A Post-Keynesian Approach
Edited by Claude Gnos, Louis-Philippe Rochon and Domenica Tropeano
Chapter 5: Faith-based Macroeconomics: A Critique of Recent Developments in NAIRU Estimation
5. Faith-based macroeconomics: a critique of recent developments in NAIRU estimation Dany Lang and Mark Setterfield 1. INTRODUCTION The idea of a non-accelerating inflation rate of unemployment (NAIRU) is a well-established but controversial featu...
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