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Author : Klaus Schmidt-Hebbel
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 64 pages
Book Rating : 4./5 ( download)
Download or read book External Shocks in Classical and Keynesian Economies written by Klaus Schmidt-Hebbel and published by World Bank Publications. This book was released on with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Klaus Schmidt-Hebbel
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.:/5 (318 download)
Download or read book External Shocks in Classical and Keynesian Economies written by Klaus Schmidt-Hebbel and published by World Bank Publications. This book was released on 1994 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transitory and permanent shocks may have opposite effects on the current account. In particular, an increase in foreign transfers or a terms- of- trade windfall, if permanent, can result in a current account deficit. But if temporary, they cause a surplus. Liquidity constraints and wage rigidities tend to amplify the cyclical adjustment to external shocks.
Author : Klaus Schmidt-Hebbel
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (143 download)
Download or read book Dynamic Response to External Shocks in Classical and Keynesian Economics written by Klaus Schmidt-Hebbel and published by . This book was released on 1994 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Klaus Schmidt Hebbel
Publisher :
ISBN 13 :
Total Pages : 58 pages
Book Rating : 4.:/5 (777 download)
Download or read book Dynamic response to external shocks in classical and Keynesian written by Klaus Schmidt Hebbel and published by . This book was released on 1994 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Klaus Schmidt-Hebbel
Publisher :
ISBN 13 :
Total Pages : 58 pages
Book Rating : 4.:/5 (933 download)
Download or read book Dynamic Response to External Shocks in Classical and Keynesian Economies written by Klaus Schmidt-Hebbel and published by . This book was released on 1994 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Óscar Dejuán
Publisher : Routledge
ISBN 13 : 1134052154
Total Pages : 318 pages
Book Rating : 4.1/5 (34 download)
Download or read book Post-Keynesian Views of the Crisis and its Remedies written by Óscar Dejuán and published by Routledge. This book was released on 2013-08-21 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the end of the 20th century, mainstream economics was based on theories which viewed capitalism as a self-regulating system, whereby crises come about due to external shocks and would be automatically corrected by the price mechanism if it was flexible enough. Post-Keynesian economists, however, consider that the business cycle and the crises are endogenously generated. They recommend active policies as a response, though the remedies may be worse than the illness if they are not applied at the right moment and in the right proportions. The first great recession of the 21st century offers post-Keynesian economists an opportunity to prove the realism of their models. It is also a chance to make theoretical improvements, to abandon some hypotheses and to introduce new ones. This book, from a top group of international economists, analyzes the causes, consequences and evolution of the crisis from a variety of post-Keynesian perspectives. It then presents a case for realistic and essential remedies. The book is both theoretical and applied, with a global reach and a particular focus on the European debt crisis.
Author : Peter Howitt
Publisher : University of Michigan Press
ISBN 13 : 9780472102105
Total Pages : 272 pages
Book Rating : 4.1/5 (21 download)
Download or read book The Keynesian Recovery and Other Essays written by Peter Howitt and published by University of Michigan Press. This book was released on 1990 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together Howitt's key contributions to the development of macroeconomic theory
Author : John Maynard Keynes
Publisher : Springer
ISBN 13 : 3319703447
Total Pages : 404 pages
Book Rating : 4.3/5 (197 download)
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 404 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.
Author : James C.W. Ahiakpor
Publisher : Springer Science & Business Media
ISBN 13 : 9780792381495
Total Pages : 234 pages
Book Rating : 4.3/5 (814 download)
Download or read book Keynes and the Classics Reconsidered written by James C.W. Ahiakpor and published by Springer Science & Business Media. This book was released on 1998-03-31 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Keynes and the Classics Reconsidered is a collection of scholarly work re-evaluating Keynes's revolution in economic thought, both in the method of macroeconomic reasoning and in policy-making. This book brings together mostly a younger generation of economists to revisit Keynes's interpretation of the classics and its impact on macroeconomic theory and policy. There has been a considerable advance in the literature re-interpreting the classics and the early neoclassical economists. Most of the contributing authors have themselves been active participants in this reinterpretation. The participation of Robert Clower, an active participant in the Keynes versus the classics debate since the 1960s, brings a particularly significant retrospective to this fresh look at the record. Keynes and the Classics Reconsidered will be of interest to policy-makers and economists, especially those working in the areas of macro and monetary economics.
Author : Alessandro Vercelli
Publisher : Cambridge University Press
ISBN 13 : 9780521392945
Total Pages : 292 pages
Book Rating : 4.3/5 (929 download)
Download or read book Methodological Foundations of Macroeconomics written by Alessandro Vercelli and published by Cambridge University Press. This book was released on 1991-09-26 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is an investigation of the methodological and epistemological foundations of macroeconomic theory, based on an examination of the theories of Keynes and Lucas. It is divided into two parts. In the first Professor Vercelli discusses the methodological issues which lie behind the conflict among different schools of thought in macroeconomics (equilibrium and disequilibrium, risk and uncertainty, rationality and causality). These issues are central to the current debate not only in many branches of economics, but also in other scientific disciplines. The traditional point of view of science based on equilibrium, stability and determinism has been increasingly challenged by a new point of view in which disequilibrium, instability and uncertainty play a crucial role. This, the author argues, is bound to put macroeconomics in a new, more promising position. In the second part of the book the author compares the two main alternative research programmes in macroeconomics: that outlined by Keynes in his 'General Theory', and that suggested by Lucas, the leader of the new classical economists.
