Showing 1 - 6 of 6
This work is a PhD dissertation, written at the Department of Economics, McGill University. The thesis offers a new framework for inflation as a process of restructuring. Contrary to existing theories of inflation, which tend to take structure and institutions as given for the purpose of...
Persistent link: https://www.econbiz.de/10005789620
Starting from a Post-Keynesian model in which employment is determined by effective de¬mand and the NAIRU is viewed as … a limit to employment, enforced by monetary policy re¬acting upon conflict inflation, the effects of central bank … independence and labour market institutions on macroeconomic performance are considered and the perspectives for employ¬ment and …
Persistent link: https://www.econbiz.de/10008536835
A monetary union is a group of states which share a single, or common, currency. An economic and monetary union (EMU), like the Eurozone, is characterized not only by a single currency, but also by a single market, as well as by a common economic and monetary policy. According to Cohen2, a...
Persistent link: https://www.econbiz.de/10005621591
GCC Countries are characterized by a high incidence of foreigners on both the overall population and the labour force as well as by deep inequalities in social and economic term. These features have influenced the labour market and fuelled mutual tensions and grievances between nationals and...
Persistent link: https://www.econbiz.de/10008493024
The welfare state was created after 1950 with counterproductive mechanisms and this caused high inflation and high unemployment and stagnating growth by 1970, called stagflation. Since 1970 governments redressed the welfare state but did not succeed in finding workable mechanisms. They rather...
Persistent link: https://www.econbiz.de/10011108214
The GCC countries are characterized by a high incidence of foreigners in both the overall population and the labour force as well as by deep inequalities in social and economic terms. These features have influenced the labour market and fuelled mutual tensions and grievances between nationals...
Persistent link: https://www.econbiz.de/10011114345