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Why Cutting Real Wages Will Not Necessarily Reduce Unemployment—Keynes and the “Postulates of the Classical Economics”

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  • John S. L. McCombie

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  • John S. L. McCombie, 1985. "Why Cutting Real Wages Will Not Necessarily Reduce Unemployment—Keynes and the “Postulates of the Classical Economics”," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 8(2), pages 233-248, December.
    • Handle: RePEc:mes:postke:v:8:y:1985:i:2:p:233-248
    DOI: 10.1080/01603477.1985.11489562
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    References listed on IDEAS

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    1. Victoria Chick, 1983. "Macroeconomics after Keynes: A Reconsideration of the General Theory," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262530457, April.
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    Cited by:

    1. Altman, Morris, 2006. "Involuntary unemployment, macroeconomic policy, and a behavioral model of the firm: Why high real wages need not cause high unemployment," Research in Economics, Elsevier, vol. 60(2), pages 97-111, June.

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