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Economic precariousness : a new channel in the housing market cycle
Arestis, Philip; Gonzales-Martinez, Ana Rosa - 2017
-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
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Capital shortage unemployment in Germany and the UK
Arestis, Philip; Biefang-Frisancho Mariscal, Iris; … - 1998
Persistent link: https://www.econbiz.de/10003958357
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Capital Shortages and Asymmetries in UK Unemployment
Arestis, Philip; Mariscal, Iris Biefang-Frisancho - 1998
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
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Reasserting the Role of Keynesian Policies for the New Millennium
Arestis, Philip; Sawyer, Malcolm C. - 1998
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
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Consequences of constitutions
Persson, Torsten - 2003
Persistent link: https://www.econbiz.de/10001857438
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The"new political economy" : two recent books
Saint-Paul, Gilles - 2000
Persistent link: https://www.econbiz.de/10001467761
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Consequences of Constitutions
Persson, Torsten - 2021
The paper presents empirical findings regarding the economic policy consequences of constitutional arrangements, in three different dimensions. First, the data are consistent with several theoretical predictions about the consequences of electoral rules and forms of government for fiscal policy...
Persistent link: https://www.econbiz.de/10013233041
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Political Economics and Macroeconomic Policy
Persson, Torsten; Tabellini, Guido - 2022
This paper surveys the recent literature on the theory of macroeconomic policy. We study the effect of various incentive constraints on the policy making process, such as lack of credibility, political opportunism, political ideology, and divided government. The survey is organized in three...
Persistent link: https://www.econbiz.de/10013323999
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Consequences of Constitutions
Persson, Torsten - 2003
The paper presents empirical findings regarding the economic policy consequences of constitutional arrangements, in three different dimensions. First, the data are consistent with several theoretical predictions about the consequences of electoral rules and forms of government for fiscal policy...
Persistent link: https://www.econbiz.de/10012468524
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Political Economics and Macroeconomic Policy
Persson, Torsten - 1997
This paper surveys the recent literature on the theory of macroeconomic policy. We study the effect of various incentive constraints on the policy making process, such as lack of credibility, political opportunism, political ideology, and divided government. The survey is organized in three...
Persistent link: https://www.econbiz.de/10012472486