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Unemployment and Growth: Putting Unemployment into Post Keynesian Growth Theory

Authors :
Thomas I. Palley
Source :
Review of Political Economy. 31:194-215
Publication Year :
2019
Publisher :
Informa UK Limited, 2019.

Abstract

Post Keynesian (PK) growth models typically fail to model unemployment. That shows up in the absence of an equilibrium condition requiring the growth of employment to equal labor-supply gro...

Details

ISSN :
14653982 and 09538259
Volume :
31
Database :
OpenAIRE
Journal :
Review of Political Economy
Accession number :
edsair.doi...........ce21e6cf310efc386d1ce2e2cde9db21