Path dependency and macroeconomics
Author(s)
Bibliographic Information
Path dependency and macroeconomics
（International papers in political economy series）
Palgrave Macmillan, 2009
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Note
Includes bibliographical references and index
Description and Table of Contents
Description
This fifth volume in the International Papers in Political Economy (IPPE) series focuses on the theme of path dependency and macroeconomics in terms of both theory and applications. The volume examines how path dependency is linked with notions of fundamental uncertainty, non-ergodicity and hysteresis.
Table of Contents
- Preface Path Dependence and Demand-Supply Interactions in Macroeconomic Analysis
- P. Arestis & M. Sawyer Path Dependency, Hysteresis and Macrodynamics
- M. Setterfield Involuntary Unemployment in a Path Dependent System: The Case of Strong Hysteresis
- D. Lang Path Dependence, Equilibrium, and Economic Growth
- A. Dutt Money Wage Rigidity, Monopoly Power and Hysteresis
- A. Palacia-Vera The Rise and Fall of Spanish Unemployment: A Chain Reaction Theory Perspective
- M. Karanassou & H. Sala
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