A simple model of Keynesian unemployment

DOI10.1111/J.1467-999X.2009.04055.XMaRDI QIDQ3550897zbMATH OpenFDO

Authors Tetsuya Nakajima

Publication date 7 April 2010

Published in Metroeconomica (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1111/J.1467-999X.2009.04055.X

Mathematics Subject Classification ID

General equilibrium theory (91B50) Macroeconomic theory (monetary models, models of taxation) (91B64)

Recommendations

• Tobin's ``Keynesian models of recessions and depression revisited
• Keynes' wage-price dynamics
• Imperfect competition and the Keynesian cross
• The Role of Fiscal Policy in an Incomplete Markets Framework
• ENTRY AND EXIT OF FIRMS AND UNDEREMPLOYMENT EQUILIBRIUM

Cites work

• A Disequilibrium Rational Expectations Model with Walrasian Prices and Involuntary Unemployment
• Coordinating Coordination Failures in Keynesian Models
• Imperfect competition and the Keynesian cross
• IS-LM and the multiplier: a dynamic general equilibrium model

Cited in

(7)

• Keynesian economics without the Phillips curve
• Tobin's ``Keynesian models of recessions and depression revisited
• ENTRY AND EXIT OF FIRMS AND UNDEREMPLOYMENT EQUILIBRIUM
• The Role of Fiscal Policy in an Incomplete Markets Framework
• Keynes' wage-price dynamics
• A new Keynesian model with unemployment: The effect of on‐the‐job search
• Fiscal policies in a general equilibrium model with persistent unemployment

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