Arnold, L .G. (1997). Stability of the Steady-State Equilibrium in the Uzawa-Lucas Model: A Simple Proof. Zeitschrift für Wirtschafts- und Sozialwissenschaften, 117 ...
Discover the concept of underemployment equilibrium in economics, its effects on unemployment rates, and why it persists. Explore Keynesian insights into economic downturns.
Interest rates during the current economic recovery have been unusually low. Some have argued that yields have been pushed down by declines in longer-run expectations of the normal inflation-adjusted ...
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