Title:
Path dependency and macroeconomics
Author:
Arestis, Philip, 1941-
ISBN:
9780230236004
Publication Information:
New York : Palgrave Macmillan, 2009.
Physical Description:
xi, 261 p. : ill. ; 23 cm.
Series:
International papers in political economy series
International papers in political economy.
Contents:
Machine generated contents note: PrefacePath Dependence and Demand-Supply Interactions in Macroeconomic Analysis--P. Arestis &--M. SawyerPath Dependency, Hysteresis and Macrodynamics--M. SetterfieldInvoluntary Unemployment in a Path Dependent System: The Case of Strong Hysteresis--D. LangPath Dependence, Equilibrium, and Economic Growth--A. DuttMoney Wage Rigidity, Monopoly Power and Hysteresis--A. Palacia-VeraThe Rise and Fall of Spanish Unemployment: A Chain Reaction Theory Perspective--M. Karanassou&--H. Sala PrefacePath Dependence and Demand-Supply Interactions in Macroeconomic Analysis--P. Arestis &--M. SawyerPath Dependency, Hysteresis and Macrodynamics--M. SetterfieldInvoluntary Unemployment in a Path Dependent System: The Case of Strong Hysteresis--D. LangPath Dependence, Equilibrium, and Economic Growth--A. DuttMoney Wage Rigidity, Monopoly Power and Hysteresis--A. Palacia-VeraThe Rise and Fall of Spanish Unemployment: A Chain Reaction Theory Perspective--M. Karanassou&--H. Sala.
Abstract:
"This fifth volume in the International Papers in Political Economy (IPPE) series focuses on the theme of path dependency and macroeconomics in terms of both theory and applications. The volume examines how path dependency is linked with notions of fundamental uncertainty, non-ergodicity and hysteresis"--Provided by publisher.