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Author : Hyman Joseph
Publisher :
ISBN 13 :
Total Pages : 64 pages
Book Rating : 4.:/5 (868 download)
Download or read book Costs of Adjustment and the Flexible Accelerator written by Hyman Joseph and published by . This book was released on 1969 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Peter Kort
Publisher :
ISBN 13 :
Total Pages : 23 pages
Book Rating : 4.:/5 (249 download)
Download or read book The Flexible Accelerator Mechanism in a Financial Adjustment Cost Model written by Peter Kort and published by . This book was released on 1988 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : John Henry Keith
Publisher :
ISBN 13 :
Total Pages : 282 pages
Book Rating : 4.:/5 (29 download)
Download or read book Inventory Investment, the Generalized Flexible Accelerator, and Interrelated Factor Demand written by John Henry Keith and published by . This book was released on 1972 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Kenneth P. Jameson
Publisher :
ISBN 13 :
Total Pages : 388 pages
Book Rating : 4.:/5 (89 download)
Download or read book Adjustment Costs and Investment in the Less Developed Country written by Kenneth P. Jameson and published by . This book was released on 1970 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Geoff Kenny
Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.3/5 ( download)
Download or read book Asymmetric Adjustment Costs and the Dynamics of Housing Supply written by Geoff Kenny and published by . This book was released on 1999 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Anthony N. Rezitis
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Adjustment Costs and Dynamic Factor Demand Models written by Anthony N. Rezitis and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper makes use of the adjustment cost hypothesis to develop and compare the results of two dynamic input demand models applied to the U.S. cigarette manufcturing. One of the models presented in this paper is the flexible accelerator model and the other is the rational expectation model. The results obtained from the estimation of both models support the hypothesis that tobacco stock is a quasi-fixed input but the hypothesis that capital stock is a quasi -fixed input is not supported. The results of the rational expectations model support the hypothesis that capital and tobacco stocks together are subjected to adjustment costs. Note that this hypothesis cannot be tested by the flexible accelerator model.
Author : Roger K. Conway
Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.3/5 (121 download)
Download or read book The Structure of Agricultural Investment written by Roger K. Conway and published by . This book was released on 1985 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Marzio Galeotti
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (129 download)
Download or read book Specification of the Technology for Neoclassical Investment Theory written by Marzio Galeotti and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper provides an empirical investigation into the nature of adjustment costs and their implications for modelling and investment process. In particular, their role in today's most popular models of investment, the rational flexible accelerator and Tobin's q, is considered. In the analysis it is assumed that costs of adjusting the level of quasi-fixed inputs affects the firm's operations independently of specific optimal decision rules for investment. The results show that the pattern of adjustment costs is consistent with the solution of the optimization problem faced by the firm. However, such structure is more complex than what is usually postulated in the literature. Finally costs of adjustment represent a significant portion of the unit cost of new capital goods.
Author : P. N. Junankar
Publisher :
ISBN 13 :
Total Pages : 92 pages
Book Rating : 4.:/5 (43 download)
Download or read book Investment: Theories and Evidence written by P. N. Junankar and published by . This book was released on 1972 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.:/5 (31 download)
Download or read book Technical Bulletin written by and published by . This book was released on 1988 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jack E. Triplett
Publisher : University of Chicago Press
ISBN 13 : 0226812596
Total Pages : 556 pages
Book Rating : 4.2/5 (268 download)
Download or read book The Measurement of Labor Cost written by Jack E. Triplett and published by University of Chicago Press. This book was released on 2007-12-01 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt: Measuring costs of labor as a portion of total production costs has never before been treated so thoroughly or so thoughtfully. Moreover, contrary to most recent labor research, this book focuses on the demand side—the employer's point of view—and the behavior studied is employer behavior. An introductory essay by the editor provides a useful guide to current thought in the analysis of labor cost. Other papers give new insights into problems encountered in accounting for the nonwage elements of labor compensation, the effect of pensions and other benefits, and the wage-measurement questions raised by incomes policies. In addition, there is a wealth of valuable new data on labor costs in the United States. Labor economists, statisticians, econometric modelers, and advisers to government and industry will welcome this up-to-date and comprehensive treatment of the costs of production.
Author : Mr.Hamid Faruqee
Publisher : International Monetary Fund
ISBN 13 : 9781557757227
Total Pages : 88 pages
Book Rating : 4.7/5 (572 download)
Download or read book Multimod Mark III written by Mr.Hamid Faruqee and published by International Monetary Fund. This book was released on 1998-05-21 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study describes the Mark III version of MULTIMOD, the IMF's multi region macroeconomic model. Mark III version of MULTIMOD differs from its predecessor in several important respects. New features include a core steady-state analogue model, a new model of teh inflation-unemployment nexus, and extended non-Ricardian specification of consumption-saving behavior, and improved specifications and estimates of investment behavior and international trade equations. In addition, the introduction of a new solution algorithm has greatly increased the robustness, speed of convergence, and accuracy of the simulations.
