Aggregate Demand and Employment

Contents:

Preface xiv

Introduction: the importance of aggregate demand for full
employment and rising living standards 1
Brian K. MacLean, Hassan Bougrine and Louis-Philippe Rochon

PART I THEORETICAL CONSIDERATIONS
1 Macroeconomic lessons from the past decade 11
J.W. Mason
2 Dualism and economic stagnation: can a policy of guaranteed
basic income return mature market economies to les Trente
glorieuses ? 34
Mario Seccareccia
3 Kaleckian reflections on the wage share in recent
Post-Keynesian controversies 52
Jan Toporowski

PART II MULTI-COUNTRY PERSPECTIVES
4 The fiscal constraints of the Economic and Monetary Union 62
Malcolm Sawyer
5 The failure of development in Latin America 75
Mat.as Vernengo
6 Austerity, unemployment and poverty in developing countries 97
Hassan Bougrine and Louis-Philippe Rochon

PART III COUNTRY STUDIES
7 Full employment in Canada in the early 21st century 116
Lars Osberg
8 Employment in India: aggregate demand and structural
transformations 142
Sunanda Sen
9 Abenomics and the Japanese labour market 156
Brian K. MacLean

Index 179

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• Crescimento econômico
• Macroeconomia
• Emprego e desemprego

Aggregate demand; employment; unemployment; macroeconomics; fiscal policy; monetary policy