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Income Distribution, Growth and Unemployment: A Complex Dynamic Approach (New Directions in Modern Economics) - Hardcover

Ferri, Piero

 
9781802206005: Income Distribution, Growth and Unemployment: A Complex Dynamic Approach (New Directions in Modern Economics)
Hardcover
ISBN 10: 1802206000 ISBN 13: 9781802206005
Verlag: Edward Elgar Publishing Ltd, 2022

Inhaltsangabe

Piero Ferri expertly broadens the analysis of the canonical growth cycle approach by presenting a Minsky–Harrod model, examining how the relationship between income distribution, growth and unemployment becomes increasingly complex. Exploring this new technique to generate a process of growth, based not only on history but disequilibrium, he investigates the current income distribution debate further and the challenges it faces.



Written in a succinct yet comprehensive style, Piero Ferri begins by addressing the basic principles, followed by an in-depth look at growth cycle models and how the Minsky–Harrod integrated model would help to unravel the current complexities. The empirical analysis reaches insightful conclusions by justifying the existence of a variety of results and by studying the distributive loop in a dynamic context which is prone to instability.



Teachers of macroeconomics and scholars will find this an invaluable read and will benefit from the practical study and results. Researchers interested in labour economics and political economy will also find this a thought-provoking book.

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Über die Autorin bzw. den Autor

Piero Ferri, Professor Emeritus of Economics, University of Bergamo, Italy

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Verlag
Edward Elgar Publishing Ltd
Erscheinungsdatum
2022
Sprache
Englisch
ISBN 10 
1802206000
ISBN 13 
9781802206005
Einband
Gebundene Ausgabe
Anzahl der Seiten
247
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Verantwortliche Person
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