Imperfect Competition And Sticky Prices

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Imperfect Competition and Sticky Prices

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Author : N. Gregory Mankiw
Publisher : MIT Press
ISBN 13 : 9780262631334
Total Pages : 448 pages
Book Rating : 4.6/5 (313 download)

Book Synopsis Imperfect Competition and Sticky Prices by : N. Gregory Mankiw

Download or read book Imperfect Competition and Sticky Prices written by N. Gregory Mankiw and published by MIT Press. This book was released on 1991 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. An overall introduction, brief introductions to each of the parts, and a bibliography of additional papers in the field round out this valuable collection.Volume 1 focuses on how friction in price setting at the microeconomic level leads to nominal rigidity at the macroeconomic level, and on the macroeconomic consequences of imperfect competition, including aggregate demand externalities and multipliers. Volume 2 addresses recent research on non-Walrasian features of the labor, credit, and goods markets. Contributors George A Akerlof, Costas Azariadis, Laurence Ball, Ben S. Bernanke, Mark Bits, Olivier J. Blanchard, Alan S. Blinder, John Bryant, Andrew S. Caplin, Dennis W. Carlton, Stephen G. Cecchetti, Russell Cooper, Peter A. Diamond, Gary Fethke, Stanley Fischer, Robert E. Hall, Oliver Hart, Andrew John, Nobuhiro Kiyotaki, Alan B. Krueger, David M. Lilien, Ian M. McDonald, N. David Mankiw, Arthur M. Okun, Andres Policano, David Romer, Julio J. Rotemberg, Garth Saloner, Carl Shapiro, Andrei Shleifer, Robert M. Solow, Daniel F. Spulber, Joseph E. Stiglitz, Lawrence H. Summers, John Taylor, Andrew Weiss, Michael Woodford, Janet L. Yellen

The Economics of Imperfect Competition

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Author : Melvin L. Greenhut
Publisher : Cambridge University Press
ISBN 13 : 9780521315647
Total Pages : 432 pages
Book Rating : 4.3/5 (156 download)

Book Synopsis The Economics of Imperfect Competition by : Melvin L. Greenhut

Download or read book The Economics of Imperfect Competition written by Melvin L. Greenhut and published by Cambridge University Press. This book was released on 1987-01-30 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new approach to traditional price theory and to the analysis of imperfect competition represents a breakthrough in the development of a "new" microeconomic theory. Addresses issues in price theory, industrial organization, international trade and regional urban economics.

Macroeconomics and Imperfect Competition

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Author : Jean-Pascal Bénassy
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 552 pages
Book Rating : 4.F/5 ( download)

Book Synopsis Macroeconomics and Imperfect Competition by : Jean-Pascal Bénassy

Download or read book Macroeconomics and Imperfect Competition written by Jean-Pascal Bénassy and published by Edward Elgar Publishing. This book was released on 1995 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: The macroeconomics of imperect competition has become in recent years a most influential paradigm, which many macroeconomists now prefer to the Classical of Keynesian ones, notably because of its clear and rigorous microfoundations. This volume collects and puts into perspective the leading contributions to this important and rapidly expanding field.

The Economics of Imperfect Competition

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Author : Joan Robinson
Publisher : Springer
ISBN 13 : 1349153206
Total Pages : 359 pages
Book Rating : 4.3/5 (491 download)

Book Synopsis The Economics of Imperfect Competition by : Joan Robinson

Download or read book The Economics of Imperfect Competition written by Joan Robinson and published by Springer. This book was released on 1969-07-01 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt:

New Keynesian Economics

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Author : George A. Akerlof
Publisher :
ISBN 13 : 9780262631341
Total Pages : 468 pages
Book Rating : 4.6/5 (313 download)

Book Synopsis New Keynesian Economics by : George A. Akerlof

Download or read book New Keynesian Economics written by George A. Akerlof and published by . This book was released on 1998 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economics of Imperfect Competition

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Author : Joan Violet ROBINSON
Publisher :
ISBN 13 :
Total Pages : 352 pages
Book Rating : 4.:/5 (225 download)

