Reconstructing Keynesian Economics With Imperfect Competition

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Reconstructing Keynesian Economics with Imperfect Competition

Author : Robin Lapthorn Marris
Publisher : Edward Elgar Publishing
Page : 356 pages
File Size : 47,8 Mb
Release : 1991-01-01
Category : Business & Economics
ISBN : 1782541233

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Reconstructing Keynesian Economics with Imperfect Competition by Robin Lapthorn Marris Pdf

'Professor Robin Marris, who almost thirty years ago made pioneering contributions on the theory of managerial capitalism, has now written a fascinating and highly unusual book on Keynesian macroeconomics.' - Amitava Krishna Dutt, Review of Social Economy '. . . the book provides many valuable insights for macroeconomists on both sides of the Atlantic.' - Stephen McCafferty, Journal of Economic Literature This path-breaking book - written by a leading economist - is certain to create controversy and will lead to a fundamental reassessment of Keynesian economics. Building on his previous work on modern capitalism, Robin Marris has made an important theoretical advance which will have a major impact on the economics profession.

Reconstruction of Political Economy

Author : J.A. Kregel
Publisher : Springer
Page : 229 pages
File Size : 40,7 Mb
Release : 1973-06-18
Category : Political Science
ISBN : 9781349019441

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Reconstruction of Political Economy by J.A. Kregel Pdf

Imperfect Competition and Sticky Prices

Author : N. Gregory Mankiw,David Romer
Publisher : MIT Press
Page : 448 pages
File Size : 46,8 Mb
Release : 1991
Category : Business & Economics
ISBN : 0262631334

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Imperfect Competition and Sticky Prices by N. Gregory Mankiw,David Romer Pdf

These two volumes bring together a set of important essays that represent a "new Keynesian" perspective in economics today. This recent work shows how the Keynesian approach to economic fluctuations can be supported by rigorous microeconomic models of economic behavior. The essays are grouped in seven parts that cover costly price adjustment, staggering of wages and prices, imperfect competition, coordination failures, and the markets for labor, credit, and goods. An overall introduction, brief introductions to each of the parts, and a bibliography of additional papers in the field round out this valuable collection.Volume 1 focuses on how friction in price setting at the microeconomic level leads to nominal rigidity at the macroeconomic level, and on the macroeconomic consequences of imperfect competition, including aggregate demand externalities and multipliers. Volume 2 addresses recent research on non-Walrasian features of the labor, credit, and goods markets. Contributors George A Akerlof, Costas Azariadis, Laurence Ball, Ben S. Bernanke, Mark Bits, Olivier J. Blanchard, Alan S. Blinder, John Bryant, Andrew S. Caplin, Dennis W. Carlton, Stephen G. Cecchetti, Russell Cooper, Peter A. Diamond, Gary Fethke, Stanley Fischer, Robert E. Hall, Oliver Hart, Andrew John, Nobuhiro Kiyotaki, Alan B. Krueger, David M. Lilien, Ian M. McDonald, N. David Mankiw, Arthur M. Okun, Andres Policano, David Romer, Julio J. Rotemberg, Garth Saloner, Carl Shapiro, Andrei Shleifer, Robert M. Solow, Daniel F. Spulber, Joseph E. Stiglitz, Lawrence H. Summers, John Taylor, Andrew Weiss, Michael Woodford, Janet L. Yellen

The Reconstruction of Political Economy

Author : J. A. Kregel
Publisher : Unknown
Page : 252 pages
File Size : 52,8 Mb
Release : 1975
Category : Business & Economics
ISBN : IND:39000003383457

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The Reconstruction of Political Economy by J. A. Kregel Pdf

Financial Constraints and Market Failures

Author : Marcello Messori
Publisher : Edward Elgar Publishing
Page : 264 pages
File Size : 49,7 Mb
Release : 1999-01-01
Category : Business & Economics
ISBN : 1781959986

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Financial Constraints and Market Failures by Marcello Messori Pdf

An Italian study group made up of seven economists report their findings on how the new Keynesian economics has reacted to challenges from new classical economics by strengthening the analytical power of its models. First they discuss the theoretical unde

Unemployment, Imperfect Competition and Macroeconomics

Author : Malcolm C. Sawyer
Publisher : Edward Elgar Publishing
Page : 232 pages
File Size : 41,9 Mb
Release : 1995
Category : Business & Economics
ISBN : UOM:39015033960868

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Unemployment, Imperfect Competition and Macroeconomics by Malcolm C. Sawyer Pdf

This collection of Malcolm Sawyer's essays develops the post Keynesian analyses of unemployment, imperfect competition and macroeconomics. This important volume focuses on the causes of unemployment, a central concern of contemporary post Keynesian economics whose origins can be dated from the response to the high levels of unemployment during the 1930s. After explaining why conventional economic analysis cannot properly comprehend the phenomenon of unemployment, Professor Sawyer's book explores the relationship between demand-side and supply-side causes and argues for the relevance of both for the analysis of unemployment. Other issues discussed include the relationship between macroeconomics and imperfect competition, the post Keynesian approach to pricing and post Keynesian perspectives on industrial economics. Unemployment, Imperfect Competition and Macroeconomics, critically but sympathetically, evaluates and extends the contribution of post Keynesian analysis, and discusses the problems which those analyses face. Bringing together contributions from a major scholar working in this field, the book will be welcomed by all those interested in the post Keynesian approach and the contributions it can make to economic analysis.

