In message Thu, 10 Apr 1997 09:38:24 -0700 (PDT),
patrick l mason <patrick.l.mason.20@nd.edu> writes:
> 5. Hence, a necessary and sufficient condition for the real wage rate to
> rise is for the average level of productivity to increase and for
> worker bargaining power to increase. The "ability to make pay" must rise
> with the "ability to pay" if workers are to get a higher real wage.
Hi Patrick! Would you treat "the ability to make pay" as a simple function
of unemployment or do you see questions such as the degree of unity (or
conversely, the degree of separation) of workers as a factor here? I think
this question relates to the issue of wage differentials as well as to
the average wage level.
in solidarity,
mike
---------------------------
Michael A. Lebowitz
Economics Department, Simon Fraser University
Burnaby, B.C., Canada V5A 1S6
Office: (604) 291-4669; Office fax: (604) 291-5944
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