This title was first published in 2002: This monograph sets out to model a macroeconomy that is inherently unstable because of qualitative - or Keynesian - uncertainty. By modelling a macroeconomic theory, this approach to fixed or sticky prices also investigates the link between uncertainty, sticky prices, and macro-stability - by suggesting that such prices improve economic activity rather than impeding it.
ISBN: | 9781138724891 |
Publication date: | 31st December 2020 |
Author: | Sven R Larson |
Publisher: | Routledge an imprint of Taylor & Francis |
Format: | Paperback |
Pagination: | 150 pages |
Series: | Routledge Revivals |
Genres: |
Sociology |