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.
Detaljer
- ISBN13 9781138724891
- Sider 150
- Udgivet 2020
- Forlag Taylor & Francis Ltd
- Format Paperback
- Udgave 1
- Sprog Engelsk