Download or read book Imperfect Competition Underemployment Equilibria and Fiscal Policy written by Marco Pagano and published by . This book was released on 1989 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Imperfect completion Underemployment equilibria and fiscal policy written by M.A. Pagano and published by . This book was released on 1989 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Imperfect Competition and Macroeconomics written by Huw Dixon and published by . This book was released on 1992 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The New Macroeconomics written by Huw David Dixon and published by Cambridge University Press. This book was released on 1995-10-19 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brings together leading researchers from the USA and Europe to examine the literature on the new macroeconomics.
Download or read book Monetary and Fiscal Policy in a Hartian Model of Imperfect Competition written by Neil Rankin and published by . This book was released on 1987 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book How Does Imperfect Competition in the Labor Market Affect Unemployment Policies written by Xavier Wauthy and published by . This book was released on 2001 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book How Does Imperfect Competition in the Labour Market Affect Unemployment Policies written by Xavier Wauthy and published by . This book was released on 2001 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Macroeconomics and Imperfect Competition written by Jean-Pascal Bénassy and published by Edward Elgar Publishing. This book was released on 1995 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: The macroeconomics of imperect competition has become in recent years a most influential paradigm, which many macroeconomists now prefer to the Classical of Keynesian ones, notably because of its clear and rigorous microfoundations. This volume collects and puts into perspective the leading contributions to this important and rapidly expanding field.
Download or read book Imperfect Competition in Product Markets and Labor Markets General Equilibrium and Unemployment written by and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In this thesis it is analyzed if promoting product market competition can help to to fight unemployment in Europe. We have used a general equilibrium model in order to study how reducing mark-ups and increasing productivity in one sector affect aggregate unemployment for an exogenously given minimum real wage. The bottom-line was that product market reforms will help to reduce aggregate unemployment under most circumstances. Modeling a microfoundation of mark-ups, we have demonstrated that different learning abilities of firms with respect to general equilibrium effects lead to different levels of unemployment. If firms, competing a la Cournot, consider only partial equilibrium effects when choosing quantities, the observation of general equilibrium feedbacks will lead to repeated quantity adjustments until a steady state is reached. We have used the above model to show that the impacts of mergers of firms on employment are rather negative. We then have examined wage bargaining between employers and labor unions. We have demonstrated that if agents do hardly consider general equilibrium effects, low real wages and low unemployment results. With an intermediate view, when partial equilibrium effects are taken into account, high real wages and unemployment results. If all general equilibrium effects are incorporated at once, again low real wages and low unemployment results. We thus have obtained a hump-shaped relationship between the extend of feedback effects incorporated by the bargaining parties and real wages or unemployment. Finally the impacts of uneven productivity improvements on employment were shown to generally remain positive when wages are set endogenously by wage bargaining.
Download or read book The Macroeconomics of Imperfect Competition and Nonclearing Markets written by Jean-Pascal Benassy and published by MIT Press. This book was released on 2005-01-14 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, Jean-Pascal Benassy attempts to integrate into a single unified framework dynamic macroeconomic models reflecting such diverse lines of thought as general equilibrium theory, imperfect competition, Keynesian theory, and rational expectations. He begins with a simple microeconomic synthesis of imperfect competition and nonclearing markets in general equilibrium under rational expectations. He then applies this framework to a large number of dynamic macroeconomic models, covering such topics as persistent unemployment, endogenous growth, and optimal fiscal-monetary policies. The macroeconomic methodology he uses is similar in spirit to that of the popular real business cycles theory, but the scope is much wider. All of the models are solved "by hand," making the underlying economic mechanisms particularly clear.
Download or read book Optimal Labor Contracts Imperfect Competition and Underemployment Equilibria written by and published by . This book was released on 1986 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book OECD Working Papers written by and published by . This book was released on 1997 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Introductory Economics written by Arleen J. Hoag and published by World Scientific. This book was released on 2002 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emphasizing fundamental concepts in the study of economics, this textbook features 29 one-topic chapters, yet highlights the relationships between the ideas discussed in the various chapters. Organized around themes like "the economic problem," "price determination," "behind the supply curve," "the level of income," "money," and "trade," the chapters focus on topics like production, demand, supply, market equilibrium, price elasticity, diminishing returns, cost, revenue, profit, perfectly competitive supply, monopoly, imperfect competition, unemployment and inflation, gross domestic product, price indexes, business cycles, consumption and investment, macro equilibrium, government, fiscal policy, monetary tools, and economic policy. Arleen Hoag teaches at Owens Community College. John Hoag teaches at Bowling Green State University. Annotation copyrighted by Book News, Inc., Portland, OR
Download or read book OECD Working Papers written by and published by . This book was released on 1997 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Dollars and Sense written by Marilu Hurt McCarty and published by Pearson Scott Foresman. This book was released on 1976 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book General Equilibrium with Price Making Firms written by T. Marschak and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Motivation. That elegant fiction the competitive equilibrium seems still to dominate the frontiers of theoretical microeconomics. We may think of it in a general way as a state of affairs wherein economic agents, responding "rationally" to annoWlced prices, make choices which are consistent and feasible. The prices may also be described as "taken": for one reason or another the agents who respond to them consider them as given. The existence of such a state, its optimality, its robustness against free bargaining among agents when there are many of them, its Wliqueness, its stability when price displacements evoke specified adjustments--all these issues have been studied, and continue to be studied in a variety of settings. Slowly the equilibrium investigated begins to incorporate public goods, externalities of certain kinds, differences in agents' information, and infinitely many time periods. The appeal of such results need not be belabored: the equilibrium studied may sustain an optimal resource allocation, and when it does it sus tains it in a manner that appears to be informationally efficient and to accord well with individual incentives. Therefore it is important to extend the circumstances under which an equilibrium exists, under which it sustains opti mality, and under which it survives displacements as well as free bargaining among agents.
Download or read book The Insider Outsider Theory of Employment and Unemployment written by Assar Lindbeck and published by Mit Press. This book was released on 1989-11-01 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: An accessible, balanced account of the insider-outsider theory of labor market activity.
