Underemployment Equilibria
Author | : Jacques H. Drèze |
Publisher | : Cambridge University Press |
Total Pages | : 604 |
Release | : 1991 |
ISBN-10 | : 0521435242 |
ISBN-13 | : 9780521435246 |
Rating | : 4/5 (246 Downloads) |
Download or read book Underemployment Equilibria written by Jacques H. Drèze and published by Cambridge University Press. This book was released on 1991 with total page 604 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 1991 book is a selection of Jacques Drèze's work over the last decade on the topics of lasting unemployment, stagflation and unused capacity. At the theoretical level, the author has contributed to the formulation and analysis of general equilibrium models which allow for price rigidities and excess supply and lend themselves to econometric implementation, thus represents an attempt to integrate micro- and macroeconomics, and to use theory for empirical and policy purposes.