Search results with tag "Rigidity"
Chapter 11 Keynesianism: Wage and Price Rigidity ...
professorchappell.comChapter 11 Keynesianism: Wage and Price Rigidity Introduction We earlier described the Keynesian interpretation of the IS-LM AS-AD Model. The
Macroeconomics - Jolly Green General
jollygreengeneral.typepad.comresearch ranges across macroeconomics and includes work on price adjustment, consumer behavior, financial markets, monetary and fiscal policy, and economic growth. In addition to his duties at Harvard, he has been a research associate of ... 6-3 Real-Wage Rigidity and Structural Unemployment 169 Minimum-Wage Laws 170 xii | Contents.
A Contribution to the Theory of Economic Growth Robert M ...
pages.nyu.edu-V. Behavior of intcrcst anti wage rates, 78. -VI. k!xtcniions, 85 -VI1. Qunlilicatior~\,91 ... rigidity in one part of the system should entail lack of flexibility in ... to see if the Harrod instability appears. The price-wage- interest reactions play an important role in this neoclassical adjust- ment process, so they are analyzed too. ...
Macroeconomics - Pearson
www.pearsonhighered.com11Keynesianism: The Macroeconomics of Wage and Price Rigidity 415 PART 4 Macroeconomic Policy: Its Environment and Institutions 12Unemployment and Inflation 457 13Exchange Rates, Business Cycles, and Macroeconomic Policy in the Open Economy 489 14Monetary Policy and the Federal Reserve System 541