Structure and Involuntary Unemployment

Jean-Paul Fitoussi and Nicholas Georgescu-Roegen
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Nicholas Georgescu-Roegen: Universite Louis Pasteur and Vanderbilt University

Chapter 8 in Unemployment in Western Countries, 1980, pp 206-277 from Palgrave Macmillan

Abstract: Abstract It is therefore misleading to reason on aggregative equilibrium as if it displayed the factors which initiate change and as if disturbance in the economic system as a whole could arise only from those aggregates.

Keywords: Production Unit; Excess Demand; Labour Power; Daily Output; Walrasian Equilibrium (search for similar items in EconPapers)
Date: 1980
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Working Paper: Structure and involuntary unemployment (1979)
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DOI: 10.1007/978-1-349-16407-3_8

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