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  • 1
    Online Resource
    Online Resource
    Cheltenham, U.K : Edward Elgar
    UID:
    kobvindex_INTNLM010895779
    Format: 1 online resource (viii, 214 p) , ill
    ISBN: 9781845421717
    Series Statement: Edward Elgar E-Book Archive
    Content: 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
    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: Includes bibliographical references and index
    Additional Edition: Available in another form ISBN 9781843764106(hardback)
    Additional Edition: ISBN 1843764105
    Additional Edition: ISBN 1843764105
    Additional Edition: ISBN 9781843764106
    Language: English
    URL: FULL  ((Currently Only Available on Campus))
    Library Location Call Number Volume/Issue/Year Availability
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