Expectations and Unemployment

John W. Nevile · Peter Kriesler

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Monetary Policy and Economic Impact Economic Theory and Policy Economic theories and models

Abstract

19. Expectations and unemployment J.W. Nevile and Peter Kriesler* INTRODUCTION Expectations have had a prominent role in macroeconomics ever since the publication of Keynes's General Theory. In that book, the word 'expectation' appeared in the tit...

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