Titlebook: Issues in Contemporary Economics; Volume 2: Macroecono Marc Nerlove Book 1991 International Economic Association 1991 econometrics.Keynes.l

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2662-6330 quilibrium associated with the development of the European Community. Part 3 on econometrics deals particularly with the use of survey data and microeconomic theory to analyse decisions important to the understanding of macroeconomic fluctuations and expectation formation.978-1-349-11576-1Series ISSN 2662-6330 Series E-ISSN 2662-6349

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起草

Testing Keynesian Unemployment Theory against Structuralist Theory: Global Evidence of the Past Two an. It derives from (among others) Keynes, Hicks, Tobin, Patinkin, the ‘natural rate’, and either a ‘new microeconomics’ apparatus without rational expectations or a New Keynesian apparatus compatible with rational expectations in order to generate inappropriate responses or inertia in nominal wages

OREX

Unemployment Through Learning from Experiencertainty in the labour market, it may be in their interests to formulate their wage claims with a view to the information thereby revealed, in order to make more informed wage claims in the future. This learning behaviour can have an important by-product: unemployment. Our analysis shows how the proc

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Modicum

Two Tools for Analysing Unemployment where, on average, 7 per cent of the labour force goes in or out of employment each month. It is also true of Western Europe. Even during the depressed 1980s, the monthly movement in and out of unemployment has been equal on average to 4 per cent of the labour force in the UK, 2.5 per cent in Franc

从容

The Potential Duration of Unemployment Benefits and the Duration of Unemployment) have suffered much larger and more persistent increases in unemployment in the 1980s than has the USA. These differences in West European and US unemployment experience are largely explained by the substantially longer duration of unemployment spells in Europe. Furthermore, much microeconomic evid

Metamorphosis

The European Monetary System Ten Years On: The System’s Architecture, Problems and Perspectives6), have convinced me that a system of fixed exchange rates that can be adjusted discretely, and which therefore offers substantial opportunities for speculative profits, will be difficult to maintain under conditions of complete capital mobility, even with unlimited very short-term reciprocal lines

LASH

European Integration and Regional Development Policy in Portugal can accentuate existing imbalances, while on the other, integration into the community has provided Portugal with an opportunity to redress various imbalances and improve economic performance within a relatively short time-span.

Trochlea

Price Elasticities from Survey Data: Extensions and Indonesian Resultsveloping countries, there are typically rather few time series data from which price elasticities can be inferred. By contrast, cross-sectional household expenditure surveys are available for many LDCs. In Deaton (1986, 1987) I developed a methodology for using such household survey data to detect s