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.
Book Information
ISBN 9781138724891
Author Sven Larson
Format Paperback
Page Count 150
Imprint Routledge
Publisher Taylor & Francis Ltd
Weight(grams) 453g