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Temporary Equilibrium With A Rationing In A Two Sector Model
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Book Synopsis Macroeconomics: An Introduction to the Non-Walrasian Approach by : Jean-Pascal Benassy
Download or read book Macroeconomics: An Introduction to the Non-Walrasian Approach written by Jean-Pascal Benassy and published by Academic Press. This book was released on 2014-05-10 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: Macroeconomics: An Introduction to the Non-Walrasian Approach provides the approach to macroeconomic theory based on the non-Walrasian method. This book presents the microeconomic concepts that can be applied in a simple and relevant manner to the fundamental topics of macroeconomic theory. Organized into five parts encompassing 14 chapters, this book begins with an overview of the fundamental concepts, describing the functioning of nonclearing markets, the role of expectations, the setting of prices by decentralized agents, and the derivation of optimal demand and supplies. This text then studies various non-Walrasian equilibrium concepts. Other chapters compare the classical and Keynesian theories of unemployment in the framework of a model. This book discusses as well the asymmetric price flexibility into the basic model. The final chapter deals with a dynamic model with explicit expectations, which allows a comparison of the employment effects of various expectations schemes and their realism. This book is a valuable resource for economists.
Book Synopsis Asymmetric Information, Corporate Finance, and Investment by : R. Glenn Hubbard
Download or read book Asymmetric Information, Corporate Finance, and Investment written by R. Glenn Hubbard and published by University of Chicago Press. This book was released on 2009-05-15 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume, specialists from traditionally separate areas in economics and finance investigate issues at the conjunction of their fields. They argue that financial decisions of the firm can affect real economic activity—and this is true for enough firms and consumers to have significant aggregate economic effects. They demonstrate that important differences—asymmetries—in access to information between "borrowers" and "lenders" ("insiders" and "outsiders") in financial transactions affect investment decisions of firms and the organization of financial markets. The original research emphasizes the role of information problems in explaining empirically important links between internal finance and investment, as well as their role in accounting for observed variations in mechanisms for corporate control.
Book Synopsis The Foundations of Keynesian Analysis by : Alain Barrere
Download or read book The Foundations of Keynesian Analysis written by Alain Barrere and published by Springer. This book was released on 1988-06-18 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis General Equilibrium Models for Development Policy by : Kemal Dervis
Download or read book General Equilibrium Models for Development Policy written by Kemal Dervis and published by Cambridge University Press. This book was released on 1982-05-31 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Structural Change in Macroeconomic Models by : M.J. Vilares
Download or read book Structural Change in Macroeconomic Models written by M.J. Vilares and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book grew out of a 'Doctorat D'Etat' thesis presented at the University of Dijon-Institut Mathematique Economiques (lME). It aims to show that quantity rationing theory provides the means of improving macroeconometric modelling in the study of struc tural changes. The empirical results presented in the last chapter (concerning Portuguese economy) and in the last Appendix (con cerning the French economy), although preliminary, suggested that the effort is rewarding and should be continued. My debts are many. An important part of the research work was accomplished during my visit to the Institut National de la Statistique et des Etudes Economiques (lNSEE, Paris), where I have beneficted from stimulating discussions (particularly with P. Villa) and infor matical support. I have also received comments and suggestions from R. Quandt, J.-J. Laffont, P. Kooiman and P.-Y. Henin. I am specially indebted to P. Balestra for encouraging and valuable discussions, particularly in the field of econometric methods. My thanks go also to an anonymous referee. His constructive criticism and suggestions resulted in a number of improvements to an earlier version of this book. I cannot forget my friend A. Costa from BP A (Porto) who has helped me in the preparation of this work. Last but not least, I would like to thank my wife for her encouragement and patience throughout these years. Of course, I am the only one responsible for any remaining errors.
Book Synopsis Disequilibrium Trade Theories by : M. Itoh
Download or read book Disequilibrium Trade Theories written by M. Itoh and published by Taylor & Francis. This book was released on 2013-06-17 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two of Japan's leading economists - Motoshige Itoh and Takashi Negishi - look at trade models in a disequilibrium context.
Book Synopsis Monetary Equilibrium by : Gunnar Myrdal
Download or read book Monetary Equilibrium written by Gunnar Myrdal and published by . This book was released on 1962 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis International Economics I. by : John McMillan
Download or read book International Economics I. written by John McMillan and published by Psychology Press. This book was released on 2001 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most economic activity involves cross-border transactions at some point in the supply chain. The volumes reprinted here offer a wide range of perspectives on one of the most important areas of economics.
