Imperfect Competition and the Trade Cycle: Aborted Guidelines from the Late 1930s
回顾了二战前夕关于工资和价格周期行为的研究，指出凯恩斯和哈罗德关于实际工资逆周期性的观点被邓洛普和塔希斯质疑，一个整合宏观经济学与不完全竞争的研究计划被中断，但其核心思想直到20世纪80年代才在新凯恩斯主义中重现。
The cyclical behavior of wages and prices was a central topic in trade cycle analysis on the eve of the Second World War. Keynes and Harrod independently referred in the same year to the supposed countercyclicality of real wages, a feature that was contested soon after, on empirical grounds, by Dunlop and Tarshis. An ambitious research program integrating macroeconomics and imperfect competition was elaborated to reconcile theory and observations, but was suddenly discontinued. This program was sufficiently ripe to include the main ingredients of the New Keynesian research program, which was only put forth in the 1980s.