Profitability and Unemployment

by Edmond Malinvaud

Book Overview

Discussions of economic policy argue that an adequate level of profitability is a precondition for avoiding future unemployment. This book studies the rationale for this statement. The analysis is built round a simple model of the Harrod-Doman type and extends the study of fixed-price equilibria by considering a dynamic process whose major components are capital accumulation and shifts in income distribution. The Keynesian depression, characterized...

• Format: Paperback
• Language: English
• ISBN: 0521067146
• ISBN13: 9780521067140
• Release Date: June 2008
• Publisher: Cambridge University Press
• Length: 120 Pages
• Weight: 0.27 lbs.
• Dimensions: 0.3" x 5.1" x 7.8"