Journal of Defense Studies and Resource Management ISSN: 2324-9315

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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: [email protected]
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.

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