Unemployment : a disequilibrium approach
Author(s)
Bibliographic Information
Unemployment : a disequilibrium approach
（Modern revivals in economics）
Gregg Revivals, 1993
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Note
Reprint. Originally published:Oxford : M. Robertson , 1981
Includes index
Description and Table of Contents
Description
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.
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