Post Keynesian (PK) growth models typically fail to model unemployment. That shows up in the absence of any equilibrium … or exploding unemployment rate. The underlying analytical problem is failure to resolve the Harrod (1939) knife edge …

whereby unemployment affects investment and growth. The model generates a growth unemployment rate trade-off. A reduced … propensity to save raises growth but it also raises the unemployment rate because of induced technological progress. This … unemployment affects income distribution; introduction of a Phillips curve and inflation effects; and introduction of demand growth …

perspectives. Next, the paper shows that the super-multiplier is a micro-economically coherent theory of investment and capital … accumulation. Firms' decisions regarding capital accumulation coordinate demand and supply growth in goods markets. The paper then … shows how labor markets and unemployment can be added into super-multiplier models to provide a comprehensive growth model …

inequality or the Charybdis of unemployment. Furthermore, it looks like the continental European economies - foremost Germany and … France - sided with more egalitarian ends accepting higher unemployment whilst the liberal economies such as the United … States and the United Kingdom choose higher inequality for lower unemployment. In this paper it is argued, that the trade …

and matching unemployment. We show that trend growth in itself does not generate a trade-off for the monetary authority …

insufficient capital accumulation responsible for unemployment (Arestis et al 2007). Empirical work in this tradition has paid … capital accumulation as a macroeconomic shock. In the empirical analysis, medium-term unemployment is explained by capital …According to the mainstream view, labour market institutions (LMI) are the key determinants of unemployment in the …

the generosity of unemployment benefits (UB) and short-time work. This paper aims to contribute to the theoretical … unemployment benefits and increasing search efforts, b) a fiscal stimulus and c) short-time work. In contrast to other studies that … from the heterogeneity of agents. I find four main results: 1) a) has nearly no effect on unemployment in the short run and …