Structural slumps: the modern equilibrium theory of unemployment, interest, and assets

Auteur : Phelps, Edmund
Éditeur : Harvard University Press
ISBN : 9780674843745
Date de publication : 1 sept. 1998
Dimensions : 23,5 x 16,2 cm
Poids : 590 g
Langue : Anglais
Pays d'origine : USA

Dissatisfied with explanations of the business cycle provided by Keynesian, monetarist, New Keynesian, and real business cycle schools, Phelps has developed from existing modern and classical strains a radical theory to account for long periods of unemployment that have dogged the economies of the U.S. and Western Europe since the early 1970s.

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