A Macroeconomic Analysis Of Profit

Author : Andrea Carrera
Publisher : Routledge
Page : 193 pages
File Size : 47,9 Mb
Release : 2019-04-09
Category : Business & Economics
ISBN : 9781351213332

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A Macroeconomic Analysis of Profit by Andrea Carrera Pdf

Based on the observation of economic reality, this book provides for the foundations of a new structure of national payment systems. Specifically, to this end, a rigorous accounting for money transactions, savings, and invested profit is suggested, with a major aim to settle sustainable lending levels. Profit lies at the heart of economic activities. Indeed, companies, from small to large, seek net gains to remunerate shareholders and to increase their assets. Yet, economists are far from sharing a common theory of profit. Using mathematical tools and a discursive approach, this book contributes to the debates in such regard, in the attempt to provide new answers to old economic issues. What is macroeconomic profit? Is there any relationship between wages, lending, and profit? This book is an accesible resource for economists and financial experts as well as global economics students, researchers, academics and historians alike. It will challenge policy-makers and professionals and lead them on a thought-provoking journey through the realm of macroeconomics.

Author : Andrea Carrera
Publisher : Routledge
Page : 174 pages
File Size : 46,6 Mb
Release : 2019-04-09
Category : Business & Economics
ISBN : 9781351213349

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A Macroeconomic Analysis of Profit by Andrea Carrera Pdf

Based on the observation of economic reality, this book provides for the foundations of a new structure of national payment systems. Specifically, to this end, a rigorous accounting for money transactions, savings, and invested profit is suggested, with a major aim to settle sustainable lending levels. Profit lies at the heart of economic activities. Indeed, companies, from small to large, seek net gains to remunerate shareholders and to increase their assets. Yet, economists are far from sharing a common theory of profit. Using mathematical tools and a discursive approach, this book contributes to the debates in such regard, in the attempt to provide new answers to old economic issues. What is macroeconomic profit? Is there any relationship between wages, lending, and profit? This book is an accesible resource for economists and financial experts as well as global economics students, researchers, academics and historians alike. It will challenge policy-makers and professionals and lead them on a thought-provoking journey through the realm of macroeconomics.

Author : Ali Anari,James W. Kolari
Publisher : Springer Science & Business Media
Page : 180 pages
File Size : 46,5 Mb
Release : 2009-12-01
Category : Business & Economics
ISBN : 9781441906496

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The Power of Profit by Ali Anari,James W. Kolari Pdf

How can business leaders make better production and capital investment decisions? How can Wall Street analysts improve their predictions of future stock market values? How can government improve macroeconomic forecasts and policies? In The Power of Profit, Anari and Kolari demonstrate how profit measures can be applied as the basis for these and many other applications of economic, policy, financial, and business analysis. The underlying theme of the book is that profitability is the driving force in free market economies. Firms invest in capital, produce goods and services, and generate sales in an effort to reap profits. Firms that are unprofitable exit the marketplace and are replaced by profitable firms. Despite the crucial importance of profits, however, there is no formal model that directly relates profits to capital formation and output. Previous studies over the past 100 years on profit and the economy are mainly descriptive in nature, without any well-specified model grounded in microeconomic theory. Filling this gap, the authors present a profit system model of the firm grounded in basic accounting relationships in addition to the well-known Cobb-Douglas production function, which can be applied to individual firms, industries, and the business sector as a whole. Through rigorous data analysis, the authors show how the profit system modelcan be applied to: modeling the U.S. business sector and national economy forecasting output, capital stock, total profit, profit rates, and profit margins examining the relationships among profitability, economic growth, and the business cycle simulating the effects of potential monetary policy changes on the business sector and national economy valuing the Standard & Poor’s stock market index as well as individual firms. The result is a model that integrates microeconomic and macroeconomic factors and that can be widely applied in business and economic decisions, policymaking, research, and teaching.

Author : Mitsuhiko Iyoda
Publisher : Springer Science & Business Media
Page : 175 pages
File Size : 52,6 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9789401153768

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Profits, Wages and Productivity in the Business Cycle by Mitsuhiko Iyoda Pdf

The purpose of this book is to explain the changes in specific macroeconomic variables such as the relative share of labour, the profit rate and the real wage rate in advanced capitalist economies, in relation to the influence of the business cycle in income distribution. To explain these changes the author examines three types of theory - Kaldorian theory, the Real Business Cycle theory, and the new Keynesian theory - with a specific focus on Kaldor's approach.

