1st Edition

Economic Breakthrough and Recovery Theory and Policy

320 Pages
by Routledge

320 Pages
by Routledge

320 Pages
by Routledge

This study of macroeconomics combines treatment of opposing theories with a presentation of evidence to point the way toward a reconstructed macro research and policy programme.

Foreword: Economic Breakdown and Recovery Preface to the 1994, Preface to the 1990 Edition PART I FRAMEWORK Introduction I: Framework How should we do Macroeconomics? 2 The Evolutionary Nature of Twentieth-century Capitalism 3 A Reappraisal of Vertical Phillips Curve Analysis 4 Some Basic Determinants of Unemployment 5 Macroeconomic Performance and Institutions 6 Econometric Tests of Institutional Influences PART II BREAKDOWN 7 Unemployment Performance since the Breakdown 8 High Inflation and Policy-Induced High Unemployment 9 Explaining the Breakdown 10 A Model of Long-run Mass Unemployment PART III RECOVERY Introduction III: Recovery III. 1 Introduction III.2 Outline of Part III 11 The Boom of the 1980s and its Aftermath 12 A Program for Economic Recovery In the United States 13 Choosing the Future

Biography

Jeffrey R Cornwall, David C. Colander