An Introduction to Modern Theories of Economic Growth

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Author :
Publisher : Antoni Bosch editor
ISBN 13 : 9788471627858
Total Pages : 342 pages
Book Rating : 4.6/5 (278 download)

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Book Synopsis An Introduction to Modern Theories of Economic Growth by : Hywel G. Jones

Download or read book An Introduction to Modern Theories of Economic Growth written by Hywel G. Jones and published by Antoni Bosch editor. This book was released on 1975 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Keynes and The General Theory Revisited

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Author :
Publisher : Routledge
ISBN 13 : 1351601253
Total Pages : 390 pages
Book Rating : 4.3/5 (516 download)

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Book Synopsis Keynes and The General Theory Revisited by : Axel Kicillof

Download or read book Keynes and The General Theory Revisited written by Axel Kicillof and published by Routledge. This book was released on 2017-07-31 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every time the economy goes through a period of crisis, Keynes’ name is called upon by economists and politicians from diverse backgrounds. However, 70 years after the publication of The General Theory of Employment, Interest and Money, specialists are still far—maybe everyday further—from reaching agreement about the genuine contents of Keynes’ most important work. This controversy has been marked by a paradoxical turn: it is above all the literature about Keynes which, in the last decades, has imposed the terms of the debate, while The General Theory lacks readers. Accused by both its detractors and admirers of being a confusing book that is inconsistent and even plagued with logical errors, the most important contribution of the most influential economist of the 20th century has been condemned to be forgotten or, at best, to live uncomfortably in the voices of those who have spoken on his behalf. This book is the result of rigorous critical research which reconstructs the spectrum of discussion surrounding Keynes’ main work. The book begins by describing the historical background and the state of the pre-Keynesian economic theory, subsequently immersing the reader in a concise but detailed—as well as innovative— interpretation of the original text. The revision of some of the main interpretative currents prepares the field for the book’s ultimate contribution: the identification of the fundamentals that sustain the analytical structure of The General Theory. At the same time, this exploration of the theoretical fundamentals of The General Theory makes this book an original intervention on the genesis and relevance of the divide between micro and macroeconomics—a division that has been fully accepted by contemporary macro theorists.

Fostering Sustainable Development Goals

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Publisher : Springer Nature
ISBN 13 : 9819772028
Total Pages : 262 pages
Book Rating : 4.8/5 (197 download)

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Book Synopsis Fostering Sustainable Development Goals by : K. P. Jaheer Mukthar

Download or read book Fostering Sustainable Development Goals written by K. P. Jaheer Mukthar and published by Springer Nature. This book was released on with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Classical Economics Today

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Publisher : Anthem Press
ISBN 13 : 178308751X
Total Pages : 276 pages
Book Rating : 4.7/5 (83 download)

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Book Synopsis Classical Economics Today by : Marcella Corsi

Download or read book Classical Economics Today written by Marcella Corsi and published by Anthem Press. This book was released on 2018-01-22 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Classical Economics Today: Essays in Honor of Alessandro Roncaglia” comprises a collection of original essays by leading economists who adopt a Classical approach to political economy. The essays showcase the relevance and topicality of the Classical approach, as opposed to the sterility and real-world irrelevance of mainstream economics.

Manuel María Ponce

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Publisher : Greenwood
ISBN 13 :
Total Pages : 318 pages
Book Rating : 4.A/5 ( download)

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Book Synopsis Manuel María Ponce by : Jorge Barrón Corvera

Download or read book Manuel María Ponce written by Jorge Barrón Corvera and published by Greenwood. This book was released on 2004 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Students and scholars alike need look no further than this book for a thorough examination of the life and works of Mexican composer Manuel M. Ponce. It is the first major Bio-Bibliographic work on Ponce with cross-references carefully placed throughout to provide ease in navigation and research. All information is carefully and clearly documented to accurately represent Ponce's vast body of work. Whether interest lies in the man behind the music or the music itself, the book gives readers everything needed to go deeper into studying and understanding this prolific composer. Opening with a concise, yet full biography of Ponce, this work contains bibliographic information on most writings by and about the composer. A complete works catalogue is included along with a comprehensive discography of commercially produced recordings. Old and rare material noted here will be of particular interest to musicians and scholars of Mexican music.

Revista de Fomento Social

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Publisher :
ISBN 13 :
Total Pages : 376 pages
Book Rating : 4.:/5 (1 download)

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Book Synopsis Revista de Fomento Social by :

Download or read book Revista de Fomento Social written by and published by . This book was released on 2005 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Business Cycles

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Publisher : World Scientific
ISBN 13 : 9812832769
Total Pages : 161 pages
Book Rating : 4.8/5 (128 download)

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Book Synopsis Business Cycles by : Sumru Altug

Download or read book Business Cycles written by Sumru Altug and published by World Scientific. This book was released on 2010 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an overview of the modern theory and empirics of business cycles. This book examines the notion of a business cycle and discusses alternative approaches to modeling. It also discusses what lies ahead for modern business cycle theory.

