Underemployment Equilibria: Essays in Theory, Econometrics and Policy

by Jacques H. Drèze

Book Overview

This book is a selection of Jacques Dr ze's work over the past ten years on the topics of stagflation, lasting unemployment and unused capacity. At the theoretical level, the author has contributed to the formulation and analysis of general equilibrium models that allow for price rigidities and excess supply. These models have interesting macroeconomic implications and lend themselves to econometric implementation. They thus help to pull together...

• Format: Paperback
• Language: English
• ISBN: 0521435242
• ISBN13: 9780521435246
• Release Date: July 1993
• Publisher: Cambridge University Press
• Length: 596 Pages
• Weight: 1.89 lbs.
• Dimensions: 1.4" x 6.0" x 9.0"