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explaining unemployment and the fragmentation of labour …
Persistent link: https://www.econbiz.de/10014473854
business cycle and growth /Pedro Leão --A Keynesian model of unemployment and growth : theory /John Cornwall --A Keynesian … model of unemployment and growth : an empirical test /Wendy Cornwall --The relevance of the Cambridge …
Persistent link: https://www.econbiz.de/10012420046
), 'A Theory of Dual Labor Markets with Application to Industrial Policy, Discrimination, and Keynesian Unemployment …
Persistent link: https://www.econbiz.de/10011852242
Persistent link: https://www.econbiz.de/10011850791
The maintenance of financial stability is a key objective of monetary policy, but the record of regulators in achieving this has been lamentable in recent years. This failure has been matched by an equivalent inability to establish an appropriate theoretical basis for financial regulation. In...
Persistent link: https://www.econbiz.de/10014474042
unemployment over the last 150 years and argue that the shift from involuntary to 'natural rate' conceptions of unemployment since … unemployment and the Phillips curve ; The Phillips curve and shifting views on unemployment ; The troublesome NAIRU: the hoax that … undermined full employment -- Full employment abandoned: shifting sands and policy failures. The shift to full employability …
Persistent link: https://www.econbiz.de/10011851543
This valuable and engaging new book bears eloquent testimony to A.P. Thirlwall's substantial contribution to economics over the last 40 years. The volume does not attempt to provide a comprehensive review of such a prolific figure, but rather demonstrates the considerable influence that his work...
Persistent link: https://www.econbiz.de/10011850558
Financial globalization has made monetary policy formulation in emerging market economies increasingly complicated. This timely set of studies looks at the turmoil in global financial markets, which coupled with volatile inflation poses serious challenges for central banks in these countries....
Persistent link: https://www.econbiz.de/10011851216
Nobel Prize winner James Tobin has made outstanding contributions to modern macroeconomics. In this final collection of his work he examines the economic policies of the United States and its relations with other major economies after 1990. In James Tobin's view, the welfare of populations...
Persistent link: https://www.econbiz.de/10011851797
There is much confusion in the economics literature on wage determination and the employment-inflation trade-off. Few model builders pay as much careful attention to the definition and meaning of long-run concepts as did Albert Ando. Expanding on years of painstaking work by Ando, the...
Persistent link: https://www.econbiz.de/10011851839