underemployment equilibrium
1Underemployment Equilibrium — A condition where underemployment in an economy is persistently above the norm and has entered an equilibrium state. This, in turn, is a result of the unemployment rate being consistently above the natural rate of unemployment or non accelerating …
2Underemployment equilibrium — In Keynesian economics, underemployment equilibrium refers to a situation with a persistent shortfall relative to full employment and potential output so that unemployment is higher than at the NAIRU or the natural rate of unemployment. This… …
3Underemployment — refers to an employment situation that is insufficient in some important way for the worker, relative to a standard.[1] Examples include holding a part time job despite desiring full time work, and overqualification, where the employee has… …
4Equilibrium — is the condition of a system in which competing influences are balanced and it may refer to:cienceBiology* Equilibrioception, the sense of balance present in humans and animals * Homeostasis, the ability of an open system, especially living… …
5Economic equilibrium — Price of market balance: P price Q quantity of good S supply D demand P0 price of market balance A surplus of demand when P<P0 B surplus of supply when P>P0 In economics, economic equilibrium is a state of the world where economic forces… …
6Keynesian economics — Economics …
7Marginal propensity to consume — In economics, the marginal propensity to consume (MPC) is an empirical metric that quantifies induced consumption, the concept that the increase in personal consumer spending (consumption) occurs with an increase in disposable income (income… …
8Coordination failure (economics) — Models of coordination failure can have multiple equilibria. In this example a representative firm ei makes its output decisions based on the average output of other firms (e*). When the representative firm produces as much as the average firm… …
9Effective demand — In economics, effective demand in a market is the demand for a product or service which occurs when purchasers are constrained in a different market. It contrasts with notional demand, which is the demand that occurs when purchasers are not… …
10Alvin Hansen — Alvin Harvey Hansen (23 août 1887, Viborg, Dakota du Sud 1975) est un économiste américain qui importa les idées keynésienne aux États Unis (il fut pour cela surnommé le « Keynes américain »). Professeur d économie à Harvard, il est un… …
