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Full Employment at Whatever Cost

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  • Jacob Viner

Abstract

I. Deficiency of "effective demand" as cause of unemployment, 385. — II. Full employment and inflation, 388. — III. Full employment and economic and political institutions, 392. — IV. Domestic measures to prevent unemployment, 393. — V. International disequilibrium, 396. — VI. Harmonization of foreign trade targets, 400. — VII. Stabilization of international investment, 401. — VIII. Stabilization of international trade, 404. — IX. Final comments, 407.

Suggested Citation

  • Jacob Viner, 1950. "Full Employment at Whatever Cost," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 64(3), pages 385-407.
    • Handle: RePEc:oup:qjecon:v:64:y:1950:i:3:p:385-407.
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    Cited by:

    1. Monika Jain, 2021. "Was India Right in Not Joining RCEP? A Cost–Benefit Analysis," India Quarterly: A Journal of International Affairs, , vol. 77(4), pages 542-559, December.
    2. Ghosh, Sucharita & Yamarik, Steven, 2004. "Are regional trading arrangements trade creating?: An application of extreme bounds analysis," Journal of International Economics, Elsevier, vol. 63(2), pages 369-395, July.
    3. Diao, Xinshen & Somwaru, Agapi, 2000. "An Inquiry on General Equilibrium Effects of MERCOSUR--An Intertemporal World Model," Journal of Policy Modeling, Elsevier, vol. 22(5), pages 557-588, September.
    4. Hinojosa-Ojeda, Raul A. & Robinson, Sherman & De Paolis, Fernando, 1999. "Regional integration among the unequal: a CGE model of NAFTA and the Central American republics," The North American Journal of Economics and Finance, Elsevier, vol. 10(1), pages 235-292.
    5. Hetzel, Robert, 2021. "Will the Pandemic Bulge in Money Cause High Inflation?," Studies in Applied Economics 180, The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise.
    6. Simon Yannick Fouda Ekobena & Adama Ekberg Coulibaly & Mama Keita & Antonio Pedro, 2021. "Potentials of the African Continental Free Trade Area: A combined partial and general equilibrium modeling assessment for Central Africa," African Development Review, African Development Bank, vol. 33(3), pages 452-465, September.
    7. Tareg Ghazi Alghabbabsheh & Saleh Saud AlSaif & Md Saiful Islam & Tareq Saeed AlShammari & Ali M A Mahmoud, 2022. "Have Bilateral Free Trade Agreements (BFTAs) been beneficial? Lessons learned from 11 U.S. BFTAs between 1992 and 2017," PLOS ONE, Public Library of Science, vol. 17(4), pages 1-21, April.
    8. Tao Jiang & Yizhu Hu & Fazli Haleem & Shaolong Zeng, 2023. "Do Digital Trade Rules Matter? Empirical Evidence from TAPED," Sustainability, MDPI, vol. 15(11), pages 1-19, June.

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