Dependence and Autonomy: Women's Employment and the Family

Format: Paperback

Language: English

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Size: 7.71 MB

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So the New Keynesian concludes that governmental policy needs to be done to against the short-run inefficiency of market to increase the employment, whereas in the long-run, the market is effective in adjusting itself. That's much better than defense spending. It only creates 8,555 jobs for the same investment. You make something; it doesn't sell; so you cut the price. This explains why most of the long-run effects are larger for violent crime as shown in Figures 3 and 4 and Table 4.

Pages: 192

Publisher: Routledge (December 21, 1990)

ISBN: 0415048397

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