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Neo Neutrality Of Money Under Non Perfect Competition
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Book Synopsis Neo-neutrality of Money Under Non-perfect Competition by : Yew-Kwang Ng
Download or read book Neo-neutrality of Money Under Non-perfect Competition written by Yew-Kwang Ng and published by . This book was released on 1995 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Recent Advances in Neo-Schumpeterian Economics by : Andreas Pyka
Download or read book Recent Advances in Neo-Schumpeterian Economics written by Andreas Pyka and published by Edward Elgar Publishing. This book was released on 2009-01-01 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: This judicious selection of recent essays demonstrates the applicability of the fundamental principles of neo-Schumpeterian economics, namely, innovation and uncertainty. The authors demonstrate how neo-Schumpeterian economics is developing into a comprehensive economic theory encompassing industry, the public sector and financial markets. Neo-Schumpeterian economics has become a prolific field with a major orientation towards innovation-driven industrial dynamics. However, a truly comprehensive neo-Schumpeterian approach argues that innovation is also an important element in both the public and financial sectors. For example, a lack of public infrastructure or speculative bubbles in financial markets can hinder or even prevent economic development. The expert contributions to this book deal with the future orientation of the subject in terms of innovative performance in the industrial, financial and public sectors. Recent Advances in Neo-Schumpeterian Economics can be considered a first attempt to substantiate the comprehensive neo-Schumpeterian approach, of which Horst Hanusch has been a leading proponent. This unique and path-breaking book will be of great interest and value to researchers in the fields of innovation, industrial economics, financial markets and the public sector.
Book Synopsis The Monetary Theory of Production by : Augusto Graziani
Download or read book The Monetary Theory of Production written by Augusto Graziani and published by Cambridge University Press. This book was released on 2003-09-04 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: In mainstream economic theory money functions as an instrument for the circulation of commodities or for keeping a stock of liquid wealth. In neither case is it considered fundamental to the production of goods or the distribution of income. Augusto Graziani challenges traditional theories of monetary production, arguing that a modern economy based on credit cannot be understood without a focus on the administration of credit flows. He argues that market asset configuration depends not upon consumer preferences and available technologies but on how money and credit are managed. A strong exponent of the circulation theory of monetary production, Graziani presents an original and perhaps controversial argument that will stimulate debate on the topic.
Book Synopsis Central Bank Policy by : Perry Warjiyo
Download or read book Central Bank Policy written by Perry Warjiyo and published by Emerald Group Publishing. This book was released on 2019-07-25 with total page 586 pages. Available in PDF, EPUB and Kindle. Book excerpt: Central Bank Policy: Theory and Practice analyses various policies, theories and practices adopted by central banks, as well as the institutional arrangements underlying the principles of good governance in policy-making. It is the first book to comprehensively discuss the latest theories and practices of central bank policy.
Download or read book Keynes and Marx written by Bill Dunn and published by Manchester University Press. This book was released on 2021-07-06 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: Keynes was an elitist and pro-capitalist economist, whom the left should embrace with caution. But his analysis provides a concreteness missing from Marx and engages with critical issues of the modern world that Marx could not have foreseen. This book argues that a critical Marxist engagement can simultaneously increase the power of Keynes’s insight and enrich Marxism. To understand Keynes, whose work is liberally invoked but seldom read, Dunn explores him in the context of the extraordinary times in which he lived, his philosophy, and his politics. By offering a detailed overview of Keynes’s critique of mainstream economics and General Theory, Dunn argues that Keynes provides an enduringly valuable critique of orthodoxy. The book develops a Marxist appropriation of Keynes’s insights, arguing that a Marxist analysis of unemployment, capital and the role of the state can be enriched through such a critical engagement. The point is to change the world, not just to understand it. Thus the book considers the prospects of returning to Keynes, critically reviewing the practices that have come to be known as ‘Keynesianism’ and the limits of the theoretical traditions that have made claim to his legacy.
