Theoretical developments in the light of macroeconomic policy and empirical research

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ISBN 13 :
Total Pages : 43 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Theoretical developments in the light of macroeconomic policy and empirical research by : Michael Bruno

Download or read book Theoretical developments in the light of macroeconomic policy and empirical research written by Michael Bruno and published by . This book was released on 1988 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Theoretical Developments in the Light of Macroeconomic Policy and Empirical Research

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (61 download)

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Book Synopsis Theoretical Developments in the Light of Macroeconomic Policy and Empirical Research by :

Download or read book Theoretical Developments in the Light of Macroeconomic Policy and Empirical Research written by and published by . This book was released on 1988 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Theoretical Developments in the Light of Macroeconomic Policy and Empirical Research

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Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Theoretical Developments in the Light of Macroeconomic Policy and Empirical Research by : Michael Bruno

Download or read book Theoretical Developments in the Light of Macroeconomic Policy and Empirical Research written by Michael Bruno and published by . This book was released on 1988 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper surveys the macroeconomic literature of the last decade with emphasis on the implications of the New Classical and Rational Expectations critiques for the Keynesian paradigm and the role of macro policies. This is done on the background of the main macro developments of the l970'a and 1980's as well as the specific lessons of recent high (chronic) inflation processes. The paper takes an eclectic view emphasizing a synthesis that is emerging in which the basic Keynesian view of the existence of market and price co-ordination failures as well as room for Pareto improving policy intervention are maintained. At the same time the theoretical underpinnings are undergoing substantial change mainly due to a 'rational expectations' (rather than 'new classical') reformulation. The new Theory of Economic Policy is also discussed and illustrated in terms of recent stabilization experience.

Post-Keynesian Empirical Research and the Debate on Financial Market Development

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Publisher : IGI Global
ISBN 13 : 1466660198
Total Pages : 353 pages
Book Rating : 4.4/5 (666 download)

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Book Synopsis Post-Keynesian Empirical Research and the Debate on Financial Market Development by : Chaiechi, Taha

Download or read book Post-Keynesian Empirical Research and the Debate on Financial Market Development written by Chaiechi, Taha and published by IGI Global. This book was released on 2014-04-30 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: Current research often highlights the importance of financial markets as well as financial system development. However, the current literature in this field still fails to adequately explain the relationship between financial market and macroeconomic development. Post-Keynesian Empirical Research and the Debate on Financial Market Development integrates the concept of financial intermediaries with Post-Keynesian macroeconomic modeling to discuss the relationship between financial markets and systems and macroeconomic development. Discussing key macroeconomic variables such as investment, savings, and productivity growth, this timely resource is essential for students, academicians, as well as finance and economics professionals interested in uncovering the latest research in this field.

The Economics of European Integration

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Publisher : Routledge
ISBN 13 : 9780367249427
Total Pages : 562 pages
Book Rating : 4.2/5 (494 download)

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Book Synopsis The Economics of European Integration by : WILLEM. MOLLE

Download or read book The Economics of European Integration written by WILLEM. MOLLE and published by Routledge. This book was released on 2022-01-31 with total page 562 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2001. As economic integration touches ever more areas of society, more and more people are confronted by the bewildering complexity of the functioning of the European Union. Rather than merely focusing on the description of EU policies, this study of the economics of European integration seeks to: select the most relevant aspects and developments; place the wide variety of issues in a robust conceptual structure; integrate theoretical developments with the results of empirical research and of policy analysis; explain the logic of the dynamic processes; describe the structural features of the European economy; highlight the response of private companies to changes in the regulatory environment; depict the historical developments so as to give a sound basis for the understanding of the present situation and the likely future development; and set the European developments in the light of global developments. In practice Western Europe is the focus of major parts of this book.

The Macroeconomic Effects of Public Investment

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Publisher : International Monetary Fund
ISBN 13 : 1484361555
Total Pages : 26 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis The Macroeconomic Effects of Public Investment by : Mr.Abdul Abiad

Download or read book The Macroeconomic Effects of Public Investment written by Mr.Abdul Abiad and published by International Monetary Fund. This book was released on 2015-05-04 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify the causal effect of government investment in a sample of 17 OECD economies since 1985 and model simulations, the paper finds that increased public investment raises output, both in the short term and in the long term, crowds in private investment, and reduces unemployment. Several factors shape the macroeconomic effects of public investment. When there is economic slack and monetary accommodation, demand effects are stronger, and the public-debt-to-GDP ratio may actually decline. Public investment is also more effective in boosting output in countries with higher public investment efficiency and when it is financed by issuing debt.

