Unemployment Today in the light of Malinvaud’s theory
AbstractAn important contribution by Malinvaud presents a theory of unemploment not sufficiently considered by modern macroeconomics. This paper employs his theory to explain some features of contemporary unemployment with special reference to Italy. Empirical evidence appears to be in line with the theory.
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Bibliographic InfoPaper provided by University of Turin in its series Department of Economics and Statistics Cognetti de Martiis. Working Papers with number 200501.
Length: 26 pages
Date of creation: Sep 2005
Date of revision:
This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-12-04 (All new papers)
- NEP-HPE-2006-12-04 (History & Philosophy of Economics)
- NEP-MAC-2006-12-04 (Macroeconomics)
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