Storm, Servaas; Naastepad, C. W. M. - In: Journal of Post Keynesian Economics 29 (2007) 4, pp. 531-554
effect on unemployment. We argue that the mainstream nonaccelerating inflation rate of unemployment (NAIRU) model is only a … deregulate), following from the standard NAIRU model, can by no means be generalized. Empirical support for the general model is …