Going from a low to a high employment equilibrium
"This paper presents an extensive, but non-formalized, critique ofthe concept of the non-accelerating inflation rate of unemployment(NAIRU) and all similar concepts such as the steady-inflation rateof capacity utilization (SIRCU) which are used by mainstream economiststo argue that there is no...
Main Authors: | Lavoie, Marc, Hein, Eckhard |
---|---|
Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
Düsseldorf
2015
IMK |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19114912124919321949-Going-from-a-low-to-a-high-emp.htm |
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