A Macroeconomics Reader

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Publisher : Routledge
ISBN 13 : 1134729081
Total Pages : 692 pages
Book Rating : 4.1/5 (347 download)

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Book Synopsis A Macroeconomics Reader by : Brian Snowdon

Download or read book A Macroeconomics Reader written by Brian Snowdon and published by Routledge. This book was released on 1997-07-10 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Macroeconomics Reader brings together a collection of key readings in modern macroeconomics. Each article has been carefully chosen to provide the reader with accessible, non-technical, and reflective papers which critically assess important areas and current controversies within modern macroeconomics.The book is divided into six parts, each with

New Structural Economics

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Publisher : World Bank Publications
ISBN 13 : 0821389572
Total Pages : 389 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis New Structural Economics by : Justin Yifu Lin

Download or read book New Structural Economics written by Justin Yifu Lin and published by World Bank Publications. This book was released on 2012-01-01 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an innovative framework to analyze the process of industrial upgrading and diversification, a key feature of economic development. Based on this framework, it provides concrete advice to development practitioners and policy makers on how to unleash a country's growth potential.

Human Capital

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Human Capital by : Gary S. Becker

Download or read book Human Capital written by Gary S. Becker and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A diverse array of factors may influence both earnings and consumption; however, this work primarily focuses on the impact of investments in human capital upon an individual's potential earnings and psychic income. For this study, investments in human capital include such factors as educational level, on-the-job skills training, health care, migration, and consideration of issues regarding regional prices and income. Taking into account varying cultures and political regimes, the research indicates that economic earnings tend to be positively correlated to education and skill level. Additionally, studies indicate an inverse correlation between education and unemployment. Presents a theoretical overview of the types of human capital and the impact of investment in human capital on earnings and rates of return. Then utilizes empirical data and research to analyze the theoretical issues related to investment in human capital, specifically formal education. Considered are such issues as costs and returns of investments, and social and private gains of individuals. The research compares and contrasts these factors based upon both education and skill level. Areas of future research are identified, including further analysis of issues regarding social gains and differing levels of success across different regions and countries. (AKP).

An Evolutionary Theory of Economic Change

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Publisher : Harvard University Press
ISBN 13 : 9780674041431
Total Pages : 456 pages
Book Rating : 4.0/5 (414 download)

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Book Synopsis An Evolutionary Theory of Economic Change by : Richard R. Nelson

Download or read book An Evolutionary Theory of Economic Change written by Richard R. Nelson and published by Harvard University Press. This book was released on 1985-10-15 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.

Macroeconomics

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Publisher :
ISBN 13 : 9781292360911
Total Pages : 0 pages
Book Rating : 4.3/5 (69 download)

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Book Synopsis Macroeconomics by : Olivier Blanchard

Download or read book Macroeconomics written by Olivier Blanchard and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This print textbook is available for students to rent for their classes. The Pearson print rental program provides students with affordable access to learning materials, so they come to class ready to succeed. For intermediate courses in economics. A unified view of the latest macroeconomic events In Macroeconomics, Blanchard presents an integrated, global view of macroeconomics, enabling students to see the connections between goods markets, financial markets, and labor markets worldwide. Organized into two parts, the text contains a core section that focuses on short-, medium-, and long-run markets and two major extensions that offer more in-depth coverage of the issues at hand. From the major economic crisis that engulfed the world in the late 2000s, to monetary policy in the US, to the problems of the Euro area, and growth in China, the text helps students make sense not only of current macroeconomic events but also of those that may unfold in the future. Integrated, detailed boxes in the 8th Edition have been updated to convey the life of macroeconomics today, reinforce lessons from the models, and help students employ and develop their analytical and evaluative skills. Also available with MyLab Economics By combining trusted author content with digital tools and a flexible platform, MyLab personalizes the learning experience and improves results for each student.

A History of Brazilian Economic Thought

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Publisher : Taylor & Francis
ISBN 13 : 1000816796
Total Pages : 284 pages
Book Rating : 4.0/5 (8 download)

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Book Synopsis A History of Brazilian Economic Thought by : Ricardo Bielschowsky

Download or read book A History of Brazilian Economic Thought written by Ricardo Bielschowsky and published by Taylor & Francis. This book was released on 2022-12-22 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive analysis of the evolution of Brazilian economic thought ranging from colonial times through to the early 21st century. It explores the production of ideas on the Brazilian economy through various forms of publication and contemporary thoughts on economic contexts and development policies, all closely reflecting the evolution of economic history. After an editorial introduction, it opens with a discussion of the issue of the historical limits to and circumstances of the production of pure economic theory by Brazilian economists. The proceeding chapters follow the classical periodization of Brazilian economic history, starting with the colonial economy (up until the early 19th century) and the transition into an economy independent from Portugal (1808 through the 1830s) when formal independence took place in 1822. The third part deals with the "coffee era" (1840s to 1930s). The last part covers the "developmentalist" and "globalization" eras (1930–2010). This book is ideal for international and national scholars in social sciences, students in both undergraduate and graduate courses in economics, and any individuals interested in Brazilian economic and intellectual history.

