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Macroeconomics Beyond the NAIRU Servaas Storm
Macroeconomics Beyond the NAIRU
Servaas Storm
The authors make a strong case that a stable non-accelerating inflation rate of unemployment (NAIRU), independent of macroeconomic policy, does not exist. Consequently, government decisions based on the NAIRU are not only misguided but have huge and avoidable social costs, namely, high unemployment and sustained inequality.
304 pages, 27 graphs, 27 tables
| Mídia | Livros Hardcover Book (Livro com lombada e capa dura) |
| Lançado | 2 de janeiro de 2012 |
| ISBN13 | 9780674062276 |
| Editoras | Harvard University Press |
| Páginas | 304 |
| Dimensões | 163 × 236 × 24 mm · 564 g |
| Idioma | Inglês |