Segmented Labor Markets and the Distributive Cycle: A Roadmap towards Inclusive Growth
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- Greg Hannsgen & Tai Young-Taft, 2015. "Inside Money in a Kaldor-Kalecki-Steindl Fiscal Policy Model: The Unit of Account, Inflation, Leverage, and Financial Fragility," Economics Working Paper Archive wp_839, Levy Economics Institute.
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More about this item
Keywords
distributive cycle; Goodwin model; segmented labor markets; active labor market policy; macroeconomic stability; employer of last resort;All these keywords.
JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E64 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Incomes Policy; Price Policy
- H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs
- J38 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Public Policy
NEP fields
This paper has been announced in the following NEP Reports:- NEP-IUE-2015-03-22 (Informal and Underground Economics)
- NEP-MAC-2015-03-22 (Macroeconomics)
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