Download or read book Economics of Relative Prices written by Bela Csikos-Nagy and published by Springer. This book was released on 2016-01-15 with total page 559 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economics of Relative Prices written by Csikos Nagy Bela and published by . This book was released on 1984 with total page 551 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economics of Relative Prices written by and published by . This book was released on 1989 with total page 551 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Price Level Relative Prices and Economic Stability written by David E. W. Laidler and published by . This book was released on 2003 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Relative Prices Economic Growth and Tax Policy written by Michael Sarel and published by . This book was released on 2006 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the role of relative prices in economic growth and the possibility that relative prices are (or can be) partly determined by tax policy. In the opening section, the paper links relative prices to tax policy. Using an extension to a standard model of economic growth, it demonstrates that under certain conditions a simple tax policy, that determines the relative price of investment, can affect the investment rate and the permanent growth rate of the economy. The paper develops a method to obtain consistent data on relative prices for a large set of countries. Using these data in cross-country regressions, it examines how economic growth is affected by relative prices. The results of these empirical tests identify the relative prices as a key factor affecting investment and growth.
Download or read book Relative Prices Say s Law and the Demand for Money And the Indeterminacy of Absolute Prices in Classical Economic Theory written by Patinkin, Don and published by . This book was released on 1949 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Modern Classical Economics and Reality written by Theodore Mariolis and published by Springer. This book was released on 2016-01-13 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an in-depth, novel, and mathematically rigorous treatment of the modern classical theory of value based on the spectral analysis of the price–profit–wage rate system. The classical theory is also subjected to empirical testing to show its logical consistency and explanatory content with respect to observed phenomena and key economic policy issues related to various multiplier processes. In this context, there is an examination of the trajectories of relative prices when the distributive variables change, both theoretically and empirically, using actual input–output data from a number of quite divers e economies. It is suggested that the actual economies do not behave like the parable of a one-commodity world of the traditional neoclassical theory, which theorizes the relative scarcities of “goods and production factors” as the fundamental determinants of relative prices and their movement. By contrast, the results of the empirical analysis are fully consistent with the modern classical theory, which makes the intersectoral structure of production and the way in which net output is distributed amongst its claimants the fundamental determinants of price magnitudes. At the same time, however, these results indicate that only a few vertically integrated industries (“industry core” or “hyper-basic industries”) are enough to shape the behaviour of the entire economy in the case of a disturbance. This fact is reduced to the skew distribution of the eigenvalues of the matrices of vertically integrated technical coefficients and reveals that, across countries and over time, the effective dimensions of actual economies are surprisingly low. Normal 0 false false false EN-US JA X-NONE />
Download or read book Price Theory And Applications Tenth Edition written by Steven E. Landsburg and published by World Scientific. This book was released on 2024-03-22 with total page 832 pages. Available in PDF, EPUB and Kindle. Book excerpt: Price Theory and Applications challenges students to master the economic way of understanding the world, with equal emphasis on intuition and precise logic, and special emphasis on the interplay between them. The writing is inviting, humorous, and sometimes folksy, without sacrificing the insistence that arguments need to be airtight. Important concepts are introduced via entertaining examples and fleshed out with rigor.The learning experience is supported by a vast number of intriguing and entertaining exhibits, examples, numerical exercises, and problem sets, some integrated within the text and others included at the end of chapters. The problems vary widely in their demands on students — some are straightforward applications of the theory, while others require a great deal of creativity and a willingness to think considerably outside the box.
Download or read book Why Popcorn Costs So Much at the Movies written by Richard B. McKenzie and published by Springer Science & Business Media. This book was released on 2008-04-17 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: This entertaining book seeks to unravel an array of pricing puzzles from the one captured in the book’s title to why so many prices end with "9" (as in $2.99 or $179). Along the way, the author explains how the 9/11 terrorists have, through the effects of their heinous acts on the relative prices of various modes of travel, killed more Americans since 9/11 than they killed that fateful day. He also explains how well-meaning efforts to spur the use of alternative, supposedly environmentally friendly fuels have starved millions of people around the world and given rise to the deforestation of rainforests in Malaysia and Indonesia.
Download or read book Relative Prices and Economic Adjustment in the U S and the EU written by Mr.Tamim Bayoumi and published by International Monetary Fund. This book was released on 1994-06-01 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Structural vector autoregressions are used to analyze the relationship between real output and relative prices within the EU and the United States, Relative price variability appears to be more important for adjustment within the EU than the United States, reflecting the lower integration of goods and factor markets. In the absence of higher market integration, the lower relative price variability implied by the introduction of a single currency in the EU could well cause significant economic disruption.
Download or read book Monetary Policy and the Relative Price of Durable Goods written by Alessandro Cantelmo and published by International Monetary Fund. This book was released on 2017-12-22 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a SVAR model of the US, the response of the relative price of durables to a monetary contraction is either flat or mildly positive. It significantly falls only if narrowly defined as the ratio between new-house and nondurables prices. These findings are rationalized via the estimation of a two-sector New-Keynesian (NK) models. Durables prices are estimated to be as sticky as nondurables, leading to a flat relative price response to a monetary shock. Conversely, house prices are estimated to be almost flexible. Such results survive several robustness checks and a three-sector extension of the NK model. These findings have implications for building two-sector NK models with durable and nondurable goods, and for the conduct of monetary policy.
Download or read book The Theory of Value and Distribution in Economics written by Pierangelo Garegnani and published by Routledge. This book was released on 2012-08-21 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new volume explores two alternative economic theories – the classical theory and the marginalist or neoclassical theory- through a discussion between two eminent economists, Pierangelo Garegnani and Paul Samuelson. The key themes of the volume are the difference in approaches to the explanation of the distribution of income and relative prices, and therefore different approaches to all other economic problems, in particular capital accumulation and economic growth. The book discusses whether there is a ‘classical’ approach to the theory of value and distribution at the core of economic theory that is fundamentally different from the later marginalist or neoclassical theory. In the volume, the late Pierangelo Garegnani argues for the validity of Piero Sraffa’s position on this issue, whilst the late noble laureate Paul Samuelson vehemently contests it. At a time of economic crisis, the future of the discipline is far from certain, and so it is extremely important to bring these debates back into the light, by reproducing them together for the first time. A comprehensive introduction by Heinz Kurz sets the debate in this context, and provides crucial background to the arguments.
Download or read book Market Theory and the Price System written by Israel M. Kirzner and published by Princeton (N.J.) : Van Nostrand. This book was released on 1963 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Aggregate Supply and Demand Analysis written by Paul Davidson and published by . This book was released on 1964 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Prices and Production written by Friedrich August Hayek and published by . This book was released on 1951 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Differences in Relative Prices in the EU written by and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Nature of the Firm written by Oliver E. Williamson and published by Oxford University Press, USA. This book was released on 1993 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume features a series of essays which arose from a conference on economics, addressing the question: what is the nature of the firm in economic analysis? This paperback edition includes the Nobel Lecture of R.N. Case.
