Income Distribution, Growth and Unemployment - A Complex Dynamic Approach (Hardcover)

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.

General

Imprint:	Edward Elgar Publishing Ltd
Country of origin:	United Kingdom
Series:	New Directions in Modern Economics series
Release date:	March 2022
Authors:	Piero Ferri
Dimensions:	234 x 156 x 20mm (L x W x T)
Format:	Hardcover
Pages:	264
ISBN-13:	978-1-80220-600-5
Categories:	Books > Business & Economics > Economics > Macroeconomics > General Books > Business & Economics > Economics > Labour economics > Employment & unemployment
LSN:	1-80220-600-0
Barcode:	9781802206005

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