The Natural Rate of Unemployment: Reflections on 25 Years of the Hypothesis - Brossura

 
9780521483308: The Natural Rate of Unemployment: Reflections on 25 Years of the Hypothesis

Sinossi

A challenge to the conventional theory of the natural rate of unemployment hypothesis.

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Recensione

" The 17 essays in this volume discuss the theoretical foundations, dynamics, empirical status, and political economy of the natural rate hypothesis. They reflect the vigor with which we might expect both proponents and critics to discuss a concept of such central importance. Cross should be applauded for the breadth of his perspective on the natural rate. He has marshalled a wide variety of papers into a volume that is particularly good at highlighting recent advances and which, ultimately, no macroeconomist will want to be without." Mark Setterfield, Eastern Economic Journal

Descrizione del libro

The important contemporary issue of unemployment is approached by an eminent list of contributors, in the light of the existing status of the natural rate hypothesis. They look forward to the emergence of a new kind of theory of unemployment, challenging the conventional 'wisdom' of the hypothesis.

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