Keynesian Macroeconomics Beyond The Is Lm Model

Download Keynesian Macroeconomics Beyond The Is Lm Model full books in PDF, epub, and Kindle. Read online Keynesian Macroeconomics Beyond The Is Lm Model ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

Keynesian Macroeconomics Beyond the IS-LM Model

Author : Chandana Ghosh
Publisher : Springer
ISBN 13 : 9811378886
Total Pages : 258 pages
Book Rating : 4.8/5 (113 download)

DOWNLOAD NOW!

Book Synopsis Keynesian Macroeconomics Beyond the IS-LM Model by : Chandana Ghosh

Download or read book Keynesian Macroeconomics Beyond the IS-LM Model written by Chandana Ghosh and published by Springer. This book was released on 2019-05-22 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book makes an original and significant contribution to Keynesian macroeconomics. The IS-LM model is a basic workhorse of Keynesian macroeconomics. However, its financial aspects are extremely rudimentary and the link between the real and the financial sector is extremely tenuous. Hence, neither the IS-LM model nor IS-LM-based models can be applied to the major economic issues facing today’s world. This book develops alternative models in the Keynesian tradition that incorporate financial institutions and make explicit the intimate link between the processes of generation of income, saving, credit and expenditure. It subsequently uses these models to address the major current macroeconomic issues that India and the rest of the world are confronted with. In the Indian context, it focuses on the issues of unemployment, growth, recession, bank performance, banking sector reforms and corruption. It also seeks to identify the causes of economic crises in Greece and the US. The analysis reveals a common trend in the economies considered here: the policy framework within which they function is recessionary, exploitative and fosters unemployment, inequality and poverty. Further, this framework is leading these economies farther away from the goal that every civilized society should strive to achieve, namely, providing all citizens with suitably gainful jobs and adequate access to quality food, clothing, shelter, education and health care. The book seeks to identify the cause of this malady, and puts forward policies to remedy it. It thus contains takeaways for academia, think tanks as well as policy makers.

A History of Macroeconomics from Keynes to Lucas and Beyond

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

DOWNLOAD NOW!

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.

IS-LM and Modern Macroeconomics

Author : Warren Young
Publisher : Springer Science & Business Media
ISBN 13 : 940100644X
Total Pages : 171 pages
Book Rating : 4.4/5 (1 download)

DOWNLOAD NOW!

Book Synopsis IS-LM and Modern Macroeconomics by : Warren Young

Download or read book IS-LM and Modern Macroeconomics written by Warren Young and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: IS-LM is perhaps the prime example of `cognitive dissonance' in economics, and is problematic to many economists. On the one hand, the IS-LM model is still taught by many academic economists or they use it to derive the AD-AS approach. On the other hand, the same economists realize the limitations of the basic IS-LM model and would not now use it for policy analysis, as they did in the past. The distinction between pedagogical and analytical efficacy is made by all the authors in this volume regarding the IS-LM model. Indeed, even those who would reject using the model for modern policy analysis still see the basic model as useful for teaching purposes. Moreover, in an augmented form, some of the authors in this volume would even see fit to use IS-LM for modern policy analysis. As will be seen, therefore, the IS-LM model is `not yet dead'. Rather, the model's `plasticity' has enabled it to undergo a metamorphosis into augmented form, enabling its continuing utilization in economics accordingly.

Keynesian Economics

Author : Fouad Sabry
Publisher : One Billion Knowledgeable
ISBN 13 :
Total Pages : 322 pages
Book Rating : 4.:/5 (661 download)

DOWNLOAD NOW!

Book Synopsis Keynesian Economics by : Fouad Sabry

Download or read book Keynesian Economics written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-01-17 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Keynesian Economics Keynesian economics are the various macroeconomic theories and models of how aggregate demand strongly influences economic output and inflation. In the Keynesian view, aggregate demand does not necessarily equal the productive capacity of the economy. It is influenced by a host of factors that sometimes behave erratically and impact production, employment, and inflation. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Keynesian economics Chapter 2: Macroeconomics Chapter 3: IS-LM model Chapter 4: Full employment Chapter 5: New Keynesian economics Chapter 6: Index of economics articles Chapter 7: Fiscal policy Chapter 8: The General Theory of Employment, Interest and Money Chapter 9: Say's law Chapter 10: Liquidity preference Chapter 11: Alvin Hansen Chapter 12: Real economy Chapter 13: Neoclassical synthesis Chapter 14: Paul Davidson (economist) Chapter 15: History of macroeconomic thought Chapter 16: Athanasios Asimakopulos Chapter 17: Don Patinkin Chapter 18: Mr. Keynes and the "Classics" Chapter 19: Keynes's theory of wages and prices Chapter 20: Marxism and Keynesian economics Chapter 21: Crowding-in effect (II) Answering the public top questions about keynesian economics. (III) Real world examples for the usage of keynesian economics in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of keynesian economics.

