Keynesian Unemployment as Non-Walrasian Equilibria

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Wages and Unemployment

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This book is concerned with the problem of wage rigidities in macroeconomic theory, and their implications for public policy. It offers an analysis of the micro

Keynesian unemployment as nonwalrasian equilibria

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Macroeconomics: An Introduction to the Non-Walrasian Approach

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Macroeconomics: An Introduction to the Non-Walrasian Approach provides the approach to macroeconomic theory based on the non-Walrasian method. This book present

Structural Slumps

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Dissatisfied with the explanations of the business cycle provided by the Keynesian, monetarist, New Keynesian, and real business cycle schools, Edmund Phelps ha