Book Synopsis The Economics of Imperfect Competition by : Joan Violet ROBINSON

Download or read book The Economics of Imperfect Competition written by Joan Violet ROBINSON and published by . This book was released on 1976 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A History of Macroeconomics from Keynes to Lucas and Beyond

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Author : Michel De Vroey
Publisher : Cambridge University Press
ISBN 13 : 0521898439
Total Pages : 451 pages
Book Rating : 4.5/5 (218 download)

Book Synopsis A History of Macroeconomics from Keynes to Lucas and Beyond by : Michel De Vroey

Download or read book A History of Macroeconomics from Keynes to Lucas and Beyond written by Michel De Vroey and published by Cambridge University Press. This book was released on 2016-01-08 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book retraces the history of macroeconomics from Keynes's General Theory to the present. Central to it is the contrast between a Keynesian era and a Lucasian - or dynamic stochastic general equilibrium (DSGE) - era, each ruled by distinct methodological standards. In the Keynesian era, the book studies the following theories: Keynesian macroeconomics, monetarism, disequilibrium macro (Patinkin, Leijongufvud, and Clower) non-Walrasian equilibrium models, and first-generation new Keynesian models. Three stages are identified in the DSGE era: new classical macro (Lucas), RBC modelling, and second-generation new Keynesian modeling. The book also examines a few selected works aimed at presenting alternatives to Lucasian macro. While not eschewing analytical content, Michel De Vroey focuses on substantive assessments, and the models studied are presented in a pedagogical and vivid yet critical way.

Monetary Policy, Inflation, and the Business Cycle

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Author : Jordi Galí
Publisher : Princeton University Press
ISBN 13 : 1400866278
Total Pages : 295 pages
Book Rating : 4.4/5 (8 download)

Book Synopsis Monetary Policy, Inflation, and the Business Cycle by : Jordi Galí

Download or read book Monetary Policy, Inflation, and the Business Cycle written by Jordi Galí and published by Princeton University Press. This book was released on 2015-06-09 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: The classic introduction to the New Keynesian economic model This revised second edition of Monetary Policy, Inflation, and the Business Cycle provides a rigorous graduate-level introduction to the New Keynesian framework and its applications to monetary policy. The New Keynesian framework is the workhorse for the analysis of monetary policy and its implications for inflation, economic fluctuations, and welfare. A backbone of the new generation of medium-scale models under development at major central banks and international policy institutions, the framework provides the theoretical underpinnings for the price stability–oriented strategies adopted by most central banks in the industrialized world. Using a canonical version of the New Keynesian model as a reference, Jordi Galí explores various issues pertaining to monetary policy's design, including optimal monetary policy and the desirability of simple policy rules. He analyzes several extensions of the baseline model, allowing for cost-push shocks, nominal wage rigidities, and open economy factors. In each case, the effects on monetary policy are addressed, with emphasis on the desirability of inflation-targeting policies. New material includes the zero lower bound on nominal interest rates and an analysis of unemployment’s significance for monetary policy. The most up-to-date introduction to the New Keynesian framework available A single benchmark model used throughout New materials and exercises included An ideal resource for graduate students, researchers, and market analysts

Asset Prices and Monetary Policy

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Author : John Y. Campbell
Publisher : University of Chicago Press
ISBN 13 : 0226092127
Total Pages : 444 pages
Book Rating : 4.2/5 (26 download)

Book Synopsis Asset Prices and Monetary Policy by : John Y. Campbell

Download or read book Asset Prices and Monetary Policy written by John Y. Campbell and published by University of Chicago Press. This book was released on 2008-11-15 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic growth, low inflation, and financial stability are among the most important goals of policy makers, and central banks such as the Federal Reserve are key institutions for achieving these goals. In Asset Prices and Monetary Policy, leading scholars and practitioners probe the interaction of central banks, asset markets, and the general economy to forge a new understanding of the challenges facing policy makers as they manage an increasingly complex economic system. The contributors examine how central bankers determine their policy prescriptions with reference to the fluctuating housing market, the balance of debt and credit, changing beliefs of investors, the level of commodity prices, and other factors. At a time when the public has never been more involved in stocks, retirement funds, and real estate investment, this insightful book will be useful to all those concerned with the current state of the economy.

