participation theory of economic policy based on market constellations may help to bridge the gap between nomocratic policy denial …Post Keynesian theory as opposed to Walrasian theory does not provide the foundations for a unique general equilibrium … explained by different market constellations which are characterised by different sets of institutions. political and cultural …

Sebastian Dullien gives a novel explanation for unemployment and inflation in the Euro-Zone. He argues that … unemployment stems from a lack of co-operation between unions and monetary authorities: In an economy with endogenous money as EMU …-operation between both actors is necessary for high employment and low inflation. The current institutional set-up is found to be unable …

1990s. However, this concept has not been able to generate sustained growth and low unemployment in the EU as a whole … für dauerhaftes Wachstum und niedrige Arbeitslosigkeit in der gesamten EU zu sorgen. Die Autoren untersuchen die …

participation theory of economic policy based on market constellations may help to bridge the gap between nomocratic policy denial …Post Keynesian theory as opposed to Walrasian theory does not provide the foundations for a unique general equilibrium … explained by different market constellations which are characterised by different sets of institutions. political and cultural …