New Keynesian Economics

Author : Fouad Sabry
Publisher : One Billion Knowledgeable
ISBN 13 :
Total Pages : 266 pages
Book Rating : 4.:/5 (661 download)

DOWNLOAD NOW!

Book Synopsis New Keynesian Economics by : Fouad Sabry

Download or read book New Keynesian Economics written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-02-01 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is New Keynesian Economics For the purpose of providing Keynesian economics with microeconomic underpinnings, the New Keynesian economics school of macroeconomics is an attempt to give those foundations. New classical macroeconomics advocates were the ones who initially voiced their opposition to Keynesian macroeconomics, which led to the development of this theory. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: New Keynesian economics Chapter 2: Macroeconomics Chapter 3: Stagflation Chapter 4: Phillips curve Chapter 5: Nominal rigidity Chapter 6: Ricardo Reis Chapter 7: John B. Taylor Chapter 8: Policy-ineffectiveness proposition Chapter 9: Menu cost Chapter 10: Dynamic stochastic general equilibrium Chapter 11: Neoclassical synthesis Chapter 12: New classical macroeconomics Chapter 13: AD-AS model Chapter 14: David Romer Chapter 15: History of macroeconomic thought Chapter 16: Real rigidity Chapter 17: New neoclassical synthesis Chapter 18: Divine coincidence Chapter 19: Taylor contract (economics) Chapter 20: Calvo (staggered) contracts Chapter 21: Jón Steinsson (II) Answering the public top questions about new keynesian economics. (III) Real world examples for the usage of new keynesian economics in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of New Keynesian Economics.

Beyond Microfoundations

Author : David Colander
Publisher : Cambridge University Press
ISBN 13 : 9780521552370
Total Pages : 286 pages
Book Rating : 4.5/5 (523 download)

DOWNLOAD NOW!

Book Synopsis Beyond Microfoundations by : David Colander

Download or read book Beyond Microfoundations written by David Colander and published by Cambridge University Press. This book was released on 1996-01-26 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the foundations for post-Walrasian macroeconomics.

A Modern Guide to Keynesian Macroeconomics and Economic Policies

Author : Eckhard Hein
Publisher : Edward Elgar Publishing
ISBN 13 : 0857931822
Total Pages : 393 pages
Book Rating : 4.8/5 (579 download)

DOWNLOAD NOW!

Book Synopsis A Modern Guide to Keynesian Macroeconomics and Economic Policies by : Eckhard Hein

Download or read book A Modern Guide to Keynesian Macroeconomics and Economic Policies written by Eckhard Hein and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: This well-documented book will prove to be the essential guide for researchers and graduate students in macroeconomics and political economy. It will also prove inspiring to a wider audience interested in modern Keynesian macroeconomics.

Keynesian Macroeconomics with the LM Curve

Author : David Romer
Publisher :
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.:/5 (849 download)

DOWNLOAD NOW!

Book Synopsis Keynesian Macroeconomics with the LM Curve by : David Romer

Download or read book Keynesian Macroeconomics with the LM Curve written by David Romer and published by . This book was released on 1999 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The IS-LM Model

Author : Michel de Vroey
Publisher : History of Political Economy A
ISBN 13 :
Total Pages : 358 pages
Book Rating : 4.:/5 (321 download)

DOWNLOAD NOW!

Book Synopsis The IS-LM Model by : Michel de Vroey

Download or read book The IS-LM Model written by Michel de Vroey and published by History of Political Economy A. This book was released on 2004 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: For some twenty-five years after the end of the Second World War, the IS-LM model dominated macroeconomics. Inspired by the work of John Maynard Keynes, this model demonstrates the relationship among savings, income, investments, and interest rates, showing the point at which the interaction of these elements produces "equilibrium" in an economy. With the advent of the new classical macroeconomics in the early 1970s, the dominance of the IS-LM model was effectively challenged. While no longer central to the graduate training of most macroeconomists or to cutting-edge macroeconomic research, the IS-LM model continues to be a mainstay of undergraduate textbooks, to find wide use in applied macroeconomics, and to lie at the conceptual core of most government and commercial macroeconometric models. This volume, the annual supplement to History of Political Economy, explores the rise, the fall, and the persistence of the IS-LM model. In addition to presenting papers from the History of Political Economy conference held at Duke University in April 2003, the volume includes the text of an address delivered at the conference by Nobel laureate Robert E. Lucas Jr., one of the central players in the intellectual movement that dethroned the IS-LM model. Contributors. Roger E. Backhouse, Mauro Boianovsky, Michael Bordo, David Colander, William Darity Jr., Michel De Vroey, Robert W. Dimand, Kevin D. Hoover, David Laidler, Robert E. Lucas Jr., Edward Nelson, Goulven Rubin, Anna Schwartz, Scott Sumner, Warren Young

