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Readings in Economics

The years between 1940 and 1960 in Chile were marked by economic stagnation. Urban migration, reflecting this economic decay, as well as demographic conditions, are the subject of this study. The work attempts to coordinate the record of Chile's economic development with an account of its concomitant internal migration. In particular, shifts in urban population and changes in the structure of the labor force are explored in an attempt to understand the role of migration.

The last decade has seen an important extension of the theory of international trade to include imperfectly competitive market structures. This book collects 19 of the most influential articles on trade with imperfect competition, providing ready access to current research by top-level economists.

Coordination Failures and Real Rigidities

These two volumes bring together a set of important essays that represent a "new Keynesian" perspective in economics today. This recent work shows how the Keynesian approach to economic fluctuations can be supported by rigorous microeconomic models of economic behavior. The essays are grouped in seven parts that cover costly price adjustment, staggering of wages and prices, imperfect competition, coordination failures, and the markets for labor, credit, and goods.

Imperfect Competition and Sticky Prices