Sven R. Larson
Ashgate
Hardback
174
2002
This is the first monograph of its kind to attempt to model something that has not been thoroughly addressed before by economists, i.e. a macro-economy that is inherently unstable because of qualitative ? or Keynesian ? uncertainty. This innovative approach to fixed or sticky prices ? suggesting that they improve, rather than impede, economic activity ? also investigates the link between uncertainty, sticky prices and macro stability