Advances in Industrial and Labor Relations, Volume 6 presents papers that tackle concerns in industrial and labor relations. The book is comprised of eight chapters; each chapter reviews a study that discusses issues in industrial and labor relations. The first two chapters discuss the development of models of industrial and labor relations that are not bound by characteristics, processes, and practices. Chapter 3 compares the innovations in work organization, compensation, and employee participation in decision-making. Chapter 4 examines the cause and effects of technological change at the workplace level of analysis. Chapter 5 discusses the effects of seniority-based layoffs on survivors. Chapters 6 and 7 cover the lump-sum payment system. Chapter 8 talks about the publishing performance of industrial relations academics. The text will be of interest to readers who are concerned with the development of industrial and labor relations.

Includes first report of the British Council on Prices, Productivity and Income, 1958 (p. 163-241).

Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.