Download or read book Macroeconomic Fluctuations and Individual Behaviour written by Hans van Ees and published by . This book was released on 1990* with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Macroeconomic Fluctuations and Individual Behaviour the Implications of Real and Nomical Inertia written by van Ees (Hans) and published by . This book was released on 1990 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Macroeconomic Fluctuations and Individual Behavior the Implications of Real and Nominal Inertia written by van Ees (Hans) and published by . This book was released on 1990 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Macroeconomic Fluctuations and Individual Behaviour written by Hans van Ees and published by . This book was released on 1991 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: A theoretical analysis of fluctuations in aggregate output, demand, employment and the general price level. It focuses on the characteristics of adjustment processes and aims to provide a macroeconomic analysis with a solid micro-foundation.
Download or read book Markets and Macroeconomics written by Scott J. Moss and published by . This book was released on 1984 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Macroeconomic Foundations of Macroeconomics written by Alvaro Cencini and published by Routledge. This book was released on 2012-10-12 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contrary to common belief, macroeconomics is not merely a theory of aggregates, and cannot be constructed from individual behaviour. Both nationally and internationally, there are economic laws that are logically independent of economic agents’ behaviour. These are the macroeconomic foundations of macroeconomics. Presenting cutting-edge material, Alvaro Cencini explores these foundations, and shows that the introduction of money entails economics being interpreted conceptually not mathematically. His innovative book provides the elements for a new approach by applying the most recent results of monetary analysis to the study of national and international economics. It covers recent progress in monetary theory, provides the reader with a greater understanding of the subject, and will be essential reading for economic students as well as a valuable resource for economists.
Download or read book Behavioural Macroeconomics written by Paul De Grauwe and published by . This book was released on 2019-10-17 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern macroeconomics has been based on the paradigm of the rational individual capable of understanding the complexity of the world. This has created a very shallow theory of the business cycle in which nothing happens in the macroeconomy unless shocks occur from outside. Behavioural Macroeconomics: Theory and Policy uses a different paradigm. It assumes that individual agents experience cognitive limitations preventing them from having rational expectations. Instead these individuals use simple rules of behaviour. Behavioural Macroeconomics introduces rationality by allowing individuals to learn from their mistakes and to switch to the rules that perform better. It introduces the idea of endogenously generated "animals spirits" that drive the business cycle and are in turn influenced by it, and applies this model to shed new light on a number of important issues. It analyses the role of fiscal policy in stabilizing the economy while maintaining debt sustainability; expands the model to include a banking sector and show how banks amplify the booms and busts; and explains how animal spirits help to synchronize the business cycles across countries. The model set out in Behavioural Macroeconomics leads to very different policy implications from the mainstream macroeconomic model. It shows how policymakers have a responsibility to stabilize an otherwise unstable system.
Download or read book An Inquiry Into the Nature and Causes of the Wealth of Nations written by Adam Smith and published by . This book was released on 1822 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Lectures on Macroeconomics written by Olivier Blanchard and published by MIT Press. This book was released on 1989-03-21 with total page 674 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main purpose of Lectures on Macroeconomics is to characterize and explain fluctuations in output, unemployment and movement in prices. Lectures on Macroeconomics provides the first comprehensive description and evaluation of macroeconomic theory in many years. While the authors' perspective is broad, they clearly state their assessment of what is important and what is not as they present the essence of macroeconomic theory today.The main purpose of Lectures on Macroeconomics is to characterize and explain fluctuations in output, unemployment and movement in prices. The most important fact of modern economic history is persistent long term growth, but as the book makes clear, this growth is far from steady. The authors analyze and explore these fluctuations. Topics include consumption and investment; the Overlapping Generations Model; money; multiple equilibria, bubbles, and stability; the role of nominal rigidities; competitive equilibrium business cycles, nominal rigidities and economic fluctuations, goods, labor and credit markets; and monetary and fiscal policy issues. Each of chapters 2 through 9 discusses models appropriate to the topic. Chapter 10 then draws on the previous chapters, asks which models are the workhorses of macroeconomics, and sets the models out in convenient form. A concluding chapter analyzes the goals of economic policy, monetary policy, fiscal policy, and dynamic inconsistency. Written as a text for graduate students with some background in macroeconomics, statistics, and econometrics, Lectures on Macroeconomics also presents topics in a self contained way that makes it a suitable reference for professional economists.
