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...

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Bibliographic Details
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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