Another Incomes Policy?

Abstract

Once again political pressure is building up in the United Kingdom for the introduction of some form of incomes policy. This article offers a theoretical framework for investigating the macro‐consequences of different types of policy. In particular it looks at the implications for the functional distribution of National Income and the possible effects on investment policy.

Citation

Foley, B.J. (1982), "Another Incomes Policy?", Journal of Economic Studies, Vol. 9 No. 1, pp. 44-53. https://doi.org/10.1108/eb002536