Optimal Fiscal and Monetary Policy Under Imperfect Competition

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Author : Stephanie Schmitt-Grohe
Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.X/5 (6 download)

Book Synopsis Optimal Fiscal and Monetary Policy Under Imperfect Competition by : Stephanie Schmitt-Grohe

Download or read book Optimal Fiscal and Monetary Policy Under Imperfect Competition written by Stephanie Schmitt-Grohe and published by . This book was released on 2001 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Theory of Imperfect Competition

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Author : Donald Dewey
Publisher :
ISBN 13 : 9780231031646
Total Pages : 205 pages
Book Rating : 4.0/5 (316 download)

Book Synopsis The Theory of Imperfect Competition by : Donald Dewey

Download or read book The Theory of Imperfect Competition written by Donald Dewey and published by . This book was released on 1969 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The General Theory of Employment, Interest, and Money

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Author : John Maynard Keynes
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (48 download)

Book Synopsis The General Theory of Employment, Interest, and Money by : John Maynard Keynes

Download or read book The General Theory of Employment, Interest, and Money written by John Maynard Keynes and published by . This book was released on 1991 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economics of Imperfect Competition

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Author : Joan Robinson
Publisher :
ISBN 13 : 9780312233457
Total Pages : 0 pages
Book Rating : 4.2/5 (334 download)

Book Synopsis Economics of Imperfect Competition by : Joan Robinson

Download or read book Economics of Imperfect Competition written by Joan Robinson and published by . This book was released on 1969-10 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Monopolistic Competition Revolution in Retrospect

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Author : Steven Brakman
Publisher : Cambridge University Press
ISBN 13 : 9781107402430
Total Pages : 0 pages
Book Rating : 4.4/5 (24 download)

Book Synopsis The Monopolistic Competition Revolution in Retrospect by : Steven Brakman

Download or read book The Monopolistic Competition Revolution in Retrospect written by Steven Brakman and published by Cambridge University Press. This book was released on 2011-07-21 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Avinash Dixit and Joseph Stiglitz revolutionized the modelling of imperfectly competitive markets and launched "the second monopolistic competition revolution". Experts in the areas of macroeconomics, international trade theory, economic geography, and international growth theory examine the success of the second revolution in this collection of papers. They reveal what appears to be "missing" and look forward to the next step in the modelling of imperfectly competitive markets. The text includes a comprehensive survey of the two monopolistic competition revolutions, and previously unpublished working papers by Dixit and Stiglitz that led to their famous 1977 paper.

Exchange Rate Dynamics Redux

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Author : Maurice Obstfeld
Publisher :
ISBN 13 :
Total Pages : 54 pages
Book Rating : 4.:/5 (318 download)

Book Synopsis Exchange Rate Dynamics Redux by : Maurice Obstfeld

Download or read book Exchange Rate Dynamics Redux written by Maurice Obstfeld and published by . This book was released on 1995 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Researches Into the Mathematical Principles of the Theory of Wealth

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Author : Antoine Augustin Cournot
Publisher : New York : Macmillan Company, 1927 [c1897]
ISBN 13 :
Total Pages : 252 pages
Book Rating : 4.F/5 ( download)

Book Synopsis Researches Into the Mathematical Principles of the Theory of Wealth by : Antoine Augustin Cournot

Download or read book Researches Into the Mathematical Principles of the Theory of Wealth written by Antoine Augustin Cournot and published by New York : Macmillan Company, 1927 [c1897]. This book was released on 1897 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Spatial Microeconomics

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Author : Melvin L. Greenhut
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 616 pages
Book Rating : 4.F/5 ( download)

Book Synopsis Spatial Microeconomics by : Melvin L. Greenhut

Download or read book Spatial Microeconomics written by Melvin L. Greenhut and published by Edward Elgar Publishing. This book was released on 1995 with total page 616 pages. Available in PDF, EPUB and Kindle. Book excerpt: These volumes extend classical location theory from its least cost approach to a maximum profit framework and revitalize neoclassical microeconomics by adding a spatial dimension.