Download E-books Path Dependency and Macroeconomics (International Papers in Political Economy) PDF

By Philip Arestis, Malcolm Sawyer

This 5th quantity within the foreign Papers in Political economic system (IPPE) sequence specializes in the subject of course dependency and macroeconomics by way of either conception and purposes. The volume examines how course dependency is associated with notions of primary uncertainty, non-ergodicity and hysteresis.

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