Showing 1 - 10 of 17
-taken to support the hypothesis that high rates of homeownership lead to high unemploy-ment via increases in the reservation …
Persistent link: https://www.econbiz.de/10011924575
Persistent link: https://www.econbiz.de/10003958357
The persistence of high unemployment has been one of the most puzzling developments of the past twenty years or so. In … the UK, unemployment averaged 2.1% between 1966 and 1973, and since 1974 it has risen to an average of 7.5%. The … prevailing view of the persistence of unemployment and of the continuous rise in the NAIRU is that explanations and solutions can …
Persistent link: https://www.econbiz.de/10014073940
–to-GDP ratios but continuously rising trends in gross government debt–to-GDP ratios; a risk of further recession for the euro area …
Persistent link: https://www.econbiz.de/10013089794
-to-GDP ratios but continuously rising trends in gross government debt-to-GDP ratios; a risk of further recession for the euro area …
Persistent link: https://www.econbiz.de/10009631541
This paper argues that the re-emergence of stagnation tendencies in modern capitalism can be related to financialisation and its macroeconomic failures leading to the recent crises, and in particular to the macroeconomic responses towards the crisis and the respective regime shifts in mature...
Persistent link: https://www.econbiz.de/10011661571
It is often asserted that, whatever role Keynesian policies may have played in underpinning the long post-war boom, those policies are no longer relevant. In contrast this paper seeks to reassert the need for Keynesian policies in order to secure full employment. In doing so, as will be seen...
Persistent link: https://www.econbiz.de/10014075817
In this paper the main developments in post-Keynesian macroeconomics since the mid- 1990s will be reviewed. For this purpose the main differences between heterodox economics in general, including post-Keynesian economics, and orthodox economics will be reiterated and an overview over the strands...
Persistent link: https://www.econbiz.de/10011560674
recovery from the Great Financial Crisis, the Great Recession and the following Eurozone Crisis. These crises have also …
Persistent link: https://www.econbiz.de/10012239654
In this paper the main developments in post-Keynesian macroeconomics since the mid-1990s will be reviewed. For this purpose the main differences between heterodox economics in general, including post-Keynesian economics, and orthodox economics will be reiterated and an overview over the strands...
Persistent link: https://www.econbiz.de/10011918712