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Macroeconomics Beyond The NAIRU

The authors make a strong case that a stable non-accelerating inflation rate of unemployment (NAIRU), independent of macroeconomic policy, does not exist. Consequently, government decisions based on the NAIRU are not only misguided but have huge and avoidable social costs, namely, high unemployment and sustained inequality.
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  • Availability: Out Of Stock
  • Supplier: Pickabook
  • SKU: 9780674062276
Availability: In Stock
£33.26

Product Description

The authors make a strong case that a stable non-accelerating inflation rate of unemployment (NAIRU), independent of macroeconomic policy, does not exist. Consequently, government decisions based on the NAIRU are not only misguided but have huge & avoidable social costs, namely, high unemployment & sustained inequality.

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Pickabook
A UK based company founded in 1998. Offering exceptional value for money on a wide range of books including leather bound books and sticker books.

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Discounts of upto 80 percent
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Page Updated: 2015-03-31 20:45:45

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