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Consumption Structure And Macroeconomics
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Book Synopsis Consumption Structure and Macroeconomics by : Reto Foellmi
Download or read book Consumption Structure and Macroeconomics written by Reto Foellmi and published by Springer Science & Business Media. This book was released on 2006-03-30 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a novel perspective that allows to incorporate changing consumption and production structure into models of economic growth. Starting from the empirical observation that income and consumption structure are closely related, it develops a tractable theoretical framework which enables to analyze macroeconomic models consistent with these empirical facts. As a result, central macroeconomic phenomena are better understood: the reasons behind long-run growth, structural change, and the influence of inequality on innovations and growth.
Book Synopsis Consumption Structure and Macroeconomics by : Reto Föllmi
Download or read book Consumption Structure and Macroeconomics written by Reto Föllmi and published by . This book was released on 2005 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Consumption and Growth by : Davide Gualerzi
Download or read book Consumption and Growth written by Davide Gualerzi and published by Edward Elgar Publishing. This book was released on 2001 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: The theme of this book is the frequently overlooked relationship between consumption and growth. Taking Schumpeter's view on economic development as a starting point, the author proposes an original framework for the analysis of consumption patterns as an element of growth in advanced market economies.
Book Synopsis Weekly Weather and Crop Bulletin by :
Download or read book Weekly Weather and Crop Bulletin written by and published by . This book was released on 1994 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Internal Structure of U. S. Consumption Expenditures by : Lester D. Taylor
Download or read book The Internal Structure of U. S. Consumption Expenditures written by Lester D. Taylor and published by Springer Science & Business Media. This book was released on 2013-10-09 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Usually, when we consider the information that is given in a household budget survey, we do so in terms of expenditures for different goods and services and how these relate to income, prices, and socio demographic factors such as age, family size, and education. Allocation of expenditures amongst different categories of consumption is seen as being determined by tastes and preferences acting in conjunction with a constraint imposed by prices and income. The parameters thus obtained are obviously useful in analyzing the impact on consumption resulting from changes in income and prices (should the latter be available), but income and price elasticities, in themselves, say little about the internal structure of consumption spending. How expenditures for housing, transportation, and personal care to pick three standard categories of consumption spending – are related to expenditures for food, for example, has never been a direct focus of empirical study. This book focuses on these relationships and provides insight into consumer behavior that complements and goes beyond that given by conventional price and income elasticities, making it of interest to students as well as economists in both government and academia concerned with consumer behavior.
Book Synopsis Time and Money by : Roger W Garrison
Download or read book Time and Money written by Roger W Garrison and published by Routledge. This book was released on 2000-10-19 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: Time and Money argues persuasively that the troubles which characterise modern capital-intensive economies, particularly the episodes of boom and bust, may best be analysed with the aid of a capital-based macroeconomics. The primary focus of this text is the intertemporal structure of capital, an area that until now has been neglected in favour of
Book Synopsis Status Through Consumption by : Steven D. Silver
Download or read book Status Through Consumption written by Steven D. Silver and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Consumption takes place in settings or environments which have both direct and indirect effects on its dynamic path. Direct effects of environments on activities in consuming can occur through constraints that environments impose. Environment can also have indirect effects on consumption through enduring modification of internalized constructs which enter heuristics for decisions on activities. The importance of environments to consumption is increased by the definitional dependence of status on the judgements of others. This study examines microprocessing in consumer activities for status as it interacts with structure in the environments of these activities. The importance of environments in status activities provides the basis for a seperate, but related inquiry into observed differences in the form they take across societies. Conjecture on the consequences of differences in the structure of environments for consumption that typify a society is studied in the narrative statements by members of comparison societies and in the content of print advertising in these societies. Evolutionary processes which could establish observed differences in structure across societies are also considered in both their systematic and random components. I review models of random drift and stochastic resonance as candidate forms for generating observed structure in environments. Directions for the subsequent study of status through consumption are discussed.P Introduction: Status Through Consumption; Knowledge Use in Nonwork Activities for Status; Interactions of Consumer Microprocessing and Structured Environments: Activity Feedback and the Stability of Structure; Awards and Honors Systems in Structured Environments: Cross Societal Comparisons of Narrative Statements on Consuming for Status; Comparative Analyses of Consumption Appeals in the Print Advertising of the USA and France, 1955-1991 Random Process in the Generation of Structured Environments; Overview and directions for Study of Status Through Consumption.
Book Synopsis Income Distribution in Macroeconomic Models by : Giuseppe Bertola
Download or read book Income Distribution in Macroeconomic Models written by Giuseppe Bertola and published by Princeton University Press. This book was released on 2006 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks at the distribution of income and wealth and the effects that this has on the macroeconomy, and vice versa. Is a more equal distribution of income beneficial or harmful for macroeconomic growth, and how does the distribution of wealth evolve in a market economy? Taking stock of results and methods developed in the context of the 1990s revival of growth theory, the authors focus on capital accumulation and long-run growth. They show how rigorous, optimization-based technical tools can be applied, beyond the representative-agent framework of analysis, to account for realistic market imperfections and for political-economic interactions. The treatment is thorough, yet accessible to students and nonspecialist economists, and it offers specialist readers a wide-ranging and innovative treatment of an increasingly important research field. The book follows a single analytical thread through a series of different growth models, allowing readers to appreciate their structure and crucial assumptions. This is particularly useful at a time when the literature on income distribution and growth has developed quickly and in several different directions, becoming difficult to overview.
