One distinction between this model and the standard neoclassical synthesis model is that its long-run equilibrium rate of unemployment is some constant, rather than at a particular exogenously specified full employment rate.12 The reason why this model does not result in an exogenously-specified unique unemployment rate is that it assumes that investment changes as a result of changes in—and not levels of—the unemployment rate
การแปล กรุณารอสักครู่..
