The New Keynesian Economics

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

Imperfect Competition and Sticky Prices

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

DOWNLOAD NOW!

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

Monetary Policy, Inflation, and the Business Cycle

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

DOWNLOAD NOW!

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

New Keynesian Economics / Post Keynesian Alternatives

Author : Roy Rotheim
Publisher : Taylor & Francis
ISBN 13 : 1134804768
Total Pages : 409 pages
Book Rating : 4.1/5 (348 download)

DOWNLOAD NOW!

Book Synopsis New Keynesian Economics / Post Keynesian Alternatives by : Roy Rotheim

Download or read book New Keynesian Economics / Post Keynesian Alternatives written by Roy Rotheim and published by Taylor & Francis. This book was released on 2013-03-07 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: The New Keynesian Economics has been the most significant development in economics in recent years. Does it actually build upon Keynes' work? In this volume, leading post Keynesian economists challenge New Keynesianism both on the grounds that it is not Keynesian, and does not provide an adequate account of our current economic problems.

New Keynesian Economics

Author : N. Gregory Mankiw
Publisher :
ISBN 13 : 9780262631341
Total Pages : 468 pages
Book Rating : 4.6/5 (313 download)

DOWNLOAD NOW!

Book Synopsis New Keynesian Economics by : N. Gregory Mankiw

Download or read book New Keynesian Economics written by N. Gregory Mankiw and published by . This book was released on 1991 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: New keynesian economics/ed. by N. Gregory Mankiw.-v.1

The General Theory of Employment, Interest, and Money

Author : John Maynard Keynes
Publisher : Springer
ISBN 13 : 3319703447
Total Pages : 430 pages
Book Rating : 4.3/5 (197 download)

DOWNLOAD NOW!

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 Springer. This book was released on 2018-07-20 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book was originally published by Macmillan in 1936. It was voted the top Academic Book that Shaped Modern Britain by Academic Book Week (UK) in 2017, and in 2011 was placed on Time Magazine's top 100 non-fiction books written in English since 1923. Reissued with a fresh Introduction by the Nobel-prize winner Paul Krugman and a new Afterword by Keynes’ biographer Robert Skidelsky, this important work is made available to a new generation. The General Theory of Employment, Interest and Money transformed economics and changed the face of modern macroeconomics. Keynes’ argument is based on the idea that the level of employment is not determined by the price of labour, but by the spending of money. It gave way to an entirely new approach where employment, inflation and the market economy are concerned. Highly provocative at its time of publication, this book and Keynes’ theories continue to remain the subject of much support and praise, criticism and debate. Economists at any stage in their career will enjoy revisiting this treatise and observing the relevance of Keynes’ work in today’s contemporary climate.

Raising Keynes

Author : Stephen A. Marglin
Publisher : Harvard University Press
ISBN 13 : 0674971027
Total Pages : 921 pages
Book Rating : 4.6/5 (749 download)

DOWNLOAD NOW!

Book Synopsis Raising Keynes by : Stephen A. Marglin

Download or read book Raising Keynes written by Stephen A. Marglin and published by Harvard University Press. This book was released on 2020-07-14 with total page 921 pages. Available in PDF, EPUB and Kindle. Book excerpt: Back to the future: a heterodox economist rewrites Keynes's General Theory of Employment, Interest, and Money to serve as the basis for a macroeconomics for the twenty-first century. John Maynard Keynes's General Theory of Employment, Interest, and Money was the most influential economic idea of the twentieth century. But, argues Stephen Marglin, its radical implications were obscured by Keynes's lack of the mathematical tools necessary to argue convincingly that the problem was the market itself, as distinct from myriad sources of friction around its margins. Marglin fills in the theoretical gaps, revealing the deeper meaning of the General Theory. Drawing on eight decades of discussion and debate since the General Theory was published, as well as on his own research, Marglin substantiates Keynes's intuition that there is no mechanism within a capitalist economy that ensures full employment. Even if deregulating the economy could make it more like the textbook ideal of perfect competition, this would not address the problem that Keynes identified: the potential inadequacy of aggregate demand. Ordinary citizens have paid a steep price for the distortion of Keynes's message. Fiscal policy has been relegated to emergencies like the Great Recession. Monetary policy has focused unduly on inflation. In both cases the underlying rationale is the false premise that in the long run at least the economy is self-regulating so that fiscal policy is unnecessary and inflation beyond a modest 2 percent serves no useful purpose. Fleshing out Keynes's intuition that the problem is not the warts on the body of capitalism but capitalism itself, Raising Keynes provides the foundation for a twenty-first-century macroeconomics that can both respond to crises and guide long-run policy.

The Science and Practice of Monetary Policy Today

Author : Volker Wieland
Publisher : Springer Science & Business Media
ISBN 13 : 3642029531
Total Pages : 140 pages
Book Rating : 4.6/5 (42 download)

DOWNLOAD NOW!

Book Synopsis The Science and Practice of Monetary Policy Today by : Volker Wieland

Download or read book The Science and Practice of Monetary Policy Today written by Volker Wieland and published by Springer Science & Business Media. This book was released on 2009-12-01 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bridging the theory and practice of monetary policy, this book presents aspects of the New-Keynesian theory of monetary policy and its implications for the practical decision-making of central bankers. It also outlines important lessons for policymakers.

