Contents -- Foreword -- Editorial -- Wage-led growth:An introduction -- Distribution and growth: A conceptual framework -- Decline in the wage share: What are the causes? -- Economic effects of a declining wage share -- Classifying recent growth regimes and strategies:Credit-led growth, export-led growth or wage-led growth -- Wage-led growth: a viable economic strategy -- Leveraging inequality -- Shifting wealth -- Modelling the facts -- Policy options -- References -- The productivity and investment effects of wage-led growth -- How we got into this mess -- The NAIRU model -- A critique of the NAIRU -- Further critique -- Empirical evidence -- Wages and economic recovery -- References -- The economics of wage-led recovery: Analysis and policy recommendations -- Wage stagnation as an obstacle to recovery -- Wage stagnation as a long-term structural problem -- The economics of wage-led recovery -- Empirical support for wage-led economics -- A policy framework for wage-led recovery and growth -- Conclusion -- References -- The impact of the crisis on labour relations and collective agreements in Greece -- Main characteristics of the labour market in Greece -- Trade unions and wage settingby collective agreement -- First measures aimed at the public sector -- The modifications to labour law -- Changes to the collective agreement system -- Conclusion -- References -- Tables -- Table 1. Pro-labour and pro-capital distributional policies -- Table 2. Economic structure: wage-led and profit-led demand and supply regimes -- Table 3. Viability of growth regimes -- Table 4. Actual growth strategies in the economic structure/distributionalpolicies framework -- Table 5. Savings rates by income group, Germany, 1995-2007 -- Table 6. Econometric studies on wage-led and profit-led demand regimes -- Table 7. Effects on private excess demand.

Table 8. Growth models of actually existing neo-liberalism -- Table 9. Increase in household debt 2000 to 2008 -- Table 10. International imbalances: current accountas a percentage of GDP -- Table 1. Estimates of the impact of (investment) demand growth on productivity growth -- Table 2. Estimates of the impact of real wage growth on productivity growth -- Table 3. Estimates of the impact of labour market regulation on productivity growth -- Table 1. Unemployment rates and output gaps in the OECD -- Table 2. The prisoner's dilemma and international economic cooperation -- Table 3. Wage-led versus orthodox policy mix -- Table 1. Annual average wagein Europe in euros, 2009 -- Table 2. Unit labour costs in Europe, 2009 -- Figures -- Figure 1. Adjusted wage shares in the euro area, the United States and Japan,1960-2007 -- Figure 1. Lending disposable income -- Figure 2. Increasingly indebted -- Figure 3. Borrowing from Peter to pay Paul -- Figure 4. Averting a crisis -- Figure 1. More labour market regulation and the NAIRU -- Figure 2. More labour market regulation and higher real wage growthmay either reduce (panel a) or raise (panel b) the NAIRU -- Figure 1. The 1945-80 virtuous circle growth model -- Figure 2. The neoliberal policy box -- Figure 3. Repacking the neoliberal policy box -- Figure 4. The economics of wage-led employment -- Figure 5. The wage-led recovery policy challenge -- Figure 6. A strongly wage-led economy in which wage increasesbenefit both workers and business (π0 < π1) -- Figure 7. A weakly wage-led economy in which wage increasesbenefit workers but not business (π0 < π1) -- Figure 8. Alvin Hansen technological unemployment.