I'm reading an economics book, based on another book by English autors called Wendy Carlin & David Soskice (macroeconomics). The book I'm reading it's basically the same, so another version. It's the keynesian economic rules, and other models assuming some technical things about the "macroeconomic" way of life, considering nations and law...
Does anybody have read something about WS, PS and NAIRU models? What do you think?
What do WS and PS stand for? I don't know too much about the NAIRU model, but I would suggest reading Out of Work, which is probably one of the best books on the economics of unemployment.