Expectations, Employment and Prices

Expectations, Employment and Prices

by Roger Farmer
     
 

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ISBN-10: 0195397908

ISBN-13: 9780195397901

Pub. Date: 03/31/2010

Publisher: Oxford University Press, USA

Expectations, Employment and Prices brings Keynesian economics into the 21st century by providing a new paradigm that explains how high unemployment could potentially persist forever without a little help from the government. The book fills in logical gaps that were missing from Keynes' General Theory of Employment Interest and Money by reconciling some of its key

Overview

Expectations, Employment and Prices brings Keynesian economics into the 21st century by providing a new paradigm that explains how high unemployment could potentially persist forever without a little help from the government. The book fills in logical gaps that were missing from Keynes' General Theory of Employment Interest and Money by reconciling some of its key ideas with modern economic theory. Central bankers throughout the world are talking now about developing a second instrument of monetary policy in addition to controlling the interest rate. Roger Farmer directly addresses this issue and offers new creative monetary policy proposals and suggestions for the design of new financial institutions for the 21st century.

Product Details

ISBN-13:
9780195397901
Publisher:
Oxford University Press, USA
Publication date:
03/31/2010
Edition description:
New Edition
Pages:
208
Product dimensions:
6.30(w) x 9.30(h) x 0.80(d)

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