Book Synopsis Representation and Structure in Economics by : Hsiang-Ke Chao
Download or read book Representation and Structure in Economics written by Hsiang-Ke Chao and published by Routledge. This book was released on 2020-04-08 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a methodological perspective on understanding the essential roles of econometric models in the theory and practice. Offering a comprehensive and comparative exposition of the accounts of models in both econometrics and philosophy of science, this work shows how econometrics and philosophy of science are interconnected while exploring the methodological insight of econometric modelling that can be added to modern philosophical thought. The notion of structure is thoroughly discussed throughout the book. The studies of the consumption function of Trygve Haavelmo, Richard Stone, Milton Friedman, David Hendry and Robert Lucas are taken as the case studies to investigate their methodological implications of model and structure. In addition to the semantic view of the scientific theories, various philosophical accounts concerning scientific models are used to shed light on the methodological nature of these consumption studies in economics. This book will be of great interest to scholars and students of methodology of economics and econometrics as well as anyone interested in the philosophy of science in an economic context.
Book Synopsis Consumer Behaviour and Economic Growth in the Modern Economy (RLE Consumer Behaviour) by : Henri Baudet
Download or read book Consumer Behaviour and Economic Growth in the Modern Economy (RLE Consumer Behaviour) written by Henri Baudet and published by Routledge. This book was released on 2014-12-05 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: These essays show that industrialisation and fast economic growth have changed not only the broad material environment, but have also had a very important impact on basic food consumption. The introductory chapter takes a theoretical view and tries to establish the interrelationship between economic forces and social habits. The other contributors analyse how the experience of Europe, Japan and North America fit this general explanation and they demonstrate how cultural and regional differences have shaped the development of consumer behaviour and patterns of consumption over the last two centuries.
Book Synopsis The Economics of Consumption by : Tullio Jappelli
Download or read book The Economics of Consumption written by Tullio Jappelli and published by Oxford University Press. This book was released on 2017 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Economics of Consumption, Tullio Jappelli and Luigi Pistaferri provide a comprehensive examination of the most important developments in the field of consumption decisions and evaluate economic models against empirical evidence.
Book Synopsis The Structure of Consumption Decisions by : Vani K. Borooah
Download or read book The Structure of Consumption Decisions written by Vani K. Borooah and published by . This book was released on 1989 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Consumer Capitalism by : Anastasios Korkotsides
Download or read book Consumer Capitalism written by Anastasios Korkotsides and published by Routledge. This book was released on 2007-05-07 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: An excellent addition to Routledge’s strong tradition of publishing exceptional books in heterodox economics, this innovative and groundbreaking volume draws on the work of Schumpeter, Marx and Sraffa, three of the most influential economists of all time. It bases value on a single, inwardly felt scarcity, the scarcity of life, which consumers scramble to experience more of through private possession of the product of socially contributed human time-space, in the form of knowledge embodied in commodities. This coercive urge, which appears outwardly as ‘commodity fetishism’, sets the context of ‘utility’ and self-interest, implicating consumers in the plunder of each other’s toil and of the earth, showing that capitalistic growth surveys existential distress rather than welfare. Existential motivational uniformity joins the seemingly disparate individualistic pursuits into a race for growth, while markets promote variety and innovation. Markets assist consumption innovations to blend with Schumpeterian production innovations as consumers try to foresee market conditions and structure their expenditures towards gaining positional advantage. These explain the structural dynamics of increased roundaboutness through adjustment of prices and demand to an evolving techno-structure. A valuable resource, this book unfolds a new vision of economic theorizing through the extreme basics of agent behaviour.
Book Synopsis Macroeconomic Inequality from Reagan to Trump by : Lance Taylor
Download or read book Macroeconomic Inequality from Reagan to Trump written by Lance Taylor and published by Cambridge University Press. This book was released on 2020-08-20 with total page 145 pages. Available in PDF, EPUB and Kindle. Book excerpt: An innovative approach to measuring inequality providing the first full integration of distributional and macro level data for the US.
Book Synopsis Consumption: Disciplinary approaches to consumption by : Daniel Miller
Download or read book Consumption: Disciplinary approaches to consumption written by Daniel Miller and published by Taylor & Francis. This book was released on 2001 with total page 602 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Macroeconomic Modelling for Policy Analysis by : Rossella Bardazzi
Download or read book Macroeconomic Modelling for Policy Analysis written by Rossella Bardazzi and published by Firenze University Press. This book was released on 2013 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last 30 years, the Inforum approach to macro modelling has been shared by economists worldwide. Researchers have focussed much of their efforts to developing a linked system of international interindustry models with a consistent methodology. A world-wide network of research associates use the same methods and software obtaining comparable results. The XXth Inforum World Conference was held in Florence in September 2012 and this book contains a selection of papers presented during that Conference. All these contributions are aimed at policymakers, stakeholders, and applied economists. Some papers are devoted to specific topics (total factor productivity, energy issues, external linkages, demographic changes) and some others are oriented to macro model building and simulations.
Book Synopsis Theory of the Consumption Function by : Milton Friedman
Download or read book Theory of the Consumption Function written by Milton Friedman and published by Princeton University Press. This book was released on 2008-08-17 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is the exact nature of the consumption function? Can this term be defined so that it will be consistent with empirical evidence and a valid instrument in the hands of future economic researchers and policy makers? In this volume a distinguished American economist presents a new theory of the consumption function, tests it against extensive statistical J material and suggests some of its significant implications. Central to the new theory is its sharp distinction between two concepts of income, measured income, or that which is recorded for a particular period, and permanent income, a longer-period concept in terms of which consumers decide how much to spend and how much to save. Milton Friedman suggests that the total amount spent on consumption is on the average the same fraction of permanent income, regardless of the size of permanent income. The magnitude of the fraction depends on variables such as interest rate, degree of uncertainty relating to occupation, ratio of wealth to income, family size, and so on. The hypothesis is shown to be consistent with budget studies and time series data, and some of its far-reaching implications are explored in the final chapter.
