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discusses the NAIRU theory and presents econometric evidence to assess the relative importance of capital investment and labor … unemployment in the long run? -- 3. The NAIRU theory, the NAIRU story and Keynesian approaches -- 4. Explaining the rise in … the theory of the firm : financialization and management priorities -- 6. Financialization and the slowdown of capital …
Persistent link: https://www.econbiz.de/10011851695
The future of European Monetary Union (EMU) stands as one of the most important economic issues of the era. The author argues that in the event of macroeconomic shocks, rather than acting as a cohesive force, EMU could give rise to disunity. As EMU is not an optimal currency area, asymmetric...
Persistent link: https://www.econbiz.de/10014474087