This study explains why the OECD economies have been in a high unemployment equilibrium trap for the past 15 years. An institional-analytical framework is adopted to reveal how institutions interact with the economic and political demands of organized interest groups to determine both the difference in performances between countries and the general failure of the OECD economies to recover. Stagnation is traced in the first instance to an unwillingness of countries to employ stimulative Keynesian policies because of their adverse inflation and payments side effects. Underlying this are institutional changes, largely induced by the economic successes of the 1950s and 1960s, that have greatly reduced the ability of policy makers to use aggregate demand and exchange rate policies to stabilize the economy. Further instutional changes induced by governments are required for recovery. Given the radical nature of the required changes, continued long-run stagnation seems assured.
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256p cloth with dustjacket, from a Cambridge college library, includes bibliography and index, as new, meticulous tables, very good condition
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EUR 4,45
Da: Canada a: U.S.A.
Da: Atticus Books, Toronto, ON, Canada
Hardcover. Condizione: Very Good. Condizione sovraccoperta: Very Good. 1st Edition. "This study explains why the OECD economies have been in a high unemployment equilibrium trap for the past 15 years. An institional-analytical framework is adopted to reveal how institutions interact with the economic and political demands of organized interest groups to determine both the difference in performances between countries and the general failure of the OECD economies to recover. Stagnation is traced in the first instance to an unwillingness of countries to employ stimulative Keynesian policies because of their adverse inflation and payments side effects. Underlying this are institutional changes, largely induced by the economic successes of the 1950s and 1960s, that have greatly reduced the ability of policy makers to use aggregate demand and exchange rate policies to stabilize the economy. Further instutional changes induced by governments are required for recovery. Given the radical nature of the required changes, continued long-run stagnation seems assured." (Publisher). Codice articolo HB8258
Quantità: 1 disponibili
Da: Jay W. Nelson, Bookseller, IOBA, Austin, MN, U.S.A.
Hardcover. Condizione: Near Fine. Condizione sovraccoperta: Near Fine. 1st Edition. Near fine book and jacket. Codice articolo 087972
Quantità: 1 disponibili
Da: Plurabelle Books Ltd, Cambridge, Regno Unito
Hardcover. Condizione: Good. 256p cloth with dustjacket, from a Cambridge college library, includes bibliography and index, as new, meticulous tables, very good condition Language: English. Codice articolo 91478
Quantità: 1 disponibili
Da: Sweet Beagle Books, Bloomington, IN, U.S.A.
Hardcover. Condizione: Fine. Condizione sovraccoperta: Fine. 1st Edition. No defects in book or jacket, the latter now protected by clear mylar sleeve. Bound in blue cloth with bright gilt titles to spine; binding is tight, pages are clean and unmarked. . A handsome copy. . 8vo - 8" to 9" tall. 256 pages. C6. Codice articolo 31819
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Da: Anybook.com, Lincoln, Regno Unito
Condizione: Good. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. Clean from markings. In good all round condition. No dust jacket. Codice articolo 9935557
Quantità: 1 disponibili
Da: Ammareal, Morangis, Francia
Hardcover. Condizione: Très bon. Ancien livre de bibliothèque. Légères traces d'usure sur la couverture. Couverture différente. Edition 1990. Ammareal reverse jusqu'à 15% du prix net de cet article à des organisations caritatives. ENGLISH DESCRIPTION Book Condition: Used, Very good. Former library book. Slight signs of wear on the cover. Different cover. Edition 1990. Ammareal gives back up to 15% of this item's net price to charity organizations. Codice articolo D-920-158
Quantità: 1 disponibili