The buffer stock employment model and the NAIRU: the path to full employment. (Non-Accelerating Inflation Rate of Unemployment): An article from: Journal of Economic Issues
Book Details
Author(s)William F. Mitchell
ISBN / ASINB0009898TM
ISBN-13978B0009898T2
AvailabilityAvailable for download now
Sales Rank99,999,999
MarketplaceUnited States 🇺🇸
Description
This digital document is an article from Journal of Economic Issues, published by Association for Evolutionary Economics on June 1, 1998. The length of the article is 3857 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: Eliminating unemployment is a complex process, as any effort to achieve full employment would trigger inflation. The Buffer Stock Employment (BSE) model is proposed as a strategy of achieving full employment that guarantees price stability. A cost analysis of the performance of the BSE in the UK, US and Australia shows that BSE causes a low dent on the gross domestic product. Moreover, an increase in unemployment is attributed to low budget deficits, thereby making the problem a macroeconomic concern.
Citation Details
Title: The buffer stock employment model and the NAIRU: the path to full employment. (Non-Accelerating Inflation Rate of Unemployment)
Author: William F. Mitchell
Publication:Journal of Economic Issues (Refereed)
Date: June 1, 1998
Publisher: Association for Evolutionary Economics
Volume: v32 Issue: n2 Page: p547(9)
Distributed by Thomson Gale
From the supplier: Eliminating unemployment is a complex process, as any effort to achieve full employment would trigger inflation. The Buffer Stock Employment (BSE) model is proposed as a strategy of achieving full employment that guarantees price stability. A cost analysis of the performance of the BSE in the UK, US and Australia shows that BSE causes a low dent on the gross domestic product. Moreover, an increase in unemployment is attributed to low budget deficits, thereby making the problem a macroeconomic concern.
Citation Details
Title: The buffer stock employment model and the NAIRU: the path to full employment. (Non-Accelerating Inflation Rate of Unemployment)
Author: William F. Mitchell
Publication:Journal of Economic Issues (Refereed)
Date: June 1, 1998
Publisher: Association for Evolutionary Economics
Volume: v32 Issue: n2 Page: p547(9)
Distributed by Thomson Gale
