Economic Perspectives

An introduction to U.S. macroeconomic policy issues, such as how we use monetary and fiscal policies to promote economic growth, low unemployment, and low inflation.

Showing posts with label Keynesian unemployment. Show all posts
Showing posts with label Keynesian unemployment. Show all posts
Monday, September 15, 2008

Cyclical (Keynesian) Unemployment

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Cyclical (Keynesian) unemployment is the deviation of unemployment from its natural rate. The natural rate of unemployment (5.5%) is the nor...
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Friday, September 12, 2008

Types of Unemployment and their Remedies

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Types of Unemployment and their Remedies There are three major types of unemployment: frictional, structural, and cyclical (Keynesian).
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JOHN BUCK
Jacksonville, Florida
I am a professor of economics at Jacksonville University, where I teach courses in introductory economics, comparative economic development, and globalization. I use this blog to keep in touch with my current and former students. Teachers and students at other schools, as well as others interested in economic issues, are welcome to use this resource.
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