Harrigan, Frank; McGregor, Peter G.; Swales, Kim; Ping … - In: Journal of Economic Studies 20 (1993) 1/2
Jackman′s (LNJ′s) Unemployment: Macroeconomic Performance and the Labour Market . Clarifies and completes LNJ′s treatment of …Considers the treatment of openness and imperfect competition in the influential analysis of Layard, Nickell and … imperfect competition assumed. It is argued that openness is crucial to the model′s properties, whereas imperfect competition is …