Author : Jan Gottschalk
Publisher : Springer Science & Business Media
ISBN 13 : 3540376798
Total Pages : 307 pages
Book Rating : 4.5/5 (43 download)
Download or read book Monetary Policy and the German Unemployment Problem in Macroeconomic Models written by Jan Gottschalk and published by Springer Science & Business Media. This book was released on 2007-04-29 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: Having the high unemployment in Germany in mind, this book discusses how macroeconomic theory has evolved over the past forty years. It shows that in recent years a convergence has taken place, with modern models embodying a Keynesian transmission mechanism, monetarist policy implication, and modeling techniques inspired by new classical economics and real business cycle theory. It also probes in which direction models may be extended from here. Empirically, the book uses different econometric techniques to investigate the relevance and implications of different macroeconomic theories for German data. A key question this book investigates is the role of demand and supply side conditions for the increase in the German unemployment rate. On a policy level, the book relates the implications of the different theories to the ongoing debate on the appropriate roles of demand and supply side policies for curing the German unemployment problem.
Author : James Crotty
Publisher : Routledge
ISBN 13 : 0429877064
Total Pages : 398 pages
Book Rating : 4.4/5 (298 download)
Download or read book Keynes Against Capitalism written by James Crotty and published by Routledge. This book was released on 2019-04-29 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Keynes is one of the most important and influential economists who ever lived. It is almost universally believed that Keynes wrote his magnum opus, The General Theory of Employment, Interest and Money, to save capitalism from the socialist, communist, and fascist forces that were rising up during the Great Depression era. This book argues that this was not the case with respect to socialism. Tracing the evolution of Keynes’s views on policy from WWI until his death in 1946, Crotty argues that virtually all post-WWII "Keynesian" economists misinterpreted crucial parts of Keynes’s economic theory, misunderstood many of his policy views, and failed to realize that his overarching political objective was not to save British capitalism, but rather to replace it with Liberal Socialism. This book shows how Keynes’s Liberal Socialism began to take shape in his mind in the mid-1920s, evolved into a more concrete institutional form over the next decade or so, and was laid out in detail in his work on postwar economic planning at Britain’s Treasury during WWII. Finally, it explains how The General Theory provided the rigorous economic theoretical foundation needed to support his case against capitalism in support of Liberal Socialism. Offering an original and highly informative exposition of Keynes’s work, this book should be of great interest to teachers and students of economics. It should also appeal to a general audience interested in the role the most important economist of the 20th century played in developing the case against capitalism and in support of Liberal Socialism. Keynes Against Capitalism is especially relevant in the context of today’s global economic and political crises.
Author : Philip Arestis
Publisher :
ISBN 13 :
Total Pages : 264 pages
Book Rating : 4.3/5 (121 download)
Download or read book Post Keynesian Economic Theory written by Philip Arestis and published by . This book was released on 1985 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This collection of major new essays offers a full range of alternative ways of looking at the economy. The alternatives adopted here focus on the post-Keynesian body of thought. The authors call into question the traditional ways of thinking on a number of economic issues... The essays offered here represent a serious challenge to the prevailing orthodoxies and demand new ways of thinking about economics."--p. [4] of cover.
Author : Philip Arestis
Publisher : Edward Elgar Publishing
ISBN 13 : 9781852781545
Total Pages : 340 pages
Book Rating : 4.7/5 (815 download)
Download or read book The Post-Keynesian Approach to Economics written by Philip Arestis and published by Edward Elgar Publishing. This book was released on 1992 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: This major new book provides a coherent critique of the neo-classical synthesis together with a comprehensive and systematic introduction to the post Keynesian alternatives. Professor Arestis demonstrates that post Keynesian economics offers a challenge to conventional neoclassical economics. He argues that although post Keynesianism is not problem-free, it nevertheless offers a more satisfactory explanation of 'real' phenomena. The post Keynesian Approach to Economicsreveals the microfoundations of post Keynesian economics and describes how these theoretical propositions link up with the macrofoundations. In doing so, it demonstrates that money pricing, capital accumulation, growth and distribution are linked very closely together. The economic policy implications are discussed extensively.
Author : Sidney Weintraub
Publisher : Philadelphia, Chilton
ISBN 13 :
Total Pages : 208 pages
Book Rating : 4.:/5 (41 download)
Download or read book Classical Keynesianism written by Sidney Weintraub and published by Philadelphia, Chilton. This book was released on 1961 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Gordon A. Fletcher
Publisher :
ISBN 13 :
Total Pages : 384 pages
Book Rating : 4.F/5 ( download)
Download or read book The Keynesian Revolution and Its Critics written by Gordon A. Fletcher and published by . This book was released on 1989 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines the pioneering economic work by John Maynard Keynes, "The General Theory of Employment, Interest and Money", and attempts to explain, with constant reference to the original sources, the complexity of Keynes' theories and the critical response they evoked.
Author : Jerome L. Stein
Publisher : New York : New York University Press
ISBN 13 : 9780814778241
Total Pages : 228 pages
Book Rating : 4.7/5 (782 download)
Download or read book Monetarist, Keynesian, and New Classical Economics written by Jerome L. Stein and published by New York : New York University Press. This book was released on 1983 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:
