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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

An alternative stability pact for the European Union

Arestis, Philip; MacCauley, Kevin; Sawyer, Malcolm C. - 2000

Persistent link: https://www.econbiz.de/10001459835

An Alternative Stability Pact for the European Union

Arestis, Philip; McCauley, Kevin; Sawyer, Malcolm C. - 2000

This paper proposes an alternative stability and growth pact among European Union (EU) governments that would underpin the introduction of a single currency and a "single market" within the EU. The alternative pact embraces a number of new aspects of integration within the EU that are based on a...

Persistent link: https://www.econbiz.de/10014162532

Capital shortage unemployment in Germany and the UK

Arestis, Philip; Biefang-Frisancho Mariscal, Iris; … - 1998

Persistent link: https://www.econbiz.de/10003958357

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

Threshold Effects in the U.S. Budget Deficit

Arestis, Philip; Cipollini, Andrea; Fattouh, Bassam - 2005

We contribute to the debate on whether the large U.S. federal budget deficits are sustainable in the long run. We model the U.S. government deficit per capita as a threshold autoregressive process. We find evidence that the U.S. budget deficit is sustainable in the long run and that economic...

Persistent link: https://www.econbiz.de/10014093103

Threshold Effects in the Us Budget Deficit

Arestis, Philip; Cipollini, Andrea; Fattouh, Bassam - 2005

We contribute to the debate on whether the US large federal budget deficits are sustainable in the long run. We model the US government deficit per capita as a threshold autoregressive process. We find evidence that the US budget deficit is sustainable in the long run and that economic...

Persistent link: https://www.econbiz.de/10014084453

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