Abstract
If we compare the main characteristics of the growth process during the last century with our own we notice important differences, which must be taken into account in choosing the hypotheses on which to base our theoretical models. The differences between the wage and price mechanisms in the two periods are particularly interesting: it is to these mechanisms that I will devote my attention in this paper.
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© 1993 Mauro Baranzini and G. C. Harcourt
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Sylos-Labini, P. (1993). Long-Run Changes in the Wage and Price Mechanisms and the Process of Growth. In: Baranzini, M., Harcourt, G.C. (eds) The Dynamics of the Wealth of Nations. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-22728-0_13
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DOI: https://doi.org/10.1007/978-1-349-22728-0_13
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