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Czasopismo
2004 | nr 11-12 | 49--68
Tytuł artykułu

Keynesistowskie teorie histerezy

Autorzy
Warianty tytułu
Keynesian Theories of Hysteresis
Języki publikacji
PL
Abstrakty
Celem artykułu jest przybliżenie idei tkwiącej u podstaw modeli histerezy, poprzez prezentację ich podstawowej struktury i zasadniczych implikacji. Część pierwsza została poświęcona charakterystyce modelu insider-outsider autorstwa Blancharda i Summersa. Część druga przedstawia model ubytku kapitału rzeczowego Carlin i Soskice'a. Część trzecia dotyczy modelu ubytku kapitału ludzkiego Layarda, Nickella i Jackmana. Ostatnia część zawiera uwagi na temat adekwatności keynesisowskich koncepcji histerezy zarówno w aspekcie praktycznym, jak i teoretycznym.
EN
In the 1980s, a very sharp rise in unemployment rates was recorded in Europe. In accordance with the dominating monetarist view, that phenomenon was explained by the impact of real factors, like trade union activity and increased financial protection of the unemployed. By the same token, a thesis that demand-related factors were irrelevant and having only a short-term effect on unemployment was advocated. Nevertheless, numerous empirical studies did not confirm the occurrence of sudden adverse changes to real factors blamed for labour market developments in Europe. Consequently, neo-keynesianists came up with a supposition that the NAIRU - the non-accelerating inflation rate of unemployment (or the natural rate) may depend on past levels of the market equilibrium rate. This way the concept of hysteresis has been devised, according to which the NAIRU (the natural rate) may change not only and exclusively due to the impact of real factors, but also due to aggregate demand fluctuations. (original abstract)
Czasopismo
Rocznik
Numer
Strony
49--68
Opis fizyczny
Twórcy
Bibliografia
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Typ dokumentu
Bibliografia
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Identyfikator YADDA
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