Uncertainty, Macroeconomic Stability and the Welfare State

Uncertainty, Macroeconomic Stability and the Welfare State
Author : Sven R Larson
Publisher : Routledge
Total Pages : 176
Release : 2019-01-15
ISBN 10 : 9781351754149
ISBN 13 : 1351754149
Language : EN, FR, DE, ES & NL

Uncertainty, Macroeconomic Stability and the Welfare State Book Description:

This title was first published in 2002: This monograph sets out to model a macroeconomy that is inherently unstable because of qualitative - or Keynesian - uncertainty. By modelling a macroeconomic theory, this approach to fixed or sticky prices also investigates the link between uncertainty, sticky prices, and macro-stability - by suggesting that such prices improve economic activity rather than impeding it.

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