Macroeconomics beyond the NAIRU
"Economists and the governments they advise have based their macroeconomic policies on the idea of a natural rate of unemployment. Government policy that pushes the rate below this point - about 6 per cent - is apt to trigger an accelerating rate of inflation that is hard to reverse, or so the...
| Main Authors: | , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Cambridge, Mass.
2012
Harvard University Press |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-850512467879-Macroeconomics-beyond-the-NaiR.htm |
