Macrodynamics Fluctuations And Growth

Author : Pierre-Yves Hénin
Publisher : Routledge
Page : 480 pages
File Size : 44,9 Mb
Release : 2013-04-15
Category : Business & Economics
ISBN : 9781135033453

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Macrodynamics: Fluctuations and Growth by Pierre-Yves Hénin Pdf

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 : Pierre-Yves Henin
Publisher : Unknown
Page : 455 pages
File Size : 52,8 Mb
Release : 2010
Category : Economic development
ISBN : OCLC:1090069355

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Macrodynamics by Pierre-Yves Henin Pdf

Author : Pierre-Yves Hénin
Publisher : Routledge
Page : 465 pages
File Size : 53,5 Mb
Release : 2013-04-15
Category : Business & Economics
ISBN : 9781135033460

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Macrodynamics: Fluctuations and Growth by Pierre-Yves Hénin Pdf

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 : Peter Flaschel,Reiner Franke,Willi Semmler
Publisher : MIT Press
Page : 484 pages
File Size : 40,7 Mb
Release : 1997
Category : Business & Economics
ISBN : 0262061910

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Dynamic Macroeconomics by Peter Flaschel,Reiner Franke,Willi Semmler Pdf

An attempt to revitalize the traditions of nonmarket clearing approaches to macroeconomics. Using tools from dynamic analysis, the text introduces a consistent, integrated framework for disequilibrium macroeconomic dynamics and explore its relationship to the competing equilibrium dynamics.

Author : Brian L. Scarfe
Publisher : New York : McGraw-Hill
Page : 328 pages
File Size : 50,8 Mb
Release : 1977
Category : Business cycles
ISBN : UCAL:B4373840

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Cycles, Growth, and Inflation by Brian L. Scarfe Pdf

Author : Maurice Wentworth Lee
Publisher : Unknown
Page : 674 pages
File Size : 49,5 Mb
Release : 1963
Category : Business cycles
ISBN : UOM:49015000929605

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Macroeconomics by Maurice Wentworth Lee Pdf

Author : Steve Dowrick,Rohan Pitchford,Stephen J. Turnovsky
Publisher : Unknown
Page : 183 pages
File Size : 41,5 Mb
Release : 2004
Category : Economic development
ISBN : 0511195397

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Economic Growth and Macroeconomic Dynamics by Steve Dowrick,Rohan Pitchford,Stephen J. Turnovsky Pdf

The development of the endogenous growth model rekindled interest in growth theory. In contrast to the neo-classical model, long-run endogenous growth emerged as an equilibrium outcome, reflecting the behaviour of optimizing agents in the economy. This book brings together a number of contributions in growth theory and macroeconomic dynamics, reflecting these developments and the ongoing debate over the relative merits of neo-classical and endogenous growth models. It focuses on the emergence of three important aspects: First, it develops growth models that extend the underlying theory in different directions. Second, it addresses one of the concerns of the literature on growth and dynamics: the statistical properties of underlying data and the effort to ensure that growth models are consistent with empirical evidence. Third, it discusses the increasingly international focus of macrodynamics and growth theory, an inevitable consequence of the integration of the world economy.

Author : A.P. Thirlwall,Giorgio Rampa,Luciano Stella
Publisher : Springer
Page : 325 pages
File Size : 45,6 Mb
Release : 2015-12-31
Category : Business & Economics
ISBN : 9781349269310

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Economic Dynamics, Trade and Growth by A.P. Thirlwall,Giorgio Rampa,Luciano Stella Pdf

Sir Roy Harrod was one of the foremost economists of the twentieth century who made pioneering contributions in several branches of economics including: trade cycle theory; growth theory; trade theory; monetary economics; imperfect competition theory, and methodology. This volume arises out of a conference to celebrate the sixtieth anniversary of the publication of his book The Trade Cycle in 1936. After an introductory essay by Walter Eltis, a student of Harrod, this volume contains important essays on the interpretation of Harrod's work in the field of economic dynamics by Danial Besomi and Maurizio Pugno, and in the field of trade and growth by Tony Thirlwall, John McCombie and Luca Bendictis. Finally, Warren Young, in the process of writing Harrod's biography, uses correspondence between Harrod and Haberler to elucidate Harrod's views on trade theory, international monetary reform and inflation.

Author : M. Setterfield
Publisher : Springer
Page : 203 pages
File Size : 45,8 Mb
Release : 1996-12-17
Category : Business & Economics
ISBN : 9780230375871

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Rapid Growth and Relative Decline by M. Setterfield Pdf

Do high rates of economic growth create conditions favourable to their own maintenance? Or can a period of high growth 'sow the seeds of its own destruction'? This book addresses these questions by conceiving growth and structural change as path dependent processes. Methodological, theoretical and empirical insights are combined in an extended model of cumulative causation, which shows how endogenously induced technological and institutional changes may cause the dynamics of a period of high growth to break down. This casts new light on the debate over Britain's economic decline.

