Post Keynesian Monetary Economics

Author : Rousseas
Publisher : Routledge
Page : 144 pages
File Size : 53,5 Mb
Release : 2016-06-16
Category : Business & Economics
ISBN : 9781315486161

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Post Keynesian Monetary Economics by Rousseas Pdf

During the past five years, crises in the US savings and loan industry, commercial banks, and other financial institutions have borne out the ideas that Rousseas expressed in the first edition. His main theme stresses the role of innovation in the financial sector of the economy and its implications for control of the money supply and credit, as well as the larger issue of macroeconomic policy. He holds a Post-Keynesian view of an elastic and endogenous money supply that is largely founded on the "general liquidity thesis" of the Radcliffe Committee. Indeed, the elasticity of the credit structure is even greater than the Radcliffe Committee originally claimed. Tables and charts are revised through 1990, and the text has been revised accordingly. An expanded preface to the revised edition makes this book very relevant to contemporary problems and policy.

Author : Marc Lavoie
Publisher : Edward Elgar Publishing
Page : 416 pages
File Size : 50,6 Mb
Release : 2020-09-25
Category : Business & Economics
ISBN : 9781839100093

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Post-Keynesian Monetary Theory by Marc Lavoie Pdf

Post-Keynesian Monetary Theory recaps the views of Marc Lavoie on monetary theory, seen from a post-Keynesian perspective over a 35-year period. The book contains a collection of twenty previously published papers, as well as an introduction which explains how these papers came about and how they were received. All of the selected articles avoid mathematical formalism.

Author : Stephen Rousseas
Publisher : Springer
Page : 133 pages
File Size : 41,8 Mb
Release : 1986-05-30
Category : Business & Economics
ISBN : 9781349182299

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Post Keynesian Monetary Economics by Stephen Rousseas Pdf

In this book Stephen Rousseas presents a critical overview of some of the central themes of Post Keynesian monetary economics. As Rousseas sees it, Post Keynesian monetary economics rejects the neoclassical and monetarist apporaches. The money supply is seen as a function of nominal income rather than the other way around.

Author : Sheila Dow,Jesper Jespersen,Geoff Tily
Publisher : Edward Elgar Publishing
Page : 208 pages
File Size : 54,6 Mb
Release : 2018-07-27
Category : Business & Economics
ISBN : 9781786439864

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Money, Method and Contemporary Post-Keynesian Economics by Sheila Dow,Jesper Jespersen,Geoff Tily Pdf

This volume concentrates on contemporary Post-Keynesian contributions in money, method and economic policy. Post-Keynesian economics shares with Keynes the ambition of understanding the economy as a whole and as an integrated part of society. The book begins by analysing money, banks and finance as dynamic phenomena, followed by chapters focusing on methodological themes such as uncertainty, longer-term issues, sustainability and other non-monetary economic activities.

Author : Bruno Bonizzi,Annina Kaltenbrunner,Raquel A. Ramos
Publisher : Routledge
Page : 290 pages
File Size : 51,5 Mb
Release : 2021-05-05
Category : Business & Economics
ISBN : 9780429658358

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Emerging Economies and the Global Financial System by Bruno Bonizzi,Annina Kaltenbrunner,Raquel A. Ramos Pdf

This book provides a comprehensive overview of the financial integration of emerging economies through an in-depth analysis of the international monetary system, how it impacts capital flows and exchange rates, and its implications for policy making. The financial integration of emerging economies has been a remarkable development of the past two decades. The growth of cross-border transactions and asset ownership, not least through the accumulation of foreign exchange reserves, has put many of these countries in a more prominent, if still peripheral, position within the global financial system. This has not been a smooth process, as integration has been marked by cyclical waves of capital flows, with financial and currency instability often accompanying the acute phases of these cycles. While conventional economic theory traditionally sees financial integration as a positive development, Post-Keynesian economists, working in the tradition of Keynes, Minsky and Kalecki, have long taken a more sceptical viewpoint. By centring the analysis of financial dynamics on concepts as liquidity, uncertainty, balance-sheet structures and institutions, Post-Keynesian theory highlights the intrinsic character of shocks imposed by financial integration upon emerging economies, and their implications for economic growth and distribution. This book demonstrates that these analyses can be fruitfully used to gain a better understanding of financial (in)stability and economic development in emerging economies as they integrate into the global financial system. This work provides key reading for students and scholars of economics, political economy and finance that are interested in the financial integration of emerging economies, and how the heterodox tradition of Post-Keynesian economics contributes to its analysis.

Author : M. Lavoie
Publisher : Springer
Page : 150 pages
File Size : 54,6 Mb
Release : 2007-06-15
Category : Business & Economics
ISBN : 9780230626300

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Introduction to Post-Keynesian Economics by M. Lavoie Pdf

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.

Author : J. Ponsot,S. Rossi
Publisher : Springer
Page : 223 pages
File Size : 48,9 Mb
Release : 2009-10-21
Category : Political Science
ISBN : 9780230245723

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The Political Economy of Monetary Circuits by J. Ponsot,S. Rossi Pdf

This book provides cutting-edge material elaborating on monetary circuit theory and post-Keynesian monetary economics. It contributes to a new approach to monetary analysis, which provides original insights into the complex fields of money, banking, and finance.

