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Palgrave Macmillan

Path Dependency and Macroeconomics

  • Book
  • © 2009

Overview

Editors:
  1. Philip Arestis

    1. Department of Land Economy, University of Cambridge, UK

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    You can also search for this editor in PubMed   Google Scholar

  2. Malcolm Sawyer

    1. Leeds University Business School, University of Leeds, UK

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    You can also search for this editor in PubMed   Google Scholar

Part of the book series: International Papers in Political Economy (IPPE)

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Table of contents (6 chapters)

  1. Front Matter

    Pages i-xi
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  2. Path Dependency and Demand—Supply Interactions in Macroeconomic Analysis

    • Philip Arestis, Malcolm Sawyer
    Pages 1-36

  3. Path Dependency, Hysteresis and Macrodynamics

    • Mark Setterfield
    Pages 37-79

  4. Involuntary Unemployment in a Path-Dependent System: The Case of Strong Hysteresis

    • Dany Lang
    Pages 80-112

  5. Path Dependence, Equilibrium and Economic Growth

    • Amitava Krishna Dutt
    Pages 119-161

  6. Money Wage Rigidity, Monopoly Power and Hysteresis

    • Alfonso Palacio-Vera
    Pages 162-208

  7. The Rise and Fall of Spanish Unemployment: A Chain Reaction Theory Perspective

    • Marika Karanassou, Hector Sala
    Pages 209-254

  8. Back Matter

    Pages 255-261
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Keywords

About this book

This fifth volume in the International Papers in Political Economy (IPPE) series focuses on the theme of path dependency and macroeconomics in terms of both theory and applications. The volume examines how path dependency is linked with notions of fundamental uncertainty, non-ergodicity and hysteresis.

Editors and Affiliations

  • Department of Land Economy, University of Cambridge, UK

    Philip Arestis

  • Leeds University Business School, University of Leeds, UK

    Malcolm Sawyer

About the editors

PHILIP ARESTIS is University Director of Research, Cambridge Centre for Economics and Public Policy, Department of Land Economy, University of Cambridge, UK. He is also Distinguished Adjunct Professor of Economics, University of Utah, US; Senior Scholar, Levy Economics Institute, New York, US; Visiting Professor, University of Leeds, UK; and Professorial Research Associate School of Oriental and African Studies (SOAS), University of London, UK. He has published as sole author or editor, as well as co-author and co-editor, a number of books and papers in academic journals.

MALCOLM SAWYER is Professor of Economics, Leeds University Business School, University of Leeds, UK. He was until recently Pro-Dean for Learning and Teaching for the Faculty of Business, University of Leeds, UK. He is managing editor of International Review of Applied Economics and on the editorial board of a range of journals. He has published widely in the areas of post Keynesian and Kaleckian economics, industrial economics and the UK economy. He has authored 11 books and edited 18, has published over 70 papers in refereed journals and contributed chapters over 100 books.

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