*

^*Corresponding author for this work

Research output: Journal Publication › Article › peer-review

2 Citations (Scopus)

Abstract

The lessons of history are presented by Kent Matthews in his argument that inter‐war unemployment is not explained by Keynesian ‘stickiness’ of money wages but by the classical theory of excessively high real wages underpinned by the rise in the real value of national insurance benefits.

Original language	English
Pages (from-to)	6-11
Number of pages	6
Journal	Economic Affairs
Volume	5
Issue number	3
DOIs	https://doi.org/10.1111/j.1468-0270.1985.tb01084.x
Publication status	Published - Apr 1985
Externally published	Yes

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 1 No Poverty

ASJC Scopus subject areas

Geography, Planning and Development
Development
Aerospace Engineering

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10.1111/j.1468-0270.1985.tb01084.x

Cite this

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title = "High Wages Cause Unemployment",

abstract = "The lessons of history are presented by Kent Matthews in his argument that inter‐war unemployment is not explained by Keynesian {\textquoteleft}stickiness{\textquoteright} of money wages but by the classical theory of excessively high real wages underpinned by the rise in the real value of national insurance benefits.",

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year = "1985",

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DO - 10.1111/j.1468-0270.1985.tb01084.x

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VL - 5

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JO - Economic Affairs

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ER -

High Wages Cause Unemployment

Abstract

UN SDGs

ASJC Scopus subject areas

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