Author : Philip Arestis,J. Gabriel Palma,Malcolm Charles Sawyer
Publisher : Routledge
Page : 488 pages
File Size : 55,5 Mb
Release : 1996
Category : Electronic
ISBN : 9781134784189

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Capital Controversy, Post Keynesian Economics and the History of Economic Thought by Philip Arestis,J. Gabriel Palma,Malcolm Charles Sawyer Pdf

Author : Peter Flaschel
Publisher : Springer Science & Business Media
Page : 402 pages
File Size : 48,6 Mb
Release : 2008-12-11
Category : Business & Economics
ISBN : 9783540879329

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The Macrodynamics of Capitalism by Peter Flaschel Pdf

This book provides an introduction to advanced macrodynamics, viewed as a di- quilibriumtheoryof?uctuatinggrowth. Itbuildsonanearlierattempttoreformulate 1 the foundations of macroeconomics from the perspective of real markets diseq- librium and the con?ict over income distribution between capital and labor. It does so, not because it wants to support the view that this class con?ict is inevitable, but with the perspective that an understanding of this con?ict may help to formulate socio-economic principles and policies that can help to overcome class con?ict at least in its cruder forms or that can even lead to rationally understandable proce- 2 dures and rules that turn this con?ict into a consensus-driven interaction between 3 capitalists or their representatives and the employable workforce. The book starts from established theories of temporary equilibrium positions, the forces of real growth, and the con?ict over income distribution, represented by basic modeling approaches, which it considers in detail in its Part I in order to prepare the ground for their integration in Part II of the book. In this way we inspect what types of models of disequilibrium, income distribution, and real growth we have at our disposal, as models that have proved to be of real interest and sound from a rigorous modeling perspective.

Author : Peter Flaschel,Gangolf Groh,Christian Proano,Willi Semmler
Publisher : Springer Science & Business Media
Page : 512 pages
File Size : 49,9 Mb
Release : 2008-07-03
Category : Business & Economics
ISBN : 9783540725428

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Topics in Applied Macrodynamic Theory by Peter Flaschel,Gangolf Groh,Christian Proano,Willi Semmler Pdf

This insightful book presents topics in applied dynamic macrotheory for closed and open economies. The authors give an advanced treatment of macroeconomic topics such as the Phillips curve, forward and backward looking behavior, open economy macrodynamics, structural macroeconometric model building as well as the empirics of Keynesian oriented macro models. The dynamics of open economies in the context of interacting two country models are treated as well.

Author : Piero Ferri,Edward Greenberg
Publisher : Springer Science & Business Media
Page : 172 pages
File Size : 46,5 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9783642772412

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Wages, Regime Switching, and Cycles by Piero Ferri,Edward Greenberg Pdf

The initial purposes of this book were to update and extend the discussion and the results presented ill our previous book, The Labor Market and Business Cycle Theories. Our 1990 article, which appeared in The Journal of Economic Behavior and Organization, represented a first step in this direction. The consequences of this effort have materialized in a number of new chapters that has led de facto to a new book, in which the surviving parts have been largely revised. The 1989 book was too mathematically oriented for many Keynesians and post Keynesians to be fully appreciated and insufficiently microfounded for both new classicals and new-Keynesians to be warmly accepted, yet we received positive and encouraging comments, and it was sold out very quickly. It was an attempt to dis cuss dynamics in Keynesian terms, based on a double assumption that maintains its validity-that both economic facts and analytical and methodological innova tions had contributed to a renewed interest in business cycles, which over time has had its "ups and downs." Since then, many more articles and books have appeared, stressing in particular the role of microfoundations and of nonlinearities in shaping business cycle theory.

Author : Alfred S. Eicher
Publisher : Routledge
Page : 380 pages
File Size : 51,5 Mb
Release : 2017-09-29
Category : Political Science
ISBN : 9781351696746

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Revival: The Megacorp and Oligopoly: Micro Foundations of Macro Dynamics (1981) by Alfred S. Eicher Pdf

This title was first published in 1976. This book provides both an explanation of the inflation which has bedeviled economic policy in the West since the end of World War II and a micro-economic theory to purge Keynesian models of the Walrasian strain derived from Marshall's Principles. By focusing on what is taken to be the representative business firm of the twentieth century - the large corporation or megacorp - the microeconomic model presented in the book reverses the usual assumptions of economic analysis. Instead of assuming the existence of firms with no control over prices, the book examines how the megacorp uses its pricing power to finance its own internal rate of growth. The result is a determinant model of how prices are set under the sort of oligopolistic conditions which prevail in most modern industries throughout the world.

Author : George Alogoskoufis
Publisher : MIT Press
Page : 801 pages
File Size : 47,7 Mb
Release : 2019-12-17
Category : Business & Economics
ISBN : 9780262043014

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Dynamic Macroeconomics by George Alogoskoufis Pdf

An advanced treatment of modern macroeconomics, presented through a sequence of dynamic equilibrium models, with discussion of the implications for monetary and fiscal policy. This textbook offers an advanced treatment of modern macroeconomics, presented through a sequence of dynamic general equilibrium models based on intertemporal optimization on the part of economic agents. The book treats macroeconomics as applied and policy-oriented general equilibrium analysis, examining a number of models, each of which is suitable for investigating specific issues but may be unsuitable for others. After presenting a brief survey of the evolution of macroeconomics and the key facts about long-run economic growth and aggregate fluctuations, the book introduces the main elements of the intertemporal approach through a series of two-period competitive general equilibrium models—the simplest possible intertemporal models. This sets the stage for the remainder of the book, which presents models of economic growth, aggregate fluctuations, and monetary and fiscal policy. The text focuses on a full analysis of a limited number of key intertemporal models, which are stripped down to essentials so that students can focus on the dynamic properties of the models. Exercises encourage students to try their hands at solving versions of the dynamic models that define modern macroeconomics. Appendixes review the main mathematical techniques needed to analyze optimizing dynamic macroeconomic models. The book is suitable for advanced undergraduate and graduate students who have some knowledge of economic theory and mathematics for economists.