Théorie keynésienne et théorie structuraliste du chômage: analyse des vingt dernières années.

摘要

Contemporary Keynesian theory sees the unemployment rate as driven by shocks to aggregate demand and ply, and attracted back to some equilibrium, or natural, rate. The latter is exogenous : either autonomous or, if path-dependent, predetermined. Fiscal stimuli to demand are expansionary via velocity. "Structuralist" theory also sees unemployment as tending toward an equilibrium path, but views the equilibrium rate (and associated real wage) as a function of current wealth and relative prices (including the real interest rate), which are in turn a function of the structure of the economy, including the structure of demand and perhaps past history.