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This title was first published in 2002: This monograph sets out to model a macroeconomy that is inherently unstable because of qualitative - or Keynesian - uncertainty. By modelling a macroeconomic theory, this approach to fixed or sticky prices also investigates the link between uncertainty, sticky prices, and macro-stability - by suggesting that such prices improve economic activity rather than impeding it.
- Format: Pocket/Paperback
- ISBN: 9781138724891
- Språk: Engelska
- Antal sidor: 150
- Utgivningsdatum: 2020-12-31
- Förlag: Routledge