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Chock-Full Employment without Increased Inflation: A Proposal for Marketable Markup Warrants

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  • Vickrey, William

Abstract

Collecting Nobel Laureate William S. Vickrey’s articles on macroeconomic theory and policy written towards the end of his career, this volume demonstrates his enduring commitment to full employment and price stability, and his rejection of conventional macroeconomic theorizing. William Vickrey never lost hope that sensible macroeconomic policy could be understood and implemented, a faith inspired by his humanistic vision of a better world for all and his belief that common sense would ultimately prevail.
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  • Vickrey, William, 1992. "Chock-Full Employment without Increased Inflation: A Proposal for Marketable Markup Warrants," American Economic Review, American Economic Association, vol. 82(2), pages 341-345, May.
    • Handle: RePEc:aea:aecrev:v:82:y:1992:i:2:p:341-45
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    Cited by:

    1. Jon D. Wisman & Michael Cauvel, 2021. "Why Has Labor Not Demanded Guaranteed Employment?," Journal of Economic Issues, Taylor & Francis Journals, vol. 55(3), pages 677-696, July.
    2. Roberton Williams, 2002. "Prices vs. Quantities vs. Tradable Quantities," NBER Working Papers 9283, National Bureau of Economic Research, Inc.
    3. Faria, Joao Ricardo, 2001. "Markup, indexation and inflation: a bargaining approach," Economic Modelling, Elsevier, vol. 18(2), pages 313-323, April.
    4. Per Gunnar Berglund, 2001. "Equality and Enterprise: Can Functional Finance Offer a New Historical Compromise?," SCEPA working paper series. 2001-01, Schwartz Center for Economic Policy Analysis (SCEPA), The New School.

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