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Author
Fløystad Gunnar
Title
Unemployment and Stagflation in the Developed (Rich) Capitalist World
Bezrobocie i stagflacja w wysoko rozwiniętych gospodarczo krajach kapitalistycznych : przyczyny i rozwiązania
Source
Folia Oeconomica Cracoviensia, 1989, vol. 32, s. 159-178, rys., tab., bibliogr. 27 poz.
Keyword
Bezrobocie, Sytuacja gospodarcza, Wzrost gospodarczy, Stagflacja
Unemployment, Economic situation, Economic growth, Stagflation
Note
summ., rez.
Country
Kraje OECD
OECD countries
Abstract
Autor w pierwszej części artykułu krytycznie odnosi się do istniejących w literaturze zachodniej modeli Philipsa, Friedmana, Phelpsa pokazujących związek między tempem wzrostu gospodarczego a rozmiarami bezrobocia i zjawiskami stagflacji. W drugiej części prezentuje własne badania, które pokazują faktyczne związki między analizowanymi wielkościami dla krajów OECD w latach 1970-1984. Równocześnie wyodrębnia przyczyny wywołujące bezrobocie i stagflację w tych krajach oraz możliwości ich przezwyciężenia. (abstrakt oryginalny)

Our analysis has shown that the Keynesian aggregate demand framework and the Phillips curve unemployment-inflation trade-off are still relevant for theory and policy. However, aggregate demand considerations have to be reinterpreted within a broader framework in which aggregate supply shifts plays a much larger role and in which open-economy considerations and mutual interdependence of economies are explicitly taken into account. (fragment of text)
Accessibility
The Main Library of the Cracow University of Economics
The Library of Warsaw School of Economics
The Main Library of Poznań University of Economics and Business
The Main Library of the Wroclaw University of Economics
Bibliography
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ISSN
0071-674X
Language
eng
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