Book Synopsis Historical Perspectives on Macroeconomics by : Philippe Fontaine
Download or read book Historical Perspectives on Macroeconomics written by Philippe Fontaine and published by Routledge. This book was released on 2005-08-12 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the publication of Keynes's General Theory of Employment, Interest and Money in 1936, macroeconomic theory has altered considerably. Each author in this volume focuses on an issue which either preceded, accompanied or followed the 'Keynesian Revolution' and helped to shape economics in subsequent years. Contributors reconsider some of the major concepts of the "General Theory": unemployment and the identity of income and output. They also highlight some of the controversies in macroeconomic theory and review the macroeconomic policy implications and consequences.
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
Book Synopsis Monetary Economics by : Jagdish Handa
Download or read book Monetary Economics written by Jagdish Handa and published by Routledge. This book was released on 2002-11-01 with total page 785 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive overview of advanced monetary economics, integrating the presentation of monetary theory with empirical formulations and their empirical tests. Unlike most texts this book brings together in a single unified source the core areas of monetary economics. Key features include: * cross-country comparison of central banking in the US, UK and developing countries * theories and empirical studies on money demand, including precautionary and buffer stock models and monetary aggregation * detailed comparison of Keynesian and modern classical macroeconomic theoretical and policy models * a focus on the role of money and financial institutions and growth.
Download or read book MEZZOECONOMICS written by Chen Yunxian and published by American Academic Press. This book was released on 2018-05-15 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph consists of six major parts, elaborating on basic aspects of mezzoeconomics, the theory of regional government foresighted leading, the dual-role theory of regional government, the dual-entity theory of regional government, the double-strong mechanism theory and the theoretical configuration of mezzoeconomics as well as the prospects for its development. It gives a full exposition of the core issues, approaches and methodological principles of mezzoeconomic researches, their breakthrough improvements upon traditional economic theorization and the broad prospects for innovative practices. This monograph fills up a blank in the theoretical system of modern economics and signifies a substantial amelioration of the theorization of modern market economy. It demonstrates through forceful exemplification and argumentation that there exists in between microeconomics represented by the enterprise and macroeconomics represented by the state mezzoeconomics represented by regional government in the system of modern economics and that both enterprises and regional governments are entities of market competition in the modern market theory, which remedies the theoretical defects in traditional economic and market theories and redefines the theories of modern economics and modern market economy.
Book Synopsis Essays In The Fundamental Theory Of Monetary Economics And Macroeconomics by : John Smithin
Download or read book Essays In The Fundamental Theory Of Monetary Economics And Macroeconomics written by John Smithin and published by World Scientific Publishing Company. This book was released on 2013-06-27 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive overview, in the form of eight long essays, of the evolution of monetary theory over the three-quarters of century, from the time of Keynes to the present day. The essays are originally based on lecture notes from a graduate course on Advanced Monetary Economics offered at York University, Toronto, written in the style of academic papers. The essays are mathematical in method — but also take a historical perspective, tracing the evolution of monetary thought through the Keynesian model, the monetarist model, new classical model, etc, up to and including the neo-Wickesellian models of the early 21st century. The book will be an essential resource for both graduate and advanced undergraduate students in economics, as well as for individual researchers seeking basic information on the theoretical background of contemporary debates.
Book Synopsis Markets, Money and Capital by : Roberto Scazzieri
Download or read book Markets, Money and Capital written by Roberto Scazzieri and published by Cambridge University Press. This book was released on 2008 with total page 467 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sir John Hicks was one of the leading economic theorists of the twentieth century, jointly winning the Nobel Prize for his work in 1972. This volume addresses Hicks's intellectual heritage and discusses how his ideas suggest a distinct approach to economic theory and policy making.
