Clashing theories of unemployment
"General-equilibrium models for studying monetary influences in general and the zero lower bound on the nominal interest rate in particular contain implicit theories of unemployment. In some cases, the theory is explicit. When the nominal rate is above the level that clears the current market f...
| Main Authors: | , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Cambridge, MA
2011
NBER |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19177270124919954529-Clashing-theories-of-unemploym.htm |
