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A future for capitalism : classical, neoclassical and keynesian perspectives

Author: Peter Flaschel; Alfred Grenier
Publisher: Cheltenham, UK ; Northampton, MA : Edward Elgar, ©2011.
Edition/Format:   Print book : EnglishView all editions and formats
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They present material clearly related to current macroeconomic research which goes beyond the New Consensus macroeconomics, and which can also be related to the discussion between practitioners and  Read more...

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Document Type: Book
All Authors / Contributors: Peter Flaschel; Alfred Grenier
ISBN: 9781849808552 1849808554
OCLC Number: 743515487
Description: xvii, 343 pages : illustrations ; 24 cm
Contents: Contents: Introduction Part I: Stabilizing an Unstable Economy: The Challenge in Place 1. Real-Financial Market Interactions and the Choice of Policy Measures Part II: Classical Unbalanced Growth and Social Evolution 2. Income Security within the Bounds of the Reserve Army Mechanism 3. Segmented Labor Markets and Low Income Work 4. Atypical Employment and Smooth Factor Substitution Part III: Unemployment and Welfare Issues in Models of Endogenous Growth 5. Economic Growth with an Employer of Last Resort: A Simple Model of Flexicurity Capitalism 6. Economic Policy in a Growth Model with Human Capital, Heterogenous Agents and Unemployment 7. Public Debt, Public Expenditures and Endogenous Growth with Real Wage Rigidities Part IV: The Road to Full-Employment Capitalism 8. Flexicurity: A Baseline Supply Side Model 9. Factor Substitution, Okun's Law and Gradual Wage Adjustments 10. Skill Formation, Heterogeneous Labor and Investment-driven Business Fluctuations 11. Leashing Capitalism: Monetary-Fiscal Policy Measures and Labor Market Reforms Some Useful Stability Theorems References Index
Responsibility: Peter Flaschel, Alfred Greiner.

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