Download or read book Modern Economics An Analytical Study 20th Edition written by Ahuja H.L. and published by S. Chand Publishing. This book was released on 2016 with total page 1775 pages. Available in PDF, EPUB and Kindle. Book excerpt: In its 20th edition, this trusted definitive text is a comprehensive treatise on modern economics. It discusses in detail microeconomics, macroeconomics, monetary theory and policy, international economics, public finance and fiscal policy and above all economics of growth and development. The book has been exhaustively revised to provide students an in-depth understanding of the fundamental concepts and is streamlined to focus on current topics and developments in the field.
Download or read book Macroeconomics Study Guide written by Elizabeth Sawyer-Kelley and published by Macmillan. This book was released on 2006-02-15 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: For each chapter, the Study Guide provides an introduction, fill-in-the-blank chapter review, learning tips with graphical analysis, 4-5 comprehensive problems and exercises, 20 multiple-choice questions, and solutions to all fill-in-the-blank, problems, exercises, and quizzes found within the Study Guide.
Download or read book New Keynesian Economics post Keynesian Alternatives written by Roy Jeffrey Rotheim and published by Psychology Press. This book was released on 1998 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: New Keynesian Economics has been the most significant development in economics in recent years. However, many modern thinkers have asked whether it actually builds upon or merely distorts Keynes' work. This unique volume provides the first full-scale critique of the New Keynesian school of thought. Within its pages, Post-Keynesian economists, including many from the United States, challenge New Keynesianism both on the grounds that it is not Keynesian, and does not provide an adequate account of our current economic problems. Sure to provoke much new debate and even controversy, New Keynesian Economicsseeks to reconcile these two seemingly intractable systems.
Download or read book New Keynesian Economics Post Keynesian Alternatives written by Roy Rotheim and published by Routledge. This book was released on 2013-03-07 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: The New Keynesian Economics has been the most significant development in economics in recent years. Does it actually build upon Keynes' work? In this volume, leading post Keynesian economists challenge New Keynesianism both on the grounds that it is not Keynesian, and does not provide an adequate account of our current economic problems.
Download or read book The Friedman Lucas Transition in Macroeconomics written by Peter Galbács and published by Academic Press. This book was released on 2020-02-20 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Friedman-Lucas Transition in Macroeconomics: A Structuralist Approach considers how and to what extent monetarist and new classical theories of the business-cycle can be regarded as approximately true descriptions of a cycle’s causal structure or whether they can be no more than useful predictive instruments. This book will be of interest to upper-division undergraduates, graduate students, researchers and professionals concerned with practical, theoretical and historical aspects of macroeconomics and business-cycle modeling. Offers a wide selection of Robert Lucas’s unpublished works Discusses the history of business-cycle theories in the context of methodological advancements Suggests effective arguments for emphasizing the key role of representative agents and their assumed properties in macro-modeling
Download or read book Behavioral Rationality and Heterogeneous Expectations in Complex Economic Systems written by Cars Hommes and published by Cambridge University Press. This book was released on 2013-01-24 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recognising that the economy is a complex system with boundedly rational interacting agents, applies complexity modelling to economics and finance.
Download or read book Essentials of Economics Study Guide written by Rosemary Cunningham and published by Macmillan. This book was released on 2007-01-03 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: For each chapter, the Study Guide provides an introduction, fill-in-the-blank chapter review, learning tips with graphical analysis, 4-5 comprehensive problems and exercises, 20 multiple-choice questions. Also included are solutions to all fill-in-the-blank, problems, exercises, and quizzes in the Guide.
Download or read book Understanding Consumption written by Angus Deaton and published by Clarendon Press. This book was released on 1992-10-08 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an overview of the recent research on saving and consumption, a field in which substantial progress has been made over the last decade. Attempts by economists to understand saving and consumption patterns have generated some of the best science in economics. For more than fifty years, there has been serious empirical and theoretical activity, and data, theory, and policy have never been separated as has happened in many branches of economics. Research has drawn microeconomists interested in household behaviour, as well as macroeconomists, for whom the behaviour of aggregate consumption has always occupied a central role in explaining aggregate fluctuations. Econometricians have also made distinguished contributions, and there has been a steady flow of new methodologies by those working on saving and consumption, in time-series econometrics, as well as in the study of micro and panel data. A coherent account of these developments is presented here, emphasizing the interplay between micro and the macro, between studies of cross-section and panels, and those using aggregate time series data.
