Macroeconomics Beyond the NAIRU - Servaas Storm - Books - Harvard University Press - 9780674062276 - January 2, 2012
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Servaas Storm
Macroeconomics Beyond the NAIRU

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The authors make a strong case that a stable non-accelerating inflation rate of unemployment (NAIRU), independent of macroeconomic policy, does not exist. Consequently, government decisions based on the NAIRU are not only misguided but have huge and avoidable social costs, namely, high unemployment and sustained inequality.

304 pages, 27 graphs, 27 tables

Media Books     Hardcover Book   (Book with hard spine and cover)
Released January 2, 2012
ISBN13 9780674062276
Publishers Harvard University Press
Pages 304
Dimensions 163 × 236 × 24 mm   ·   564 g
Language English  

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