In a most recent textbook on employment theory (Landmann/Jerger 1999), there is no mention of a distinct post Keynsian employment theory. This is the more surprising as the post Keynesian employment theory offers a truly macro-economic approach to the determination of the aggregate level of employment in an economy (with sets it apart from most neo-classical labour market theories) without lacking a comprehensive micro-economic foundation (as was the case with standard Keynesian employment theory). This paper intends to give a textbook-like survey of the principals of such a post Keynesian theory of employment and derives some principles for the impact of (nominal) wage policy on employment. (author's abstract) / Series: Department of Economics Working Paper Series
| Identifer | oai:union.ndltd.org:VIENNA/oai:epub.wu-wien.ac.at:epub-wu-01_154 |
| Date | January 2000 |
| Creators | Heise, Arne |
| Publisher | Inst. für Volkswirtschaftstheorie und -politik, WU Vienna University of Economics and Business |
| Source Sets | Wirtschaftsuniversität Wien |
| Language | German |
| Detected Language | English |
| Type | Paper, NonPeerReviewed |
| Format | application/pdf |
| Relation | http://epub.wu.ac.at/1246/ |
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