Book Synopsis Imperfect Competition, Differential Information, and Microfoundations of Macroeconomics by : Kiyohiko G. Nishimura
Download or read book Imperfect Competition, Differential Information, and Microfoundations of Macroeconomics written by Kiyohiko G. Nishimura and published by Oxford University Press. This book was released on 1995 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume links a microeconomic model of imperfectly informed firms and unions in monopolistic competition to a general theory of wage- and price-setting in a macroeconomic model. The analysis is based on a profit maximization and rational behaviour and is thus in line with the newly emerged New Keynesian approach in its emphasis on the microeconomic foundation of macroeconomics. The volume goes on to explain three stylized facts in macroeconomics: nominal rigidity, real rigidity, and cost-oriented prices, presented in a coherent New Keynesian framework. The analysis also provides new insight into the role of competition in an economy with imperfectly and differentially informed firms. It shows that increased competition may increase nominal as well as real price rigidity and increased volatility of investment.
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
Book Synopsis Reflections on the Development of Modern Macroeconomics by : Brian Snowdon
Download or read book Reflections on the Development of Modern Macroeconomics written by Brian Snowdon and published by Edward Elgar Publishing. This book was released on 1997-01-01 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a collection of essays on the development of modern macroeconomics. It reflects the profound and controversial changes that the subject has undergone in the period 1974 to 1999. Each of the eight essays focuses on an important issue relating to those changes.
Book Synopsis Introduction to Economic Geography by : Danny MacKinnon
Download or read book Introduction to Economic Geography written by Danny MacKinnon and published by Routledge. This book was released on 2014-05-22 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today’s rapidly flowing global economy, hit by recession following the financial crisis of 2008/9, means the geographical economic perspective has never been more important. An Introduction to Economic Geography comprehensively guides you through the core issues and debates of this vibrant and exciting area, whilst also exploring the range of approaches and paradigms currently invigorating the wider discipline. Rigorous and accessible, the authors demystify and enliven a crucial subject for geographical study. Underpinned by the themes of globalisation, uneven development and place, the text explores the diversity and vitality of contemporary economic geography. It balances coverage of 'traditional' areas such as regional development and labour markets with insight into new and evolving topics like neoliberalism, consumption, creativity and alternative economic practices. An Introduction to Economic Geography is an essential textbook for undergraduate students taking courses in Economic Geography, Globalisation Studies and more broadly in Human Geography. It will also be of key interest to anyone in Planning, Business and Management Studies and Economics.
Book Synopsis A Short History of Economic Thought by : Bo Sandelin
Download or read book A Short History of Economic Thought written by Bo Sandelin and published by Taylor & Francis. This book was released on 2023-08-30 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now in its fourth edition, A Short History of Economic Thought provides an elementary overview of the history of economic thought. This new edition continues to offer its trademark of clear and concise coverage of the main schools of thought and paradigm shifts in the field of mainland Europe, as well as addressing Anglo-American trends. The book has been thoroughly updated throughout in order to reflect changes in the landscape of the field. Details on key thinkers, on early developments outside the Western world, and on the recent evolution of scholarship in quantitative and non-orthodox turns have been added or expanded, while not compromising on the book’s concise approach. A chapter is devoted to each of the major developments in the history of the discipline, concluding with a chapter in which the authors draw together some of the key strands and comment on major works and textbooks in the history of economic ideas. They also reflect on the changes in economic thinking within the general context of the philosophy of science. This text is ideal for courses where the history of economic thought constitutes only a small part or required background reading. It also continues to be an extremely useful, much-needed text for all introductory economics courses in the field.
Book Synopsis A Guide to Modern Economics by : Michael Bleaney
Download or read book A Guide to Modern Economics written by Michael Bleaney and published by Routledge. This book was released on 1996-07-04 with total page 563 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work provides a valuable review of the most important developments in economic theory and application over the last decade. Comprising twenty-seven specially commissioned overviews, the volume presents a comprehensive and student-friendly guide to contemporary economics. Previously published by Routledge as part of the Companion to Contemporary Economic Thought, these essays are made available here for the first time in a concise paperback edition. A Guide to Modern Economics will be a valuable guide to all those who wish to familiarize themselves with the most recent developments in the discipline.