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full employment
The main aim is to reorient the social scientific perspective from a normativ commitment to full employment to an empirical and analytical attention of people's factual income strategies.
      
During socialism the political leaders sacrified economic efficiency for the sake of the idea of full employment.
      
We use a regularization prescription based on analytical continuation methods which allows full employment of the Epstein function techniques.
      
Her participation in Beveridge's wartime "brains trust" resulted in her Fabian Society pamphlet,Full Employment (1943).
      
The implications of our findings are that the FED was overly cautious in raising interest rates to slow the economy and that the policy of pursuing "full employment" is still viable.
      
The conflict between monetary systems has been acted out according to the single states' collective preference functions, with both full employment and price stability figuring among the weights of said preference functions.
      
The period following the second world war was characterised in The Netherlands by full employment.
      
When they are treating the case of an economy operating at less than full employment macro theorists commonly assume that the aggregate supply function for output is perfectly elastic with respect to the price level.
      
Special attention is given to the Full Employment path.
      
Such pure fiscal policy actions are shown to have long run effects on real variables even in a full employment model.
      
The model shows that changes in the interest rate resulting from monetary or fiscal expansion has indeterminant effects on prices, output, capital flows and liquidity demand for money under conditions of a less than full employment equilibrium.
      
The two standard instruments of short-run demand management cannot achieve the two usual targets, full employment and price stability.
      
As long as the union is fully cooperative and in the absence of shocks, the government can completely attain its macroeconomic targets: full employment and price stability.
      
We present four measures, namely, the utilization rates of labor-optimizing output, capacity (or capital-optimizing) output, full employment output, and potential output.
      
The welfare effects of quotas and VER in the presence of unemployment are compared with those derived in the traditional full employment model.
      
The Full Employment Act of 1946 insitutionalized government deficits as a means of meeting a political objective.
      
We show, contrary to the traditional efficiency wage theory, that in a profit-sharing economy unemployment is no longer a necessary device to induce work effort and, consequently, the labor market equilibrium may be characterized by full employment.
      
Controlling for deviations from full employment, oil price shocks, and the Nixon wage and price controls, the results also provide evidence of significant nominal wage indexation in U.S.
      
Throughout the economy there appears to exist both effective neoclassical wage and price adjustment mechanisms to maintain labor market equilibrium and short-run rigidities which may contribute to deviations from full employment outcomes.
      
Keyserling policy, economic growth and the full employment budget concept
      
 

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