Wages, government policy and unemployment

In this paper we question the usefulness of what has become the new textbook orthodoxy — the 'new Keynesian' NAIRU theory. We then discuss the impact of the policy developments that follow from this orthodoxy, and argue that NAIRU theory has resulted in greater, not reduced, unemployment....

Полное описание

Библиографические подробности
Главные авторы: Michie, J, Wilkinson, F
Формат: Journal article
Язык:English
Опубликовано: Edward Arnold 1995
Предметы:

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