Introduction to Post-Keynesian Economics

Author : M. Lavoie
Publisher : Springer
ISBN 13 : 0230626300
Total Pages : 165 pages
Book Rating : 4.2/5 (36 download)

DOWNLOAD NOW!

Book Synopsis Introduction to Post-Keynesian Economics by : M. Lavoie

Download or read book Introduction to Post-Keynesian Economics written by M. Lavoie and published by Springer. This book was released on 2007-06-15 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book shows how the realistic foundations and stylized facts of Post-Keynesian economics give rise to macroeconomic implications that are different from those of received wisdom with regards to employment, output growth, inflation and monetary theory, and offers an alternative to neoclassical economics and its free-market economic policies.

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.

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.

Keynesian Economics

Author : Alan Coddington
Publisher : Routledge
ISBN 13 : 1136516255
Total Pages : 160 pages
Book Rating : 4.1/5 (365 download)

DOWNLOAD NOW!

Book Synopsis Keynesian Economics by : Alan Coddington

Download or read book Keynesian Economics written by Alan Coddington and published by Routledge. This book was released on 2013-10-08 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Keynesian Economics provides a wide-ranging critical examination of the presuppositions and procedures of Keynesian analysis. The result is both a clear guide to modern macro-economic theory and policy and a revealing exercise in the recent history of ideas - ideas which are highly contentious and still deeply influential. "(Alan) Coddington made several substantive contributions to the understanding of Keynesian economics which established his fame not merely in the UK but in major centres of economics around the world." The Times

New Keynesian Economics: Coordination failures and real rigidities

Author : N. Gregory Mankiw
Publisher : MIT Press
ISBN 13 : 9780262631341
Total Pages : 468 pages
Book Rating : 4.6/5 (313 download)

DOWNLOAD NOW!

Book Synopsis New Keynesian Economics: Coordination failures and real rigidities by : N. Gregory Mankiw

Download or read book New Keynesian Economics: Coordination failures and real rigidities written by N. Gregory Mankiw and published by MIT Press. This book was released on 1991 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: New keynesian economics/ed. by N. Gregory Mankiw.-v.1

Keynesian Economics and Price Theory

Author : Masayuki Otaki
Publisher : Springer
ISBN 13 : 4431553452
Total Pages : 209 pages
Book Rating : 4.4/5 (315 download)

DOWNLOAD NOW!

Book Synopsis Keynesian Economics and Price Theory by : Masayuki Otaki

Download or read book Keynesian Economics and Price Theory written by Masayuki Otaki and published by Springer. This book was released on 2015-02-04 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reconstructs Keynesian macroeconomics so that it is compatible with the neoclassical dynamic microeconomic theory. This theory adopts three postulates: rational expectations, perfect price flexibility, and exclusion of the money in utility function (MIU). Based on the new theoretical finding that the Lucas model (1972) contains multiple equilibria, the author unifies Keynesian and monetarist theories within the same framework. The book applies the above basic theory to international macroeconomics and economic growth theory. New Keynesian theory contains logical inconsistencies: menu costs that have no close relationship with microeconomics and MIU, which implies that the money accumulated as wealth is never spent. These two assumptions do not proximate the real world. In this volume, the author discusses how various segregated theoretical approaches in macroeconomics relate to one another and proposes how to integrate them.

A Neo-Keynesian Theory of Inflation and Economic Growth

Author : S. Fujino
Publisher : Springer Science & Business Media
ISBN 13 : 3642481507
Total Pages : 104 pages
Book Rating : 4.6/5 (424 download)

DOWNLOAD NOW!

Book Synopsis A Neo-Keynesian Theory of Inflation and Economic Growth by : S. Fujino

Download or read book A Neo-Keynesian Theory of Inflation and Economic Growth written by S. Fujino and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Guide to Post-Keynesian Economics

Author : Alfred S. Eichner
Publisher : Taylor & Francis
ISBN 13 : 1000943488
Total Pages : 225 pages
Book Rating : 4.0/5 (9 download)

DOWNLOAD NOW!

Book Synopsis A Guide to Post-Keynesian Economics by : Alfred S. Eichner

Download or read book A Guide to Post-Keynesian Economics written by Alfred S. Eichner and published by Taylor & Francis. This book was released on 2023-04-21 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does there exist an alternative to the “neoclassical synthesis” presented to students in introductory, intermediate, and advanced economics courses? The alternative is the post-Keynesian theory which is the subject of this book.

Imperfect Competition and Sticky Prices

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

DOWNLOAD NOW!

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

The Fall and Rise of Keynesian Economics

Author : John Eatwell
Publisher : Oxford University Press, USA
ISBN 13 : 0199777691
Total Pages : 449 pages
Book Rating : 4.1/5 (997 download)

DOWNLOAD NOW!

Book Synopsis The Fall and Rise of Keynesian Economics by : John Eatwell

Download or read book The Fall and Rise of Keynesian Economics written by John Eatwell and published by Oxford University Press, USA. This book was released on 2011-06-16 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: The simple message of Eatwell & Milgate's Fall and Rise of Keynesian Economics is that it was inevitable that Keynesian economics would rise again when circumstances conspired to make it apparent that conventional macroeconomic thinking had lost its way and was unable to explain satisfactorily the most outstanding feature of our actual experience: financial instabilty and its effect on real economic activity.