Author : J.A. Kregel
Publisher : Routledge
Page : 233 pages
File Size : 54,9 Mb
Release : 2017-09-05
Category : Business & Economics
ISBN : 9781351494854

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Rate of Profit, Distribution and Growth by J.A. Kregel Pdf

A controversy among economists has raged in the pages of professional journals for the last decade. The debate concerns capital theory and distribution theory, as well as interpretation of models of long-run economic growth. This book is an attempt to integrate recent developments in capital theory and show their implications for models of long-run economic growth in mature capitalistic countries.This book first presents the von Neumann model and outlines its classical approach to the rate of profits and distribution. Sraffa's resolution of the value-price transformation problem is then presented and compared with Samuelson's ""Surrogate Production Function"". With the results of this comparison and the delineation of the special case in which the ""Surrogate"" is valid, several existing models of growth are set out in two representative groups.Neoclassical models form the first group. These are defined by their reliance on marginal theory to determine factor prices, the rate of profit and therefore distribution via the perfectly differentiable production function. Models of Meade, Tobin, Solow, and Samuelson- Modigliani are outlined and analyzed for their treatment and distribution and profits theory. The second group is comprised of models within the strict Keynesian tradition. The basic groundwork of these models as found in the work of Keynes and Kalecki is first cited. The Keynesian models are characterized by their assumption that the investment decision is totally independent of savings decisions in the economy. The models of Harrod, Kaldor, Pasinetti and Joan Robinson are presented and their method of approach to the rate of profits and distribution is analyzed.The concluding chapter focuses on some criticisms brought against the Keynesian models and offers some generalized formulations to deal with these neoclassical objections. General conclusions follow the treatment of each representative group and author.

Author : Fouad Sabry
Publisher : One Billion Knowledgeable
Page : 344 pages
File Size : 55,9 Mb
Release : 2024-01-07
Category : Business & Economics
ISBN : PKEY:6610000501731

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Profit Motive by Fouad Sabry Pdf

What is Profit Motive The profit motive is a term used in economics to describe the desire that drives businesses to behave in such a way as to maximize their earnings. According to the conventional microeconomic theory, the ultimate objective of a company is "to make money." This is not in the sense of raising the company's stock of means of payment; rather, it is in the sense of "increasing net worth." To put it another way, the creation of a profit is the primary motivation behind the existence of a firm.The theory of rational choice, which states that economic actors have a tendency to follow what is in their own best interests, is based on the principle that the profit motive is an essential component. According to this theoretical framework, the primary objective of firms is to maximize profits in order to benefit themselves and/or their shareholders. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Profit motive Chapter 2: Capitalism Chapter 3: Ethical egoism Chapter 4: Microeconomics Chapter 5: Macroeconomics Chapter 6: Neoclassical economics Chapter 7: Homo economicus Chapter 8: Index of economics articles Chapter 9: Price Chapter 10: Economic equilibrium Chapter 11: Invisible hand Chapter 12: Managerial economics Chapter 13: Economics in One Lesson Chapter 14: Shareholder value Chapter 15: Enlightened self-interest Chapter 16: Ernst Fehr Chapter 17: Samuel Bowles (economist) Chapter 18: Economic depression Chapter 19: Friedman doctrine Chapter 20: Perspectives on capitalism by school of thought Chapter 21: Economic opportunism (II) Answering the public top questions about profit motive. (III) Real world examples for the usage of profit motive in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of profit motive.

Author : Ali Anari,James W. Kolari
Publisher : Unknown
Page : 194 pages
File Size : 55,9 Mb
Release : 2010-04-17
Category : Electronic
ISBN : 1441906509

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The Power of Profit by Ali Anari,James W. Kolari Pdf

Author : Edward Shapiro
Publisher : Houghton Mifflin Harcourt P
Page : 536 pages
File Size : 53,6 Mb
Release : 1974
Category : Business & Economics
ISBN : 0155512099

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Macroeconomic Analysis by Edward Shapiro Pdf

Macroeconomic measurement: national income accounting; Macroeconomic theory: determination of national income and output; Cycles, growth, and stabilization.

Author : Alvaro Cencini
Publisher : Taylor & Francis
Page : 483 pages
File Size : 44,8 Mb
Release : 2022-11-25
Category : Business & Economics
ISBN : 9781351271318

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Bernard Schmitt’s Quantum Macroeconomic Analysis by Alvaro Cencini Pdf

The aim of Bernard Schmitt’s analysis of the monetary economy of production was twofold: to introduce and to explain the logical character of the macroeconomic laws governing our economies and to explain the origin of the pathologies that follow if these laws are not complied with. Schmitt’s main original contributions concern the theories of value, profit, and capital, as well as his explanation of inflation, unemployment and international payments, unified as quantum macroeconomic analysis. This book expounds on the key principles of quantum macroeconomic analysis as he conceived and developed them. Schmitt’s starting point was the analysis of bank money and the way it is associated with produced output. His macroeconomics was not founded on microeconomics nor derived from the aggregation of microeconomic variables. Schmitt’s theory does not rely on mathematics and modelling either; instead, it is based on logical laws derived from the nature of money and monetary payments. Part I of this book deals with the quantum macroeconomic analysis of capitalism and its pathologies developed by Schmitt and provides the elements necessary to understand its ‘structural’ mechanism. Parts II and III deal with the principles of two reforms that enable the passage from capitalism to post-capitalism and from the present non-system of international payments to an orderly system. This book provides essential reading for all those interested in heterodox approaches to macroeconomics, monetary economics, banking, international economics, and the history of economic thought.

