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Internal and External Balance: The Layard, Nickell and Jackman Approach to the NAIRU and External Balance
Barrell, Ray - In: Journal of Economic Studies 20 (1993) January, pp. 73-86
The analysis of the processes determining unemployment in an open economy has been considerably advanced by the work of Layard, Nickell and Jackman in their book Unemployment: Macroeconomic Performance and the Labour Market. Reviews their contribution. They have developed an analysis based on...
Persistent link: https://www.econbiz.de/10004987085
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Unit Root in the Wage-Price Spiral Is Not Hysteresis in Unemployment
Amable, Bruno; Henry, Jérôme; Lordon, Frédéric; … - In: Journal of Economic Studies 20 (1993) January, pp. 123-135
phenomenologies within which it is liable to be encountered. In economics, the fields concerned may indeed vary a lot (labour market …
Persistent link: https://www.econbiz.de/10004987102
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Internal and External Balance: The Layard, Nickell and Jackman Approach to the NAIRU and External Balance
Barrell, Ray - In: Journal of Economic Studies 20 (1993) 1/2
The analysis of the processes determining unemployment in an open economy has been considerably advanced by the work of Layard, Nickell and Jackman in their book Unemployment: Macroeconomic Performance and the Labour Market . Reviews their contribution. They have developed an analysis based on...
Persistent link: https://www.econbiz.de/10014863423
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Unit Root in the Wage‐Price Spiral Is Not Hysteresis in Unemployment
Amable, Bruno; Henry, Jérôme; Lordon, Frédéric; … - In: Journal of Economic Studies 20 (1993) 1/2
phenomenologies within which it is liable to be encountered. In economics, the fields concerned may indeed vary a lot (labour market …
Persistent link: https://www.econbiz.de/10014863426
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Transaction costs versus resource value?
Pitelis, Christos N.; Pseiridis, Anastasia N. - In: Journal of Economic Studies 26 (1999) September, pp. 221-240
Two major advances in the theory of the firm and (micro)economics more generally are arguably transaction costs … economics (TCE) and the theory of firm resources. TCE has originally been applied to the theory of the firm, but found … transaction cost economics fail to supply convincing answers to the issues of the nature of the firm (why do firms exist?), and …
Persistent link: https://www.econbiz.de/10004976593
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Heinrich von Stackelberg’s textbook revisited
Maks, J.A.H.; Haan, M. - In: Journal of Economic Studies 23 (1996) October, pp. 40-47
’s analysis of the price formation on imperfect markets. Suggests that it might be an effective approach in a course on micro-economics … a course on micro-economics one may devote some attention to these concepts. It is quite possible that Stackelberg, at …
Persistent link: https://www.econbiz.de/10005003342
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Macrostabilisation Policy in Mainland China’s Open Economy
Chen, Chien-Hsun; Bourlakis, Constantine - In: Journal of Economic Studies 18 (1991) January, pp. 57-64
A general equilibrium model for mainland China's open economy is formulated and used to examine the effect of stabilisation policy on the internal and external balances. An expansionary monetary or fiscal policy in particular through its effect on consumption and labour supply raises aggregate...
Persistent link: https://www.econbiz.de/10008459567
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An analysis of barter in the broadcasting industry
Marvasti, Akbar - In: Journal of Economic Studies 39 (2012) 5, pp. 537-553
Purpose – The purpose of this paper is to address differences in bartering between markets and firms, as this mode of transaction has become a norm in the broadcasting industry in the sale of advertising air time and the purchase of programs. Design/methodology/approach – Panel data from...
Persistent link: https://www.econbiz.de/10014863339
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Macrostabilisation Policy in Mainland China’s Open Economy
Chen, Chien‐Hsun - In: Journal of Economic Studies 18 (1991) 1
A general equilibrium model for mainland China′s open economy is formulated and used to examine the effect of stabilisation policy on the internal and external balances. An expansionary monetary or fiscal policy in particular through its effect on consumption and labour supply raises aggregate...
Persistent link: https://www.econbiz.de/10014863392
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Heinrich von Stackelberg’s textbook Grundlagen der theoretischen Volkswirtschaftslehre revisited
Maks, J.A.H.; Haan, M. - In: Journal of Economic Studies 23 (1996) 5/6, pp. 40-47
’s analysis of the price formation on imperfect markets. Suggests that it might be an effective approach in a course on micro‐economics … a course on micro‐economics one may devote some attention to these concepts. It is quite possible that Stackelberg, at …
Persistent link: https://www.econbiz.de/10014863492