Neutrality and Full Employment

John Weeks
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John Weeks: Middlebury College

Chapter 8 in A Critique of Neoclassical Macroeconomics, 1989, pp 113-128 from Palgrave Macmillan

Abstract: Abstract In the previous three chapters four versions of the neoclassical macro model were presented, along with a running critique. In this chapter a synthesis of the various critiques is provided by focusing upon the neutrality of money and full employment. The discussion is more easily followed by first providing a concise summary of the central features of the various models previously considered, found in Table 8.1.

Keywords: Labour Market; Interest Rate; Capital Stock; Money Supply; Excess Demand (search for similar items in EconPapers)
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-20296-6_8

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DOI: 10.1007/978-1-349-20296-6_8

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