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Unemployment in Planned and Capitalist Economies

Author

Listed:
  • Alfred R. Oxenfeldt
  • Ernest van den Haag

Abstract

I. The problem, 43. — II. Capitalist countries tend to favor the deflationary risk; planned economies lean towards inflation, 44. — III. Deflationary unemployment and its cures, 46; depression in capitalist economies, 46; monetary depression in planned economies, 47; real depression in planned economies, 49. — IV. Inflation and employment in capitalist and planned economies, 51; inflation in capitalist economies, 51; monetary inflation in planned economies, 52; real inflation in planned economies, 53. — V. Conclusions, 59.

Suggested Citation

  • Alfred R. Oxenfeldt & Ernest van den Haag, 1954. "Unemployment in Planned and Capitalist Economies," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 68(1), pages 43-60.
    • Handle: RePEc:oup:qjecon:v:68:y:1954:i:1:p:43-60.
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    File URL: http://hdl.handle.net/10.2307/1881917
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