UID:
edocfu_9958373186702883
Format:
1 online resource (viii, 214 p.) :
,
ill.
ISBN:
9781845421717 (e-book)
Series Statement:
New directions in modern economics
Content:
This book offers a long overdue and refreshing Keynesian approach to the rise of European unemployment. It critically discusses the NAIRU theory and presents econometric evidence to assess the relative importance of capital investment and labor market institutions. The author also explores the reasons for the slowdown in capital accumulation, and is able to establish a clear link between changes in the financial sector, changes in corporate governance and investment expenditures.
Note:
1. The rise of unemployment in Europe : a synopsis -- 2. Profits and unemployment : is there an equilibrium rate of unemployment in the long run? -- 3. The NAIRU theory, the NAIRU story and Keynesian approaches -- 4. Explaining the rise in European unemployment : an evaluation of the NAIRU story and a Keynesian approach -- 5. Financialization, shareholder value and the theory of the firm : financialization and management priorities -- 6. Financialization and the slowdown of capital accumulation -- 7. Policy conclusions.
Additional Edition:
ISBN 9781843764106 (hardback)
Additional Edition:
ISBN 1843764105
Language:
English
Keywords:
Electronic books.
URL:
https://www.elgaronline.com/view/1843764105.xml