Libertad y Orden Espontaneo

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Publisher : Lulu.com
ISBN 13 : 1105555135
Total Pages : 104 pages
Book Rating : 4.1/5 (55 download)

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Book Synopsis Libertad y Orden Espontaneo by : Guillermo Rodríguez González

Download or read book Libertad y Orden Espontaneo written by Guillermo Rodríguez González and published by Lulu.com. This book was released on 2012-02-21 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: El libro es un análisis sobre la inviabilidad económica del socialismo --establecida en la teoría económica de la escuela de Viena desde 1922 por Ludwig von Mises y desarrollada como una completa teoría evolutiva del orden espontaneo por Friedrich von Hayek-- que concluye en sus implicaciones ecológicas, pues el verdadero gran dilema es que en la medida que sea una variante del socialismo en sentido amplio la solución propugnada por expertos y propagandistas de nuestros problemas ecológicos --más que el que estos sea reales o inventados, exactos o exagerados-- producto del impacto ambiental de la civilización industrial sobre el entorno --o al mucho menos tratado problema potencial de la capacidad real de la misma para adaptarse a grandes y rápidos cambios ecológicos producto de posibles fenómenos distintos y distantes de la actividad humana-- es la medida en la que las soluciones propuestas serán inherentemente inviables, y fracasaran.

International Journal of Political Economy

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Author :
Publisher :
ISBN 13 :
Total Pages : 416 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis International Journal of Political Economy by :

Download or read book International Journal of Political Economy written by and published by . This book was released on 2000 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt:

John Hicks

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Author :
Publisher : One Billion Knowledgeable
ISBN 13 :
Total Pages : 409 pages
Book Rating : 4.:/5 (661 download)

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Book Synopsis John Hicks by : Fouad Sabry

Download or read book John Hicks written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-02-01 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: Quién es John Hicks Fue un economista británico con el nombre de Sir John Richard Hicks. A lo largo del siglo XX, es ampliamente considerado como uno de los economistas vivos más importantes e influyentes. Las dos más conocidas de sus muchas contribuciones al tema de la economía son su formulación de la teoría de la demanda del consumidor en microeconomía y el modelo IS?LM (1937), que resumió una perspectiva keynesiana sobre la macroeconomía. Ambas contribuciones se realizaron en 1937. Valor y capital, que publicó en 1939, fue una contribución clave a la expansión del equilibrio general y la teoría del valor. Función de demanda hicksiana es el nombre que se le da a la función de demanda compensada en honor a la persona que la proporcionó. Cómo se beneficiará usted (I) Insights sobre lo siguiente: Capítulo 1: John Hicks Capítulo 2: Economía keynesiana Capítulo 3: Macroeconomía Capítulo 4: Neoclásico economía Capítulo 5: Modelo IS?LM Capítulo 6: Índice de artículos de economía Capítulo 7: Nicholas Kaldor Capítulo 8 : Escuela de Estocolmo (economía) Capítulo 9: Economía clásica Capítulo 10: La teoría general del empleo, el interés y el dinero Capítulo 11: Michio Morishima Capítulo 12: Alvin Hansen Capítulo 13: Historia del pensamiento económico Capítulo 14: Valor y capital Capítulo 15: Síntesis neoclásica Capítulo 16: Cruz keynesiana Capítulo 17: Revolución keynesiana Capítulo 18: Historia del pensamiento macroeconómico Capítulo 19: Athanasios Asimakopulos Capítulo 20: Unidad salarial Capítulo 21: El señor Keynes y los "clásicos" Para quién es este libro Profesionales, estudiantes de pregrado y posgrado, entusiastas, aficionados y aquellos que quieran ir más allá del conocimiento o la información básica sobre John Hicks.

A History of Macroeconomics from Keynes to Lucas and Beyond

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

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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.

Sovereign Risk and Belief-Driven Fluctuations in the Euro Area

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1475516800
Total Pages : 49 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Sovereign Risk and Belief-Driven Fluctuations in the Euro Area by : Giancarlo Corsetti

Download or read book Sovereign Risk and Belief-Driven Fluctuations in the Euro Area written by Giancarlo Corsetti and published by International Monetary Fund. This book was released on 2013-11-06 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sovereign risk premia in several euro area countries have risen markedly since 2008, driving up credit spreads in the private sector as well. We propose a New Keynesian model of a two-region monetary union that accounts for this “sovereign risk channel.” The model is calibrated to the euro area as of mid-2012. We show that a combination of sovereign risk in one region and strongly procyclical fiscal policy at the aggregate level exacerbates the risk of belief-driven deflationary downturns. The model provides an argument in favor of coordinated, asymmetric fiscal stances as a way to prevent selffulfilling debt crises.