The Macroeconomics of Imperfect Competition and Nonclearing Markets

Author : Jean-Pascal Benassy
Publisher : MIT Press
Page : 296 pages
File Size : 52,8 Mb
Release : 2005-01-14
Category : Business & Economics
ISBN : 0262261731

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The Macroeconomics of Imperfect Competition and Nonclearing Markets by Jean-Pascal Benassy Pdf

In this book, Jean-Pascal Benassy attempts to integrate into a single unified framework dynamic macroeconomic models reflecting such diverse lines of thought as general equilibrium theory, imperfect competition, Keynesian theory, and rational expectations. He begins with a simple microeconomic synthesis of imperfect competition and nonclearing markets in general equilibrium under rational expectations. He then applies this framework to a large number of dynamic macroeconomic models, covering such topics as persistent unemployment, endogenous growth, and optimal fiscal-monetary policies. The macroeconomic methodology he uses is similar in spirit to that of the popular real business cycles theory, but the scope is much wider. All of the models are solved "by hand," making the underlying economic mechanisms particularly clear.

Monopolistic Competition and Macroeconomic Theory

Author : Robert M. Solow
Publisher : Cambridge University Press
Page : 90 pages
File Size : 55,5 Mb
Release : 1998-11-28
Category : Business & Economics
ISBN : 0521626161

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Monopolistic Competition and Macroeconomic Theory by Robert M. Solow Pdf

Much of today's conventional macroeconomic theory presumes that markets for goods approach the state of perfect competition. Monopolistic Competition and Macroeconomic Theory assumes that markets are imperfect, so that sellers have some power over price, and must therefore form quantity expectations about the location of the firm's demand curve. The question is then about the macroeconomic implications of imperfect competition in goods markets. The first chapter is a brief survey of ideas proposed in economics including multiple equilibria. The second chapter describes a particular micro-based macro model that allows several families of equilibria. The third chapter shows how a standard locational model can be used to describe a sample macroeconomy when firms have close rivals. In this volume derived from his Federico Caffe Lecture, Nobel Laureate Robert Solow shows that there are simple and tractable micro-based models that offer the possibility of a richer and more intuitive macroeconomics.

Post-Keynesian Macroeconomics

Author : Mathew Forstater,Gary Mongiovi,Steven Pressman
Publisher : Routledge
Page : 252 pages
File Size : 42,9 Mb
Release : 2007-02
Category : Business & Economics
ISBN : 9781135981211

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Post-Keynesian Macroeconomics by Mathew Forstater,Gary Mongiovi,Steven Pressman Pdf

Edited by three well known academics and contributed to by J. Smithin, L. Moss and G.C. Harcourt, this text reflects the breath of the honouree‘s interests, covering political economy, labour economics, history of economic thought and macroeconomics.

The New Macroeconomics

Author : Huw David Dixon,Neil Rankin
Publisher : Cambridge University Press
Page : 408 pages
File Size : 50,7 Mb
Release : 1995-10-19
Category : Business & Economics
ISBN : 0521479479

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The New Macroeconomics by Huw David Dixon,Neil Rankin Pdf

Brings together leading researchers from the USA and Europe to examine the literature on the new macroeconomics.

The Reconstruction of Political Economy

Author : NA NA
Publisher : Springer
Page : 241 pages
File Size : 48,6 Mb
Release : 2015-12-25
Category : Political Science
ISBN : 9781349815234

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The Reconstruction of Political Economy by NA NA Pdf

The Reconstruction of Political Economy

Author : Jan Allen Kregel
Publisher : Unknown
Page : 128 pages
File Size : 54,6 Mb
Release : 1973
Category : Electronic
ISBN : OCLC:602772326

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The Reconstruction of Political Economy by Jan Allen Kregel Pdf

The Economics of Imperfect Competition and Employment

Author : George R. Feiwel
Publisher : Unknown
Page : 854 pages
File Size : 43,6 Mb
Release : 1989
Category : Competition, Imperfect
ISBN : STANFORD:36105034338314

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The Economics of Imperfect Competition and Employment by George R. Feiwel Pdf

The Reconstruction of Political Economy

Author : Jan Allen Kregel
Publisher : Unknown
Page : 228 pages
File Size : 42,6 Mb
Release : 1978
Category : Electronic
ISBN : OCLC:478971634

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The Reconstruction of Political Economy by Jan Allen Kregel Pdf

Joan Robinson: Writings on Economics

Author : J. Robinson
Publisher : Palgrave Macmillan
Page : 2363 pages
File Size : 46,7 Mb
Release : 2001-12-19
Category : Literary Criticism
ISBN : 0333977076

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Joan Robinson: Writings on Economics by J. Robinson Pdf

Joan Robinson was one of the most prominent economists of the century. She made fundamental contributions to many different areas of economic thought. She studied economics at Girton College Cambridge, graduating in 1925. During the 1930's she published three books and participated in Keynes 'Circus'. Her early contributions to economics were extensions of neo-classical theory, and in 1933 she introduced the theory of imperfect competition. She became an ardent follower of Keynes and produced expositions of his theory. She was one of the first economists to take Marx seriously as an economist. She became Reader in Economics at Cambridge in 1956, and in the same year she published The Accumulation of Capital - in which she began to extend Keynes theory, in particular to take into consideration long-run issues of growth and capital accumulation. Her work on growth theory in 1962, alongside Nicholas Kaldor, led to them developing the Cambridge Growth Theory. She became the first ever female Fellow of Kings College, Cambridge in 1979. This collection of her writings is an excellent testament to the depth and breadth of the impact she had on economic theory as a whole.