Author : Louis-Philippe Rochon,Hassan Bougrine
Publisher : Edward Elgar Publishing
Page : 384 pages
File Size : 49,5 Mb
Release : 2020-07-31
Category : Business & Economics
ISBN : 9781786439550

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Credit, Money and Crises in Post-Keynesian Economics by Louis-Philippe Rochon,Hassan Bougrine Pdf

In this volume, Louis-Philippe Rochon and Hassan Bougrine bring together key post-Keynesian voices in an effort to push the boundaries of our understanding of banks, central banking, monetary policy and endogenous money. Issues such as interest rates, income distribution, stagnation and crises – both theoretical and empirical – are woven together and analysed by the many contributors to shed new light on them. The result is an alternative analysis of contemporary monetary economies, and the policies that are so needed to address the problems of today.

Author : Stephen William Rousseas
Publisher : Unknown
Page : 168 pages
File Size : 41,5 Mb
Release : 1998-01
Category : Chicago school of economics
ISBN : 0333721233

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Post Keynesian Monetary Economics by Stephen William Rousseas Pdf

This work offers a post-Keynesian critique of monetarism and of contemporary Keynesian theory, calling for a return to the ideas of John Maynard Keynes. The book's primary emphasis is on the endogeneity of the money supply and on the financial innovations that have served to limit the effectiveness of monetary policy. It calls for the addition of a selective control over the flow of credit in the economy as an addition to the conventional Keynesian contrcyclical tools for keeping the economy at full employment, along with a recognition that inflation is a function of money wages and not the ag.

Author : Ghislain Deleplace,Edward J. Nell
Publisher : Springer
Page : 770 pages
File Size : 55,5 Mb
Release : 2016-07-27
Category : Business & Economics
ISBN : 9781349245253

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Money in Motion by Ghislain Deleplace,Edward J. Nell Pdf

In analyzing money, contemporary economics has focused its attention on money's function as a store of value, neglecting its role as medium of circulation. When circulation is put center stage, it becomes apparent that the supply of money does indeed adapt to the needs of trade - and does so in many different ways, often ways that are difficult for a central bank to control, because they reflect the responses of banks and other financial institutions to market incentives. But money's role in circulation must be coordinated with its store of value function, and both with finance. Failure here can lead to instability. The essays in this volume by internationally renowned economists cover these issues in original and contrasting analyses, presenting the American post-Keynesian perspective, on the one hand, and the point of view of the French Circulation School, on the other.

Author : Lavoie, Marc
Publisher : Edward Elgar Publishing
Page : 744 pages
File Size : 51,6 Mb
Release : 2022-05-13
Category : Business & Economics
ISBN : 9781839109621

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Post-Keynesian Economics by Lavoie, Marc Pdf

This visionary Research Handbook presents the state of the art in research on policy design. By conceiving policy design both as a theoretical and a methodological framework, it provides scholars and practitioners with guidance on understanding policy problems and devising accurate solutions.

Author : Paul Wells
Publisher : Springer Science & Business Media
Page : 120 pages
File Size : 41,5 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461523314

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Post-Keynesian Economic Theory by Paul Wells Pdf

Post-Keynesian Economic Theory explores and develops several areas of post- Keynesian economics most in need of additional fundamental research, including: a monetary theory of production; post-Keynesian price theory; international economics; labor economics; financing aggregate demands; and the liquidity preference theory of interest. The book presents a constructive post-Keynesian critique of contemporary macroeconomic conceptualization and practice. It illustrates the illusory character of the search for unique, determinate results in the problems of macroeconomics and clearly demonstrates the complexity and resulting richness of meaningful economic theory.

Author : Marc Lavoie,Louis-Philippe Rochon,Mario Seccareccia
Publisher : Routledge
Page : 220 pages
File Size : 46,8 Mb
Release : 2015-03-26
Category : Business & Economics
ISBN : 9781317464471

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Money and Macrodynamics by Marc Lavoie,Louis-Philippe Rochon,Mario Seccareccia Pdf

Alfred Eichner's pioneering contributions to post-Keynesian econmics offered significant insights on the way modern economies and institutions actually work. Published in 1987, his "Macrodynamics of Advanced Market Economies" contains rich chapters on dynamics and growth, investment, finance and income distribution, a timely chapter on the State and fiscal policy, and two analytical chapters on endogenous money that are years ahead of their time. Featuring chapters by many of Eichner's disciples, this book celebrates his rich contributions to post-Keynesian economics, and demonstrates that his work is in many ways as valid today as it was over two decades ago.

Author : J.A. Kregel
Publisher : Springer
Page : 229 pages
File Size : 48,8 Mb
Release : 1973-06-18
Category : Political Science
ISBN : 9781349019441

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Reconstruction of Political Economy by J.A. Kregel Pdf

Author : J E King
Publisher : Edward Elgar Publishing
Page : 160 pages
File Size : 45,8 Mb
Release : 2015-06-29
Category : Keynesian economics
ISBN : 9781782548447

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Advanced Introduction to Post Keynesian Economics by J E King Pdf

Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences and law, expertly written by the worldÕs leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of