Economics, Econometrics and Finance
8 years ago

New Study Unites Classical and Keynesian Theories, Revolutionizing Employment Outlook

The Quarterly Journal of Economics
Classical and Keynesian Employment Theories: A Reconciliation
Edgar O. Edwards

Paper Summary

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The article "Classical and Keynesian Employment Theories: A Reconciliation" aims to merge two different theories about employment. The researchers in the study looked at classical and Keynesian theories to find common ground. They discovered that both theories have valuable insights and can be reconciled to provide a more comprehensive understanding of employment dynamics.