Uncertainty, Macroeconomic Stability and the Welfare State

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Produktbeskrivelse

This title was first published in 2002: This monograph sets out to model a macroeconomy that is inherently unstable because of qualitative - or Keynesian - uncertainty. By modelling a macroeconomic theory, this approach to fixed or sticky prices also investigates the link between uncertainty, sticky prices, and macro-stability - by suggesting that such prices improve economic activity rather than impeding it.

Tilgængeligheds information

Detaljer

  • ISBN13 9781351754132
  • Udgivet 2019
  • Forlag Routledge
  • Format Elektronisk medie
  • Udgave 1
  • Sprog Engelsk