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Uncertainty, Macroeconomic Stability and the Welfare State

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A01=Sven Larson
Author_Sven Larson
Balanced Budget Requirement
Cash Flow Contracting
Cash Flow Relations
Cash Inflow
Category=JB
Category=KCB
Church Bonds
collective economic stability
Consumer Confidence
demand and supply dynamics
economic modelling
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
Ergodic Process
Flexible Prices
Forward Price
Forward Prices
Keynesian
Keynesian uncertainty
Law Enforcement Tax
Lm Curve
Lump Sum Tax
Macroeconomic Uncertainty
Macroeconomy
Monetary Production Economy
Money Price
Option Strike Price
Poor Constituency
Post Keynesian Methodology
Precautionary Saving
price rigidity effects
Price Stickiness
Prices
Spot Price
Sticky
sticky price theory
Sticky Prices
uncertainty in macroeconomic policy
Vice Versa
Violent Instability

Product details

  • ISBN 9781138724891
  • Weight: 320g
  • Dimensions: 154 x 220mm
  • Publication Date: 31 Dec 2020
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Paperback
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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.

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