Author : Jean-Luc Bailly,Alvaro Cencini,Sergio Rossi
Publisher : Taylor & Francis
Page : 202 pages
File Size : 51,8 Mb
Release : 2016-10-04
Category : Business & Economics
ISBN : 9781317287865

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Quantum Macroeconomics by Jean-Luc Bailly,Alvaro Cencini,Sergio Rossi Pdf

Quantum Macroeconomics presents a new paradigm in macroeconomic analysis initiated by Bernard Schmitt. It explains the historical origin, the analytical contents, and the actual relevance of this new paradigm, with respect to current major economic issues at national and international level. These issues concern both advanced and emerging market economies, referring to inflation, unemployment, financial instability, and economic crises. In the first part of this volume, leading scholars explain the historical origin and analytical content of quantum macroeconomics. The second part explores its relevance with respect to the current major economic issues such as the sovereign debt crisis and European monetary union. The volume also features two previously unpublished papers by Bernard Schmitt. The main findings of this book concern the need to go beyond agents’ behaviour to understand the structural origin of a variety of macroeconomic problems, notably, inflation, unemployment, financial instability, and economic crises. The originality that pervades all contributions is plain, when one considers the lack of any structural explanation of national and international economic disorders in the literature within the mainstream approach to economics. This edited volume is of great interest to those who study macroeconomics, monetary economics and money and banking.

Author : Stephen A. Marglin,Amit Bhaduri
Publisher : Unknown
Page : 62 pages
File Size : 49,8 Mb
Release : 1987
Category : Keynesian economics
ISBN : UOM:39015016886528

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Profit Squeeze and Keynesian Theory by Stephen A. Marglin,Amit Bhaduri Pdf

Author : Edward J. Nell,Willi Semmler
Publisher : Springer
Page : 622 pages
File Size : 55,8 Mb
Release : 1991-06-18
Category : Business & Economics
ISBN : 9781349109470

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Nicholas Kaldor and Mainstream Economics by Edward J. Nell,Willi Semmler Pdf

An examination of the role of Nicholas Kaldor within economics. Topics covered range from Kaldor's discovery of the Von Neumann input-output model, to cyclical growth in a Kaldorian model, to Nicholas Kaldor as advocate of commodity reserve currency.

Author : Ms.TengTeng Xu,Kun Hu,Mr.Udaibir S Das
Publisher : International Monetary Fund
Page : 54 pages
File Size : 54,5 Mb
Release : 2019-01-11
Category : Business & Economics
ISBN : 9781484393802

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Bank Profitability and Financial Stability by Ms.TengTeng Xu,Kun Hu,Mr.Udaibir S Das Pdf

We analyze how bank profitability impacts financial stability from both theoretical and empirical perspectives. We first develop a theoretical model of the relationship between bank profitability and financial stability by exploring the role of non-interest income and retail-oriented business models. We then conduct panel regression analysis to examine the empirical determinants of bank risks and profitability, and how the level and the source of bank profitability affect risks for 431 publicly traded banks (U.S., advanced Europe, and GSIBs) from 2004 to 2017. Results reveal that profitability is negatively associated with both a bank’s contribution to systemic risk and its idiosyncratic risk, and an over-reliance on non-interest income, wholesale funding and leverage is associated with higher risks. Low competition is associated with low idiosyncratic risk but a high contribution to systemic risk. Lastly, the problem loans ratio and the cost-to-income ratio are found to be key factors that influence bank profitability. The paper’s findings suggest that policy makers should strive to better understand the source of bank profitability, especially where there is an over-reliance on market-based non-interest income, leverage, and wholesale funding.

Author : Lance Taylor
Publisher : Cambridge University Press
Page : 145 pages
File Size : 53,5 Mb
Release : 2020-08-20
Category : Business & Economics
ISBN : 9781108494632

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Macroeconomic Inequality from Reagan to Trump by Lance Taylor Pdf

An innovative approach to measuring inequality providing the first full integration of distributional and macro level data for the US.

Author : Masudul Alam Choudhury,Uzir Abdul Malik
Publisher : Springer
Page : 356 pages
File Size : 46,6 Mb
Release : 2016-07-27
Category : Business & Economics
ISBN : 9781349219735

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The Foundations of Islamic Political Economy by Masudul Alam Choudhury,Uzir Abdul Malik Pdf

This rigorously written book on the areas of Islamic principle theory and application is expected to break new ground in modern economic analysis, both for the Islamically inclined and others. The main features of the book include analytical treatments of the essential axioms and instruments of Islamic Political Economy, their expected application, and a comparative perspective both in respect to contemporary Islamic literature as well as comparative economic theory.