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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

The Relationship between Capital Stock, Unemployment and Wages in Nine EMU Countries

Arestis, Philip; Baddeley, Michelle; Sawyer, Malcolm C. - 2007

unemployment in a range of EMU countries and to compare the results across countries. A time-series analysis is conducted in the … literature on capital stock and unemployment, before it deals with the theoretical model. This is followed by estimation and … hypothesis of the paper: capital stock is an important determinant of unemployment and wages in the countries considered for the …

Persistent link: https://www.econbiz.de/10014051701

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