Uncertainty, Macroeconomic Stability and the Welfare State (Alternative Voices in Contemporary Economics) (Routledge Revivals)

by Sven R Larson

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Book cover for Uncertainty, Macroeconomic Stability and the Welfare State

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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.
  • ISBN10 0754617602
  • ISBN13 9780754617600
  • Publish Date 12 February 2002
  • Publish Status Out of Print
  • Out of Print 30 July 2009
  • Publish Country GB
  • Publisher Taylor & Francis Ltd
  • Imprint Ashgate Publishing Limited
  • Format Hardcover
  • Pages 170
  • Language English