Lectures on Macroeconomics

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Publisher : MIT Press
ISBN 13 : 9780262022835
Total Pages : 674 pages
Book Rating : 4.0/5 (228 download)

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Book Synopsis Lectures on Macroeconomics by : Olivier Blanchard

Download or read book Lectures on Macroeconomics written by Olivier Blanchard and published by MIT Press. This book was released on 1989-03-21 with total page 674 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main purpose of Lectures on Macroeconomics is to characterize and explain fluctuations in output, unemployment and movement in prices. Lectures on Macroeconomics provides the first comprehensive description and evaluation of macroeconomic theory in many years. While the authors' perspective is broad, they clearly state their assessment of what is important and what is not as they present the essence of macroeconomic theory today.The main purpose of Lectures on Macroeconomics is to characterize and explain fluctuations in output, unemployment and movement in prices. The most important fact of modern economic history is persistent long term growth, but as the book makes clear, this growth is far from steady. The authors analyze and explore these fluctuations. Topics include consumption and investment; the Overlapping Generations Model; money; multiple equilibria, bubbles, and stability; the role of nominal rigidities; competitive equilibrium business cycles, nominal rigidities and economic fluctuations, goods, labor and credit markets; and monetary and fiscal policy issues. Each of chapters 2 through 9 discusses models appropriate to the topic. Chapter 10 then draws on the previous chapters, asks which models are the workhorses of macroeconomics, and sets the models out in convenient form. A concluding chapter analyzes the goals of economic policy, monetary policy, fiscal policy, and dynamic inconsistency. Written as a text for graduate students with some background in macroeconomics, statistics, and econometrics, Lectures on Macroeconomics also presents topics in a self contained way that makes it a suitable reference for professional economists.

Rethinking Macro Policy II

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Publisher : International Monetary Fund
ISBN 13 : 1484365860
Total Pages : 26 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Rethinking Macro Policy II by : Mr.Olivier J. Blanchard

Download or read book Rethinking Macro Policy II written by Mr.Olivier J. Blanchard and published by International Monetary Fund. This book was released on 2013-04-15 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This note explores how the economic thinking about macroeconomic management has evolved since the crisis began. It discusses developments in monetary policy, including unconventional measures; the challenges associated with increased public debt; and the policy potential, risks, and institutional challenges associated with new macroprudential measures. Rationale: The note contributes to the ongoing debate on several aspects of macroeconomic policy. It follows up on the earlier “Rethinking” paper, refining the analysis in light of the events of the past two years. Given the relatively fluid state of the debate (e.g., recent challenges to central bank independence), it is useful to highlight that while many of the tenets of the pre-crisis consensus have been challenged, others (such as the desirability of central bank independence) remain valid.

NBER Reporter

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Publisher :
ISBN 13 :
Total Pages : 476 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis NBER Reporter by : National Bureau of Economic Research

Download or read book NBER Reporter written by National Bureau of Economic Research and published by . This book was released on 1993 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Role of Economic Advisers in Israel's Economic Policy

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Publisher : Springer
ISBN 13 : 3319606824
Total Pages : 180 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis The Role of Economic Advisers in Israel's Economic Policy by : Daniel Schiffman

Download or read book The Role of Economic Advisers in Israel's Economic Policy written by Daniel Schiffman and published by Springer. This book was released on 2018-03-06 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book illustrates the role of international economic advisors in the development of Israel’s economic policies. Based on extensive archival and historical research, it presents case studies on the policy impacts of the world-renowned advisors Michal Kalecki, Abba Lerner, Richard Kahn, Milton Friedman, Herbert Stein and Stanley Fischer. The authors evaluate the contributions of these advisors to policy developments in various fields, including international trade and capital flows, exchange rates, fiscal and monetary policy, industrial policy and labor relations. Readers will discover a wealth of previously unpublished information on these advisors’ activities, perspectives on policy and interactions with policymakers and the public. Using the Israeli experience as a guide, the authors subsequently derive general hypotheses regarding the conditions that are conducive to the success of economic advisors.

Tinbergen and Modern Economics

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Publisher : Indus Publishing
ISBN 13 : 9788173870521
Total Pages : 340 pages
Book Rating : 4.8/5 (75 download)

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Book Synopsis Tinbergen and Modern Economics by : K. Puttaswamaiah

Download or read book Tinbergen and Modern Economics written by K. Puttaswamaiah and published by Indus Publishing. This book was released on 1996 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: Collection of articles on the economic theory of Jan Tinbergen, b. 1903, Dutch economist.