Involuntary unemployment as a Nash equilibrium and fiscal policy for full employment

DOI10.1142/S0219198921500183zbMATH Open1497.91155OpenAlexW3197172409MaRDI QIDQ5094547FDOQ5094547

Authors: Yasuhito Tanaka 

Publication date: 3 August 2022

Published in: International Game Theory Review (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1142/s0219198921500183

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zbMATH Keywords

overlapping generations modelfiscal policyinvoluntary unemploymentgame theoretic analysis

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Applications of game theory (91A80) Labor markets (91B39)

Cites Work

• The fair wage-effort hypothesis and unemployment
• A welfare economics foundation for the full-employment policy
• The dynamically extended Keynesian cross and the welfare-improving fiscal policy
• Keynesian economics and price theory. Re-orientation of a theory of monetary economy

Cited In (2)

• A welfare economics foundation for the full-employment policy
• Involuntary Unemployment as a Perfect Equilibrium in a Bargaining Model

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