Research Article, J Def Stud Resour Manage Vol: 2 Issue: 1
Wage Bargaining and Behaviour of Talented Labour in the Defence Market
Sami Chraa* |
University of the West of England, Frenchay Campus, Coldharbour Lane, Bristol, UK |
Corresponding author : Sami Chraa Department of Accounting, Economics, and Finance, University of the West of England, Frenchay Campus, Coldharbour Lane, Bristol, Avon BS16 1QY, UK Tel: +447713014030 E-mail: sami2.chraa@live.uwe.ac.uk |
Received: February 05, 2013 Accepted: February 22, 2013 Published: February 25, 2013 |
Citation: Chraa S (2013) Wage Bargaining and Behaviour of Talented Labour in the Defence Market. J Def Stud Resour Manage 2:1. doi:10.4172/2324-9315.1000106 |
Abstract
Wage Bargaining and Behaviour of Talented Labour in the Defence Market
One of the enduring issues of business cycle theory has been the search for a theoretical framework that would aid apprehending the behaviour of wage rates in times of undulations in employment with respect to output. There has been a focus on how real wage movements can be affected by a business cycle and studies showed that there is no systematic pattern . The demand for labour would naturally, ceteris paribus result in a rise in employment but not necessarily in the wage rates.