Mark Casson critically examines the postulates of disequilibrium theory, as originally set out by Clower and by Barro and Grossman, and identifies two key issues. The first is the rationale for nominal wage and price stability; the second is the role of profits in disequilibrium.
- ISBN10 0855204389
- ISBN13 9780855204389
- Publish Date 20 August 1981
- Publish Status Out of Print
- Out of Print 11 April 1995
- Publish Country GB
- Publisher John Wiley and Sons Ltd
- Imprint Wiley-Blackwell (an imprint of John Wiley & Sons Ltd)
- Format Hardcover
- Pages 263
- Language English