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. INDICE: 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, andEconomic 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
- ISBN: 978-0-230-23600-4
- Editorial: Palgrave Macmillan
- Encuadernacion: Cartoné
- Páginas: 280
- Fecha Publicación: 09/10/2009
- Nº Volúmenes: 1
- Idioma: Inglés