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3 result(s) for "Naastepad, C. W. M., 1961-"
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Macroeconomics beyond the NAIRU
by Storm, Servaas , Naastepad, C. W. M., 1961- in Natural rate of unemployment. , Macroeconomics. , Monetary policy.
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Macroeconomics Beyond the NAIRU
Macroeconomics Beyond the NAIRU
by Naastepad, C. W. M , Storm, Servaas in BUSINESS & ECONOMICS , BUSINESS & ECONOMICS / Economic Conditions , BUSINESS & ECONOMICS / Economics / Macroeconomics
2012
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.
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Macroeconomics beyond the NAIRU
Macroeconomics beyond the NAIRU
by Storm, Servaas , Naastepad, Carola W. M in Macroeconomics , Monetary policy , Natural rate of unemployment
2012
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