Dissatisfied with explanations of the business cycle provided by Keynesian, monetarist, New Keynesian, and real business cycle schools, Phelps has developed from existing modern and classical strains a radical theory to account for long periods of unemployment that have dogged the economies of the U.S. and Western Europe since the early 1970s.
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Dissatisfied with explanations of the business cycle provided by Keynesian, monetarist, New Keynesian, and real business cycle schools, Phelps has developed from existing modern and classical strains a radical theory to account for long periods of unemployment that have dogged the economies of the U.S. and Western Europe since the early 1970s.
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Add this copy of Structural Slumps: the Modern Equilibrium Theory of to cart. $51.60, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 1994 by Harvard University Press.
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