A Macro-Model Approach to Monetary Policy Analysis and Forecasting for Vietnam

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1513524763
Total Pages : 25 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis A Macro-Model Approach to Monetary Policy Analysis and Forecasting for Vietnam by : Allan Dizioli

Download or read book A Macro-Model Approach to Monetary Policy Analysis and Forecasting for Vietnam written by Allan Dizioli and published by International Monetary Fund. This book was released on 2015-12-23 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper develops a small New-Keynesian FPAS model for Vietnam. The model closely matches actual data from 2000-2014. We derive an optimal monetary policy rule that minimizes variability of output, inflation, and the exchange rate. Compared to the baseline model, the optimal rule places a larger weight on output stabilization as the intermediate target to achieve inflation stability, while allowing greater exchange rate flexibility. We analyze the dynamics of key macro variables under various shocks including external and domestic demand shocks and a lift-off of U.S. interest rates. We find that the optimal monetary policy rule delivers greater macroeconomic stability for Vietnam under the shock scenarios.

Financial Frictions and Sources of Business Cycle

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1498347797
Total Pages : 33 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Financial Frictions and Sources of Business Cycle by : Marzie Taheri Sanjani

Download or read book Financial Frictions and Sources of Business Cycle written by Marzie Taheri Sanjani and published by International Monetary Fund. This book was released on 2014-10-23 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper estimates a New Keynesian DSGE model with an explicit financial intermediary sector. Having measures of financial stress, such as the spread between lending and borrowing, enables the model to capture the impact of the financial crisis in a more direct and efficient way. The model fits US post-war macroeconomic data well, and shows that financial shocks play a greater role in explaining the volatility of macroeconomic variables than marginal efficiency of investment (MEI) shocks.

Learning, Monetary Policy and Asset Prices

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1498343465
Total Pages : 34 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Learning, Monetary Policy and Asset Prices by : Mr.Marco Airaudo

Download or read book Learning, Monetary Policy and Asset Prices written by Mr.Marco Airaudo and published by International Monetary Fund. This book was released on 2015-01-23 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: We explore the stability properties of interest rate rules granting an explicit response to stock prices in a New-Keynesian DSGE model populated by Blanchard-Yaari non-Ricardian households. The constant turnover between long-time stock holders and asset-poor newcomers generates a financial wealth channel where the wedge between current and expected future aggregate consumption is affected by the market value of financial wealth, making stock prices non-redundant for the business cycle. We find that if the financial wealth channel is sufficiently strong, responding to stock prices enlarges the policy space for which the rational expectations equilibrium is both determinate and learnable (in the E-stability sense of Evans and Honkapohja, 2001). In particular, the Taylor principle ceases to be necessary and also mildly passive policy responses to inflation lead to determinacy and E-stability. Our results appear to be more prominent in economies characterized by a lower elasticity of substitution across differentiated products and/or more rigid labor markets.

Financial Frictions in Data

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1484336550
Total Pages : 33 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Financial Frictions in Data by : Marzie Taheri Sanjani

Download or read book Financial Frictions in Data written by Marzie Taheri Sanjani and published by International Monetary Fund. This book was released on 2014-12-24 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates financial frictions in US postwar data to understand the interaction between the real business cycle and the credit market. A Bayesian estimation technique is used to estimate a large Vector Autoregression and New Keynesian models demonstrating how financial shocks can have a large and sluggish impact on the economy. I identify the default risk and the maturity mismatch channels of monetary policy transmission; I further employ a generalized-IRF to establish countercyclicality of risk spreads; and I show that the maturity mismatch shocks produce a stronger impact than the default risk shocks.

Modeling Sterilized Interventions and Balance Sheet Effects of Monetary Policy in a New-Keynesian Framework

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Author :
Publisher : International Monetary Fund
ISBN 13 : 147553812X
Total Pages : 43 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Modeling Sterilized Interventions and Balance Sheet Effects of Monetary Policy in a New-Keynesian Framework by : Mr.Jaromir Benes

Download or read book Modeling Sterilized Interventions and Balance Sheet Effects of Monetary Policy in a New-Keynesian Framework written by Mr.Jaromir Benes and published by International Monetary Fund. This book was released on 2013-01-14 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study a wide range of hybrid inflation-targeting (IT) and managed exchange rate regimes, analyzing their implications for inflation, output and the exchange rate in the presence of various domestic and external shocks. To this end, we develop an open economy new-Keynesian model featuring sterilized interventions in the foreign exchange (FX) market as an additional central bank instrument operating alongside the Taylor rule, and affecting the economy through portfolio balance sheet effects in the financial sector. We find that there can be advantages to combining IT with some degree of exchange rate management via FX interventions. Unlike "pure" IT or exchange rate management via interest rates, FX interventions can help insulate the economy against certain shocks, especially shocks to international financial conditions. However, managing the exchange rate through FX interventions may also hinder necessary exchange rate adjustments, e.g., in the presence of terms of trade shocks.