Author : William Mitchell
Publisher : Bloomsbury Publishing
ISBN 13 : 1137610670
Total Pages : 604 pages
Book Rating : 4.1/5 (376 download)
Download or read book Macroeconomics written by William Mitchell and published by Bloomsbury Publishing. This book was released on 2019-02-08 with total page 604 pages. Available in PDF, EPUB and Kindle. Book excerpt: This groundbreaking new core textbook encourages students to take a more critical approach to the prevalent assumptions around the subject of macroeconomics, by comparing and contrasting heterodox and orthodox approaches to theory and policy. The first such textbook to develop a heterodox model from the ground up, it is based on the principles of Modern Monetary Theory (MMT) as derived from the theories of Keynes, Kalecki, Veblen, Marx, and Minsky, amongst others. The internationally-respected author team offer appropriate fiscal and monetary policy recommendations, explaining how the poor economic performance of most of the wealthy capitalist countries over recent decades could have been avoided, and delivering a well-reasoned practical and philosophical argument for the heterodox MMT approach being advocated. The book is suitable for both introductory and intermediate courses, offering a thorough overview of the basics and valuable historical context, while covering everything needed for more advanced courses. Issues are explained conceptually, with the more technical, mathematical material in chapter appendices, offering greater flexibility of use. Accompanying online resources for this title can be found at bloomsburyonlineresources.com/mitchell-macroeconomics. These resources are designed to support teaching and learning when using this textbook and are available at no extra cost.
Author : Fabio Petri
Publisher : Edward Elgar Publishing
ISBN 13 : 9781781008300
Total Pages : 400 pages
Book Rating : 4.0/5 (83 download)
Download or read book General Equilibrium, Capital and Macroeconomics written by Fabio Petri and published by Edward Elgar Publishing. This book was released on 2004-01-01 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Fabio Petri has been a persistent critic of marginalist theories of value and distribution. In this provocative book, he presents an extensive scrutiny of the reasons why many economists are unsatisfied with the Neo-Walrasian approach to General Equilibrium theory and why some reject it altogether. General Equilibrium, Capital and Macroeconomics throws down a challenge to all economic theorists.' - Neri Salvadori, University of Pisa, Italy 'General Equilibrium, Capital and Macroeconomics is a thorough and deep book. It contains a remarkably clear and precise statement of the conceptual, methodological and analytical difficulties besetting the demand and supply approach to economics as it is advocated in partial and general equilibrium models, old and new, micro and macro. This work covers essential parts of modern economics, it is well written and the subject matter is carefully arranged. The book will be of interest to a wide range of economists.' - Heinz D. Kurz, University of Graz, Austria This book argues that the shift in general equilibrium theory, from its early long-period to the modern very-short-period versions, has had very important consequences which are insufficiently appreciated by large parts of the economics profession. This shift has produced new difficulties, and has undermined central tenets of neoclassical macroeconomic theory (such as the negative dependence of aggregate investment on the interest rate, or the existence of a downward-sloping demand curve for labour) which had their basis in the long-period versions where capital was treated as a single factor.
Author : N.M. Christodoulakis
Publisher : Elsevier
ISBN 13 : 1483298825
Total Pages : 599 pages
Book Rating : 4.4/5 (832 download)
Download or read book Dynamic Modelling and Control of National Economies 1989 written by N.M. Christodoulakis and published by Elsevier. This book was released on 2014-06-28 with total page 599 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Symposium aimed at analysing and solving the various problems of representation and analysis of decision making in economic systems starting from the level of the individual firm and ending up with the complexities of international policy coordination. The papers are grouped into subject areas such as game theory, control methods, international policy coordination and the applications of artificial intelligence and experts systems as a framework in economic modelling and control. The Symposium therefore provides a wide range of important information for those involved or interested in the planning of company and national economics.
Author : George Horwich
Publisher : Academic Press
ISBN 13 : 1483267482
Total Pages : 577 pages
Book Rating : 4.4/5 (832 download)
Download or read book Trade, Stability, and Macroeconomics written by George Horwich and published by Academic Press. This book was released on 2014-05-10 with total page 577 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade, Stability, and Macroeconomics: Essays in Honor of Lloyd A. Metzler provides information pertinent to the fundamental aspects of trade, stability, and macroeconomics. This book covers a variety of topics, including nontraded and intermediate commodities, prices, production, exchange rates, and wages. Organized into five parts encompassing 22 chapters, this book begins with an overview of the theory of international trade and the effect of a tariff or export tax on domestic prices. This text then defines the supply of the international commodities as a function of their prices and of the output of the domestic commodity. Other chapters consider the Stolper–Samuelson analysis of the effects of protection of the distribution of income. This book discusses as well the theory of external–internal balance or the assignment problem as related to macroeconomic policy in an open economy. The final chapter deals with the dynamic allocation of scarce resources. This book is a valuable resource for economists.
Author : Missouri Valley Economic Association
Publisher :
ISBN 13 :
Total Pages : 812 pages
Book Rating : 4.F/5 ( download)
Download or read book Journal of Economics written by Missouri Valley Economic Association and published by . This book was released on 1975 with total page 812 pages. Available in PDF, EPUB and Kindle. Book excerpt:
