Download or read book The Collected Papers of Franco Modigliani Volume 5 written by Franco Modigliani and published by National Geographic Books. This book was released on 1989-11-08 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: These two volumes bring together articles, commentaries, and excerpts by Nobel Prize-winning economist Franco Modigliani published from the late 1970s to 1989. The 11 essays collected in Volume 4 focus on money and inflation and on stabilization policies for growth and unemployment. The 21 essays in Volume 5 cover saving and wealth, deficits, the real effects of inflation, and finance.
Download or read book The Collected Papers of Franco Modigliani written by Franco Modigliani and published by . This book was released on 1980 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Collected Papers of Franco Modigliani written by Franco Modigliani and published by Mit Press. This book was released on 1989 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: These two volumes bring together articles, commentaries, and excerpts by Nobel Prize-winning economist Franco Modigliani published from the late 1970s to 1989.The 11 essays collected in Volume 4 focus on money and inflation and on stabilization policies for growth and unemployment. The 21 essays in Volume 5 cover saving and wealth, deficits, the real effects of inflation, and finance.Franco Modigliani is Institute Professor and Professor of Economics and Finance at MIT. Simon Johnson, a graduate of MIT, is Junior Scholar at the Harvard Academy of International and Area Studies.
Download or read book Franco Modigliani written by M. Szenberg and published by Springer. This book was released on 2008-01-17 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Starting with an overview of Modigliani's life, the authors explain and assess his influential theories, including his theory of the life-cycle hypothesis of saving; the famous Modigliani-Miller theorem in corporate finance; stabilisation policy; econometric model building and forecasting, and his legacy and influence on contemporary economics.
Download or read book The Nobel Memorial Laureates in Economics written by Howard R. Vane and published by Edward Elgar Publishing. This book was released on 2005 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: . . . this book will continue to share shelf-space next to my current textbooks. As a librarian, such utility makes this a desirable addition to any educator s collection. As a history of economic thought book, Vane and Mulhearn have brought together a breadth of information that can be found through disparate sources but at a cost of effort and, especially for students, qualitative decisions regarding sources. . . The convenience of their starting methodology, breadth over depth coverage, and clear intention of writing to an audience of students makes this a useful text. Kirk Douglas Johnson, Journal of the History of Economic Thought The essays summarizing the main achievements of the prize winners are well written and to the point. They are short enough that they never cause the reader to lose interest, but substantive enough to let you know what the winners accomplishments amount to. These compact, factually accurate essays mark the real value of the book as a reference work. . . there is little for which to fault the authors. Vane and Mulhearn have done a very nice job with the book, and it is an added bonus that it includes a formal portrait photograph of each prize winner. Bradley W. Bateman, History Political Economy . . . Vane and Mulhearn have produced a useful reference work. John Quiggin, Economic Analysis and Policy This collection has the capacity to surprise the reader. You learn all sorts of new and sometimes admirable things about these economists and about the richness of the profession that is often obscured from students of the subject. John Lodewijks, History of Economics Review This volume provides a non-technical description of the main published works of every Nobel Memorial (Economics) winner from the first annual award in 1969 to 2004 . . . This is a reference book par excellence . . . it will interest not only those having some involvement with economics, past or present, but it should also attract more general readers wanting to unravel some of the mysteries surrounding economics and economists. Economic Outlook and Business Review Vane and Mulhearn have produced an introduction to the careers and major publications of the 55 economists awarded the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel between 1969 and 2004. The short essays on each economist are readable and accurate; they provide a discussion of the subjects, major contributions and an introduction to the secondary literature, often with the outstanding reports on the laureates work provided to the Economic Prize Committee of the Royal Swedish Academy of Sciences. The collection is introduced with a review of the prize and the common characteristics of the winners thus far, all neatly summarized in a table with each laureate s year and country of birth, university, year of first and higher degrees, affiliation at the time of the award, field of study, and a summary citation. This volume provides a very useful introduction to the development of economic ideas in the last three-quarters of the 20th century. Highly recommended. D.E. Moggridge, Choice Every serious research economist will want to have a look at this comprehensive work. Edwin Burmeister, Research Professor of Economics, Duke University, US The award of the Nobel Prize has, for more than thirty years, been economists way of informing the public at large about what work most of them think is important, and about who has done it. Anyone seeking to understand the development of recent economic ideas and the profession that has created them must deal with the Prize s history, and Vane and Mulhearn have provided an indispensable guide to it brief, readable and accurate. David Laidler, Professor Emeritus and Bank of Montreal Professor, University of Western Ontario, Canada This is a splendid account of the personal stories of the Nobel Laureates in Economics, the diversity of practice of recent economists, and, perhaps above all, the nature o
Download or read book Monetary Theory and Stabilization Policies written by Franco Modigliani and published by MIT Press. This book was released on 1989 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Collected Papers of Franco Modigliani Volume 1 written by Franco Modigliani and published by National Geographic Books. This book was released on 1989-11-08 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This first volume of papers, articles, and essays by the late Nobel Prize-winning economist Franco Modigliani offers writings on macroeconomics.
Download or read book Business Cycles and Depressions written by David Glasner and published by Routledge. This book was released on 2013-12-16 with total page 796 pages. Available in PDF, EPUB and Kindle. Book excerpt: Experts define, review, and evaluate economic fluctuations Economic and business uncertainty dominate today's economic analyses. This new Encyclopedia illuminates the subject by offering 323 original articles on every major aspect of business cycles, fluctuations, financial crises, recessions, and depressions. The work of more than 200 experts, including many of the leading researchers in the field, the articles cover a broad range of subjects, including capsule biographies of leading economists born before 1920. Individual entries explore banking panics, the cobweb cycle, consumer durables, the depression of 1937-1938, Otto Eckstein, Friedrich Engels, experimental price bubbles, forced savings, lass-Steagall Act, Friedrich hagen, qualitative indicators, use of macro-econometric models, monetary neutrality, Phillips Curve, Paul Samuelson, Say's law, supply-side recessions, James Tokin, trend and random wages, Thorstein Veblen, worker-job turnover, and more.
Download or read book James Tobin Franco Modigliani Finn E Kydland and Edward C Prescott written by James Tobin and published by Edward Elgar Publishing. This book was released on 2010 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt: The editors have organised this comprehensive series by theme and each volume focuses on those Laureates working in the same broad area of study. The careful selection of papers within each volume is set in context by an insightful introduction to the Laureates' careers and main published works. --
Download or read book Irrational Exuberance written by Robert J. Shiller and published by Princeton University Press. This book was released on 2016-08-16 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why the irrational exuberance of investors hasn't disappeared since the financial crisis In this revised, updated, and expanded edition of his New York Times bestseller, Nobel Prize–winning economist Robert Shiller, who warned of both the tech and housing bubbles, cautions that signs of irrational exuberance among investors have only increased since the 2008–9 financial crisis. With high stock and bond prices and the rising cost of housing, the post-subprime boom may well turn out to be another illustration of Shiller's influential argument that psychologically driven volatility is an inherent characteristic of all asset markets. In other words, Irrational Exuberance is as relevant as ever. Previous editions covered the stock and housing markets—and famously predicted their crashes. This edition expands its coverage to include the bond market, so that the book now addresses all of the major investment markets. It also includes updated data throughout, as well as Shiller's 2013 Nobel Prize lecture, which places the book in broader context. In addition to diagnosing the causes of asset bubbles, Irrational Exuberance recommends urgent policy changes to lessen their likelihood and severity—and suggests ways that individuals can decrease their risk before the next bubble bursts. No one whose future depends on a retirement account, a house, or other investments can afford not to read this book.
Download or read book Economics for Financial Markets written by Brian Kettell and published by Elsevier. This book was released on 2001-11-23 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Successful trading, speculating or simply making informed decisions about financial markets means it is essential to have a firm grasp of economics. Financial market behaviour revolves around economic concepts, however the majority of economic textbooks do not tell the full story. To fully understand the behaviour of financial markets it is essential to have a model that enables new information to be absorbed and analysed with some predictive implications. That model is provided by the business cycle. 'Economics for Financial Markets' takes the reader from the basics of financial market valuation to a more sophisticated understanding of the actions that traders take which ultimately drives the volatility in the financial markets. The author shows traders, investment managers, risk managers and finance professionals how to distil the flow of information and show what needs to be concentrated on, covering topics such as: * Why are financial markets subject to economic fashions? * How has the New Economy changed financial market behaviour? * Does the creation of the euro fundamentally change the behaviour of the currency markets? Shows how to distil the vast amount of information in financial markets and identify what is important Demonstrates how the "New Economy" had changed financial market behaviour Explains how to follow the behaviour of central banks
Download or read book Inframarginal Economics written by Xiaokai Yang and published by World Scientific. This book was released on 2009 with total page 924 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph resurrects the spirit of classical economic thinking on network effects of division of labor and general equilibrium mechanisms that simultaneously determine the interdependent benefits of specialization and the number of participants in the network of division of labor (extent of the market) in a modern body of inframarginal economics. Inframarginal economics applies inframarginal analysis (nonclassical mathematical programming which allows corner solution) to studies of network effects of division of labor, individuals' networking decisions in choosing their levels of specialization, mechanisms that endogenously determine the network size and pattern of division of labor, increasing returns, and the relationship between transaction costs, evolution in institutions, property rights, contracts, organization, and the network size and pattern of division of labor. Here, inframarginal analysis is total cost-benefit analysis across different network patterns of trade and division of labor in addition to marginal analysis of resource allocation for a given pattern of organization. It provides an overarching framework that encompasses many areas of the discipline that have customarily been treated as separate branches. These include microeconomics, macroeconomics, development economics, international economics, urban economics, growth theory, industrial organization. applications of game theory in economics, economics of property rights, economics of transaction costs, economics of institutions and contracts, economics of organization, managerial economics, theory of hierarchy, new theory of the firm, theory of money, theory of insurance, theory of the network and reliability, and so on.
Download or read book World Saving written by Francesco Grigoli and published by International Monetary Fund. This book was released on 2014-11-13 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents new evidence on the behavior of saving in the world, by extending previous empirical research in five dimensions. First, it is based on a very large and recent database, covering 165 countries from 1981 to 2012. Second, it conducts a robustness analysis across different estimation techniques. Third, the empirical search is expanded by including potential saving determinants identified by theory but not previously considered in the empirical literature. Fourth, the paper explores differences in saving behavior nesting the 2008-10 crisis period and four different country groups. Finally, it also searches for commonalities and differences in behavior across national, private, household, and corporate saving rates. The results confirm in part existing research, shed light on some ambiguous or contradictory findings, and highlight the role of neglected determinants. Compared to the literature, we find a larger number of significant determinants of saving rates, using different estimators, for different periods and country groups, and for different saving aggregates.
Download or read book Economic Development and the Division of Labor written by Xiaokai Yang and published by John Wiley & Sons. This book was released on 2008-04-15 with total page 664 pages. Available in PDF, EPUB and Kindle. Book excerpt: This innovative new text from Jeffrey Sachs and Xiokai Yangintroduces students to development economics from the perspectivesof inframarginal analysis and marginal analysis. The bookdemonstrates how the new-found emphasis on inframarginal analysishas influenced a shift back to an interest in Classical Economicsfrom Neoclassical Economics. Inframarginal Analysis vs. Marginal Analysis is presented as aconsistent theoretical framework throughout. Shows how the relationship of Inframarginal Analysis toMarginal Analysis has influenced the shift back to an interest inClassical Economics from Neoclassical Economics with regard toeconomic development. Allows economists to reduce their overall reliance on marginalanalysis, which may be less relevant to development economics thanit is to the economics of development countries. Brings considerable analytic machinery to bear on importantproblems. A focus on institutions and transaction costs that is veryrelevant to development economics. Offers a thorough analysis of trade (CHs. 3 - 7) andmacroeconomics (CHs. 16 - 19), both of which are not dealth with indepth by comparable textbooks.
Download or read book Franco Modigliani and Keynesian Economics written by Antonella Rancan and published by Routledge. This book was released on 2020-06-03 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book follows the intellectual path of Franco Modigliani, Nobel Prize winner and one of the most influential Keynesian economists of the twentieth century, tracing his development and examining the impact of his research. The book begins with Modigliani’s early work as a young law student in 1930s Italy and traces his development through his emigration to the US, his introduction to Keynes’ General Theory at the New School, and his seminal 1944 article on Keynesian and classical economics. The book also examines Modigliani’s pioneering theory of savings: the life-cycle hypothesis (with Richard Brumberg), and the Modigliani–Miller theorem, a cornerstone of modern theory of finance. The book argues that although Modigliani is placed amongst the most prominent Keynesian economists, his connections with Keynesian theory are of secondary importance until the beginning of the 1960s when he joined MIT. This is the first book to place Modigliani’s thought in its proper historical context, showing how it related to wider economic concerns and examining the social and political implications of his work. It will be of interest to scholars in the history of economic thought, and especially post-war American Keynesian economics.
Download or read book The Jewish Nobel Prize in Economics written by Isaac Benguigui and published by Strategic Book Publishing & Rights Agency. This book was released on 2021-11-16 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most remarkable things about the Jewish people over the last several thousand years has been their creativity in many fields, especially in science. They have also been impressive in their participation in questioning values, dismantling dogmas, and the disruption of hidden forces. We must underscore the fact that the contribution of Jews to science was out of proportion to the percentage of the population that they represent. This remained true in the field of twentieth-century economics. In illustrating the lives and work of these Nobel Prize winners in economics, the author gives us a fascinating story of men, often exiles and of modest origins, whose science was their vocation and the sharing of knowledge their creed.
Download or read book Economic Thinkers written by David A. Dieterle and published by Bloomsbury Publishing USA. This book was released on 2013-08-08 with total page 859 pages. Available in PDF, EPUB and Kindle. Book excerpt: Who are the individuals whose novel ideas, writings, and philosophies have influenced economics throughout history—and in doing so, have helped change the world? This encyclopedia provides a readable study of economics by examining the great economists themselves. This book presents biographies of 200 economic thinkers throughout history, supplying a one-stop reference about the men and women whose ideas, writings, and philosophies created the foundation of our current understanding of economics. Depicting their subjects within the contexts of history, development economics, and econometrics, these biographies provide an insightful overview of the world of economics through the economists of significance and the many subdisciplines, topics, eras, and philosophies they represent. Economic Thinkers: A Biographical Encyclopedia begins by describing economic thinkers in ancient Greece and Rome, moves through history to cover economists in the 15th through 19th centuries, and addresses economic theory in the 20th century and the modern era. Written to be easily accessible and highly readable, the work will appeal to students, scholars, general readers, and anyone interested in learning about the historical and philosophical foundation of economics.
