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unemployment are found to depress profit margins. The impact of concentration on profitability is seen to be biased downwards when …This paper examines the determinants of profitability in 90 U.K. manufacturing industries over the period 1983-86. It … considers the importance of labour market characteristics in determining profits and how their inclusion in a profitability …
Persistent link: https://www.econbiz.de/10005368594
What did Keynes means by full employment? What did he mean by budgets deficits? and how did he propose to deal with the problem of what Alvin Hansen called 'secular stagnation'?
Persistent link: https://www.econbiz.de/10005368731
This working paper after quickly reviewing the different types of existing macro models presents some basic tools that have proved useful for analysing monetary policy in recent years. Through the use of a simple quantitative forward-looking model of output, inflation and interest rate...
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