Financial Constraints and Market Failures

Author : Marcello Messori
Publisher : Edward Elgar Publishing
ISBN 13 : 9781781959985
Total Pages : 264 pages
Book Rating : 4.9/5 (599 download)

DOWNLOAD NOW!

Book Synopsis Financial Constraints and Market Failures by : Marcello Messori

Download or read book Financial Constraints and Market Failures written by Marcello Messori and published by Edward Elgar Publishing. This book was released on 1999-01-01 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: An Italian study group made up of seven economists report their findings on how the new Keynesian economics has reacted to challenges from new classical economics by strengthening the analytical power of its models. First they discuss the theoretical unde

Reconstructing Keynesian Macroeconomics Volume 2

Author : Carl Chiarella
Publisher : Routledge
ISBN 13 : 1136195815
Total Pages : 497 pages
Book Rating : 4.1/5 (361 download)

DOWNLOAD NOW!

Book Synopsis Reconstructing Keynesian Macroeconomics Volume 2 by : Carl Chiarella

Download or read book Reconstructing Keynesian Macroeconomics Volume 2 written by Carl Chiarella and published by Routledge. This book was released on 2013-01-17 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book represents the second of three volumes offering a complete reinterpretation and restructuring of Keynesian macroeconomics and a detailed investigation of the disequilibrium adjustment processes characterizing the financial, the goods and the labour markets and their interaction. In this second volume the authors present a detailed analysis and comparison of two competing types of approaches to Keynesian macroeconomics, one that integrates goods, labour and financial markets, and another from the perspective of a conventional type of LM-analysis or interest-rate policy of the central bank. The authors employ rigorous dynamic macro-models of a descriptive and applicable nature, which will be of interest to all macroeconomists who use formal model-building in their investigations. The research in this book with its focus on Keynesian propagation mechanisms provides a unique alternative to the black-box shock-absorber approaches that dominate modern macroeconomics. The main conclusion of the work is that policy makers need to reconsider Keynesian ideas, but in the modern form in which they are expressed in this volume. Reconstructing Keynesian Macroeconomics will be of interest to students and researchers who want to look at alternatives to the mainstream macrodynamics that emerged from the Monetarist critique of Keynesianism. This book will also engage central bankers and macroeconomic policy makers.

Keynesian Macroeconomics Without the LM Curve

Author : David Romer
Publisher :
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.:/5 (247 download)

DOWNLOAD NOW!

Book Synopsis Keynesian Macroeconomics Without the LM Curve by : David Romer

Download or read book Keynesian Macroeconomics Without the LM Curve written by David Romer and published by . This book was released on 2000 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Changes in both the macroeconomy and in macroeconomics suggest that the IS-LM-AS model is no longer the best baseline model of short-run fluctuations for teaching and policy analysis. This paper presents an alternative model that replaces the assumption that the central bank targets the money supply with an assumption that it follows a simple interest rate rule. The resulting model is simpler, more realistic, and more coherent than IS-LM-AS, not just in its treatment of monetary policy but in many other ways. The paper also discusses other alternatives to IS-LM-AS

Money, Investment and Consumption

Author : O. F. Hamouda
Publisher : Edward Elgar Publishing
ISBN 13 : 1849803331
Total Pages : 261 pages
Book Rating : 4.8/5 (498 download)

DOWNLOAD NOW!

