de Meza, David and Perlman, M. (1985) Increasing returns and the foundation of unemployment theory. Journal of post-Keynesian economics, 7 (3). pp. 385-395. ISSN 0160-3477
Abstract
Claims that the assumptions that lead to the controversial elements of M.L. Weitzman's model of unemployment are not easily appreciated from his paper 'Increasing Returns and the Foundations of Unemployment Theory.' Nominal wage in the short and long run; Inability of Weitzman's formal model to capture the major problem he envisages; Shocks considered in Weitzman's paper.
| Item Type: | Article |
|---|---|
| Official URL: | http://www.mesharpe.com/mall/results1.asp?ACR=PKE |
| Additional Information: | © 1985 ME Sharpe, Inc. |
| Uncontrolled Keywords: | unemployment, rate of return |
| Library of Congress subject classification: | H Social Sciences > HB Economic Theory H Social Sciences > HD Industries. Land use. Labor |
| Sets: | Research centres and groups > Managerial Economics and Strategy Group Departments > Management Collections > Economists Online |
| Rights: | http://www.lse.ac.uk/library/rights/LSERO.htm |
| URL: | http://eprints.lse.ac.uk/35529/ |
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