© 2009

Path Dependency and Macroeconomics

  • Philip Arestis
  • Malcolm Sawyer

Part of the International Papers in Political Economy Series book series (IPPE)

Table of contents

  1. Front Matter
    Pages i-xi
  2. Mark Setterfield
    Pages 37-79
  3. Amitava Krishna Dutt
    Pages 119-161
  4. Alfonso Palacio-Vera
    Pages 162-208
  5. Back Matter
    Pages 255-261

About this book


This fifth volume in the International Papers in Political Economy (IPPE) series focuses on the theme of path dependency and macroeconomics in terms of both theory and applications. The volume examines how path dependency is linked with notions of fundamental uncertainty, non-ergodicity and hysteresis.


economic growth growth macroeconomics money political economy unemployment

Editors and affiliations

  • Philip Arestis
    • 1
  • Malcolm Sawyer
    • 2
  1. 1.Department of Land EconomyUniversity of CambridgeUK
  2. 2.Leeds University Business SchoolUniversity of LeedsUK

About the editors

PHILIP ARESTIS is University Director of Research, Cambridge Centre for Economics and Public Policy, Department of Land Economy, University of Cambridge, UK. He is also Distinguished Adjunct Professor of Economics, University of Utah, US; Senior Scholar, Levy Economics Institute, New York, US; Visiting Professor, University of Leeds, UK; and Professorial Research Associate School of Oriental and African Studies (SOAS), University of London, UK. He has published as sole author or editor, as well as co-author and co-editor, a number of books and papers in academic journals.

MALCOLM SAWYER is Professor of Economics, Leeds University Business School, University of Leeds, UK. He was until recently Pro-Dean for Learning and Teaching for the Faculty of Business, University of Leeds, UK. He is managing editor of International Review of Applied Economics and on the editorial board of a range of journals. He has published widely in the areas of post Keynesian and Kaleckian economics, industrial economics and the UK economy. He has authored 11 books and edited 18, has published over 70 papers in refereed journals and contributed chapters over 100 books.

Bibliographic information

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