Growth patterns have changed radically over the last two decades, to which capital and the labour markets appear to have failed to adapt. Unemployment in Europe has been growing, almost without remission, to levels unseen since the Great Depression. These facts are somewhat at odds with the development of growth theory which has mainly been orientated towards an equilibrium full employment framework. The main message of equilibrium theory of fluctuations was precisely that the policy maker is impotent. Now, with the universal acceptance of endogenous growth theory, the common concensus proposition would be `we are all neo-classical for the short run and Keynesian for the long run’ (investment being too important for growth to be left entirely in private hands).
Jean-Paul Fitoussi
Economics in a Changing World [PDF ebook]
Volume 5: Economic Growth and Capital Labour Markets
Economics in a Changing World [PDF ebook]
Volume 5: Economic Growth and Capital Labour Markets
Mua cuốn sách điện tử này và nhận thêm 1 cuốn MIỄN PHÍ!
Ngôn ngữ Anh ● định dạng PDF ● ISBN 9781349239535 ● Biên tập viên Jean-Paul Fitoussi ● Nhà xuất bản Palgrave Macmillan UK ● Được phát hành 1995 ● Có thể tải xuống 3 lần ● Tiền tệ EUR ● TÔI 6561631 ● Sao chép bảo vệ Adobe DRM
Yêu cầu trình đọc ebook có khả năng DRM