Book Synopsis Temporary Equilibrium by : Jean-Michel Grandmont
Download or read book Temporary Equilibrium written by Jean-Michel Grandmont and published by . This book was released on 1988 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: The collection of journal articles reproduced in this volume provides a synthesis of the progress made in the last 15 years in the theory of temporary equilibrium. Key Features * Decision making * Competitive assets markets * Models of money * Deterministic dynamics * Stochastic processes * Quantity rationing
Book Synopsis Economic Disturbances and Equilibrium in an Integrated Global Economy by : Victor A. Canto
Download or read book Economic Disturbances and Equilibrium in an Integrated Global Economy written by Victor A. Canto and published by Academic Press. This book was released on 2018-04-19 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Disturbances and Equilibrium in an Integrated Global Economy: Investment Insights and Policy Analysis helps readers develop a framework for analyzing economic events and make better, more consistent decisions. Victor Canto presents the theoretical building blocks that make up the overall framework, then expands the framework to tackle more complex problems, applying additional considerations to actual policy or investment issues. Drawing upon the most recent trends in monetary policy and international economics, the book offers sustained direct engagement with the main research question and makes innovative use of the simple concepts of supply and demand to illuminate modern finance literature. The book succeeds by highlighting the often-forgotten interconnectedness of different economic processes. How do we respond to a change in policy or an economic shock? Are all the expected changes to the general equilibrium consistent with each other? - Helps readers build an intellectual framework that enables them to interpret articles in the financial press and policy decisions in a logical and consistent manner - Differs from other books by eschewing partial equilibria analyses and instead providing a general equilibrium perspective useful for investors and policy makers - Provides supporting data on a freely-accessible website so readers can test and replicate results
Book Synopsis Handbook of International Economics by : R.W. Jones
Download or read book Handbook of International Economics written by R.W. Jones and published by Elsevier. This book was released on 1988-05-01 with total page 640 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook adopts a traditional definition of the subject, and focuses primarily on the explanation of international transactions in goods, services, and assets, and on the main domestic effects of those transactions. The first volume deals with the "real side" of international economics. It is concerned with the explanation of trade and factor flows, with their main effects on goods and factor prices, on the allocation of resources and income distribution and on economic welfare, and also with the effects on national policies designed explicitly to influence trade and factor flows. In other words, it deals chiefly with microeconomic issues and methods. The second volume deals with the "monetary side" of the subject. It is concerned with the balance of payments adjustment process under fixed exchange rates, with exchange rate determination under flexible exchange rates, and with the domestic ramifications of these phenomena. Accordingly, it deals mainly with economic issues, although microeconomic methods are frequently utilized, especially in work on expectations, asset markets, and exchange rate behavior. For more information on the Handbooks in Economics series, please see our home page on http://www.elsevier.nl/locate/hes
Book Synopsis Underemployment Equilibria by : Jacques H. Drèze
Download or read book Underemployment Equilibria written by Jacques H. Drèze and published by Cambridge University Press. This book was released on 1991 with total page 604 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 1991 book is a selection of Jacques Drèze's work over the last decade on the topics of lasting unemployment, stagflation and unused capacity. At the theoretical level, the author has contributed to the formulation and analysis of general equilibrium models which allow for price rigidities and excess supply and lend themselves to econometric implementation, thus represents an attempt to integrate micro- and macroeconomics, and to use theory for empirical and policy purposes.
Book Synopsis Advanced Lectures in Quantitative Economics by : Frederick van Der Ploeg
Download or read book Advanced Lectures in Quantitative Economics written by Frederick van Der Ploeg and published by Academic Press. This book was released on 2014-05-01 with total page 649 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advanced Lectures in Quantitative Economics summarizes some of the efforts of a second-phase program for first-rate candidates with a Master's degree in economics who wish to continue with a doctoral degree in quantitative economics. This book is organized into three main topics—macroeconomics, microeconomics, and econometrics. This text specifically discusses the Neo-Keynesian macroeconomics in an open economy, international coordination of monetary policies under alternative exchange-rate regimes, and prospects for global trade imbalances. The post-war developments in labor economics, introduction to overlapping generation models, and measurement of expectations and direct tests of the REH are also elaborated. This monograph likewise covers the dynamic econometric modeling of decisions under uncertainty and fundamental bordered matrix of linear estimation. This publication is a good reference for students and specialists interested in quantitative economics.
Book Synopsis Macrodynamics: Fluctuations and Growth by : Pierre-Yves Hénin
Download or read book Macrodynamics: Fluctuations and Growth written by Pierre-Yves Hénin and published by Routledge. This book was released on 2013-04-15 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: Building from the micro-foundations of economic behaviour to a full survey of macroeconomics, the book examines growth theory and equilibrium and disequilibrium approaches to provide a comprehensive survey of all the rival theoretical approaches that underlie central policy debates. A survey of pre-Keynesian theories of growth, fluctuations and the various short and long cycles and crises is followed by an exposition of Keynesian theory and its subsequent development and of the neo-classical revival. Topics covered include: * Non-clearing markets * Involuntary unemployment * Persistent inflation. As well as full coverage of the English-language literature, Macrodynamics covers important contributions from the new school of French macroeconomists, including Malinvaud, Benassy and Grandmont.
Author :International Institute of Public Finance. Congress Publisher :Wayne State University Press ISBN 13 :9780814320327 Total Pages :472 pages Book Rating :4.3/5 (23 download)
Book Synopsis Changes in Revenue Structures by : International Institute of Public Finance. Congress
Download or read book Changes in Revenue Structures written by International Institute of Public Finance. Congress and published by Wayne State University Press. This book was released on 1989 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Economics Working Papers by : John Fletcher
Download or read book Economics Working Papers written by John Fletcher and published by . This book was released on 1978 with total page 640 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Marco Lehmann-Waffenschmidt Publisher :Springer Science & Business Media ISBN 13 :3540686649 Total Pages :272 pages Book Rating :4.5/5 (46 download)
Book Synopsis Economic Evolution and Equilibrium by : Marco Lehmann-Waffenschmidt
Download or read book Economic Evolution and Equilibrium written by Marco Lehmann-Waffenschmidt and published by Springer Science & Business Media. This book was released on 2007-06-10 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work uses various model frameworks to study the evolution of equilibria in an open loop evolving economy in which the model characteristics evolve without any directional restrictions except for continuity. Applying mathematical methods, it is shown that equilibria can always be adapted in a piecewise gradual, non bang-bang way.