Book Synopsis Money, Investment and Consumption by : O. F. Hamouda

Download or read book Money, Investment and Consumption written by O. F. Hamouda and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: Professor Hamouda s book is very timely and thought provoking and should be an eye opener for students of economics who were brought up in the anti-Keynesian last decades of the twentieth century, or were taught the garbled rather than updated revived Keynesianism which has recently become popular. Y.S. Brenner, Retired Professor of Economics, Utrecht University, The Netherlands Contrary to the commonly perpetuated belief that Keynes s theory is appropriate only to economic depressions, the author of this provocative book maintains that Keynes provided a complete set of macroeconomic relations and the ingredients of a new theoretical model, much more reflective of and analytically appropriate to the 21st century than those on which current macroeconomics is based. With the perspective of Keynes as the backdrop, the author begins with a discussion of the characteristics of the financial crises of 2008 and the 1930s. He then goes on to show that Keynes provided a novel, general theory, constructed as the EC-SP model (different from that of the Classicals Labour Theory of Value model and the neoClassicals antithetical IS-LM model), a theory yet unrecognized as being behind both A Treatise on Money and The General Theory. He presents here the premises of Keynes s contributions which still await use by a generation of economists to reassess macroeconomics and orient it in a new direction. This unique and authoritative look at Keynes s body of work will be an essential read for scholars and students of economics. Anyone trying to understand the state of the entrepreneurial economy , of which the 2008 financial crisis is but one manifestation prone to recurrence, will find the work an important resource.

Keynes, Coordination, and Beyond

Author : Harry Garretsen
Publisher :
ISBN 13 :
Total Pages : 248 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!

Book Synopsis Keynes, Coordination, and Beyond by : Harry Garretsen

Download or read book Keynes, Coordination, and Beyond written by Harry Garretsen and published by . This book was released on 1992 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book proposes that the coordination problems lies at the heart of Keynes' economics and argues that Keynes' message got lost in the post-war period. The text develops an extension of Keynes' ideas within a general equilibrium framework and within alternative frameworks such as Austrian economics. It is demonstrated that in the absence of a co-ordinating device like the Walrasian auctioneer or in the presence of uncertainty, co-ordination can no longer be superimposed. This ultimately implies that apart from some notable exceptions, the Keynesian revolution was in fact stifled at birth because the validity of the central concepts of microeconomics have never been challenged.

Post-Keynesian Macroeconomics

Author : Mathew Forstater
Publisher : Routledge
ISBN 13 : 1135981213
Total Pages : 252 pages
Book Rating : 4.1/5 (359 download)

DOWNLOAD NOW!

Book Synopsis Post-Keynesian Macroeconomics by : Mathew Forstater

Download or read book Post-Keynesian Macroeconomics written by Mathew Forstater and published by Routledge. This book was released on 2007-02 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Edited by three well known academics and contributed to by J. Smithin, L. Moss and G.C. Harcourt, this text reflects the breath of the honouree‘s interests, covering political economy, labour economics, history of economic thought and macroeconomics.

Keynes and Macroeconomics After 70 Years

Author : L. Randall Wray
Publisher : Edward Elgar Publishing
ISBN 13 : 1848446209
Total Pages : 354 pages
Book Rating : 4.8/5 (484 download)

DOWNLOAD NOW!

Book Synopsis Keynes and Macroeconomics After 70 Years by : L. Randall Wray

Download or read book Keynes and Macroeconomics After 70 Years written by L. Randall Wray and published by Edward Elgar Publishing. This book was released on 2009-01-01 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book is strongly recommended for those interested in the continuing reception of Keynes s thinking. John B. Davis, EH.NET In this substantial new collection, esteemed Post-Keynesian scholars reassess the relevance of Keynes s The General Theory to a broad array of topic areas, ranging from the environment, investment finance, exchange rates, and socialism, as well as inquiries into general Post-Keynesian theory. In response to the current economic crisis, many people looking for new solutions are excitedly re-discovering the Post-Keynesian tradition of money modeling and theory. This book offers a broad array of recent Post-Keynesian scholarship, providing a good contextual understanding of the current state of the field from which innovative money solutions are springing. Topics covered here include: Keynes and heterodox economics, the founding fathers of Post-Keynesian economics, Keynesian models, Keynesian policy, and the modern development and extensions of Keynesian economics. Academics and practitioners eager for a solid heterodox approach to economics and money theory, the environment, finance, and political science will find the book an invaluable addition to their collection.

Post Keynesian Economics

Author : T. Palley
Publisher : Springer
ISBN 13 : 0230374123
Total Pages : 253 pages
Book Rating : 4.2/5 (33 download)

DOWNLOAD NOW!

Book Synopsis Post Keynesian Economics by : T. Palley

Download or read book Post Keynesian Economics written by T. Palley and published by Springer. This book was released on 1996-06-19 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an important and original statement of Post Keynesian macroeconomic theory, focusing on the significance of privately created inside debts and income distribution for the determination of economic activity. The material is presented in a clear and accessible format