Question One What are the key theoretical differences between the mainstream/New Keynesian and the Post-Keynesian theory
Posted: Sun May 08, 2022 9:18 am
Question One What are the key theoretical differences between the mainstream/New Keynesian and the Post-Keynesian theory of medium run unemployment indicated by the NAIRU (non-accelerating inflation rate of unemployment)? What are the key policy implications of these theories in tackling unemployment?