Download or read book Macroeconometric Model of Fiji written by Chris Murphy and published by . This book was released on 1992 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Macroeconometric Model for Fiji written by Rup Singh and published by . This book was released on 2009 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book shows that time series methods are useful in developing structural models for policy and forecasting. It aims to show that alternative techniques such as JML and GETS are highly useful. The general to specific methodology, applied in searching for the dynamic lag structure, adequately captures the dynamics of the equations. It also shows that the two widely used time series methods, GETS and JML produce close estimates of cointegrating coefficients and, therefore, are equally useful. Further, it is noted that alternative econometric methods, if carefully used, are likely to give similar results. The work shows that it is pointless to endlessly argue that one technique is superior to another. The work guides applied researchers in developing large-scale policy models.
Download or read book Introduction to Dynamic Macroeconomic Theory written by George T. McCandless and published by Harvard University Press. This book was released on 1991 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economies are constantly in flux, and economists have long sought reliable means of analyzing their dynamic properties. This book provides a succinct and accessible exposition of modern dynamic (or intertemporal) macroeconomics. The authors use a microeconomics-based general equilibrium framework, specifically the overlapping generations model, which assumes that in every period there are two generations which overlap. This model allows the authors to fully describe economies over time and to employ traditional welfare analysis to judge the effects of various policies. By choosing to keep the mathematical level simple and to use the same modeling framework throughout, the authors are able to address many subtle economic issues. They analyze savings, social security systems, the determination of interest rates and asset prices for different types of assets, Ricardian equivalence, business cycles, chaos theory, investment, growth, and a variety of monetary phenomena. Introduction to Dynamic Macroeconomic Theory will become a classic of economic exposition and a standard teaching and reference tool for intertemporal macroeconomics and the overlapping generations model. The writing is exceptionally clear. Each result is illustrated with analytical derivations, graphically, and by worked out examples. Exercises, which are strategically placed, are an integral part of the book.
Download or read book Dynamic Macroeconomic Theory written by Thomas J. Sargent and published by Harvard University Press. This book was released on 2009-06-01 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: The tasks of macroeconomics are to interpret observations on economic aggregates in terms of the motivations and constraints of economic agents and to predict the consequences of alternative hypothetical ways of administering government economic policy. General equilibrium models form a convenient context for analyzing such alternative government policies. In the past ten years, the strengths of general equilibrium models and the corresponding deficiencies of Keynesian and monetarist models of the 1960s have induced macroeconomists to begin applying general equilibrium models. This book describes some general equilibrium models that are dynamic, that have been built to help interpret time-series of observations of economic aggregates and to predict the consequences of alternative government interventions. The first part of the book describes dynamic programming, search theory, and real dynamic capital pricing models. Among the applications are stochastic optimal growth models, matching models, arbitrage pricing theories, and theories of interest rates, stock prices, and options. The remaining parts of the book are devoted to issues in monetary theory; currency-in-utility-function models, cash-in-advance models, Townsend turnpike models, and overlapping generations models are all used to study a set of common issues. By putting these models to work on concrete problems in exercises offered throughout the text, Sargent provides insights into the strengths and weaknesses of these models of money. An appendix on functional analysis shows the unity that underlies the mathematics used in disparate areas of rational expectations economics. This book on dynamic equilibrium macroeconomics is suitable for graduate-level courses; a companion book, Exercises in Dynamic Macroeconomic Theory, provides answers to the exercises and is also available from Harvard University Press.
Download or read book Macroeconomics and Development written by Mario Damill and published by Columbia University Press. This book was released on 2016-03-15 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: Latin American neo-structuralism is a cutting-edge, regionally focused economic theory with broad implications for macroeconomics and development economics. Roberto Frenkel has spent five decades developing the theory's core arguments and expanding their application throughout the discipline, revolutionizing our understanding of high inflation and hyperinflation, disinflation programs, and the behavior of foreign exchange markets as well as financial and currency crises in emerging economies. The essays in this collection assess Latin American neo-structuralism's theoretical contributions and viability as the world's economies evolve. The authors discuss Frenkel's work in relation to pricing decisions, inflation and stabilization policy, development and income distribution in Latin America, and macroeconomic policy for economic growth. An entire section focuses on finance and crisis, and the volume concludes with a neo-structuralist analysis of general aspects of economic development. For those seeking a comprehensive introduction to contemporary Latin American economic thought, this collection not only explicates the intricate work of one of its greatest practitioners but also demonstrates its impact on the growth of economics.
Download or read book The ABCs of RBCs written by George McCandless and published by Harvard University Press. This book was released on 2008-03-31 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ABCs of RBCs is the first book to provide a basic introduction to Real Business Cycle (RBC) and New-Keynesian models. These models argue that random shocks—new inventions, droughts, and wars, in the case of pure RBC models, and monetary and fiscal policy and international investor risk aversion, in more open interpretations—can trigger booms and recessions and can account for much of observed output volatility. George McCandless works through a sequence of these Real Business Cycle and New-Keynesian dynamic stochastic general equilibrium models in fine detail, showing how to solve them, and how to add important extensions to the basic model, such as money, price and wage rigidities, financial markets, and an open economy. The impulse response functions of each new model show how the added feature changes the dynamics. The ABCs of RBCs is designed to teach the economic practitioner or student how to build simple RBC models. Matlab code for solving many of the models is provided, and careful readers should be able to construct, solve, and use their own models. In the tradition of the “freshwater” economic schools of Chicago and Minnesota, McCandless enhances the methods and sophistication of current macroeconomic modeling.
Download or read book Fiji Before the Storm written by Brij V. Lal and published by ANU E Press. This book was released on 2012-12-01 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume had its genesis in a series of seminars and workshops held at The Australian National University under the auspices of the Centre for the Contemporary Pacific and the National Centre for Development Studies.
Download or read book Complexity Endogenous Money and Macroeconomic Theory written by Mark Setterfield and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 437 pages. Available in PDF, EPUB and Kindle. Book excerpt: That the chapters in the volume cover such a wide range of important, often fundamental, topics is a proper tribute to Basil Moore s influence and contributions over his working life. From the foreword by G.C. Harcourt, Jesus College, Cambridge, UK During a distinguished career, Basil Moore has made numerous important contributions to macroeconomics and monetary economics, and is renowned as the progenitor of the horizontalist analysis of endogenous money. More recently, he has embraced complexity theory as part of an ongoing effort to understand macroeconomics as an evolving, path-dependent process. This book celebrates and explores Basil Moore s interests in and contributions to monetary and macroeconomic theory. Complexity, Endogenous Money and Macroeconomic Theory features original essays by internationally acclaimed and expert authors. It comprises a selection of papers on five distinct but interrelated themes: economic concepts, tools and methodology; complexity, uncertainty and path dependence; the macroeconomics of endogenous money; the macroeconomics of exogenous interest rates; and unemployment, inflation and the determination of aggregate income. These papers combine to provide a comprehensive methodological and theoretical discussion of the macroeconomics of a monetary production economy. The book will be of interest to professionals and research students in the fields of macroeconomics and monetary economics especially those with an interest in the Post Keynesian approach to analyzing these fields, including the wide audience that has been reached by the contributions of Basil Moore himself.
Download or read book Dealing with the Challenges of Macro Financial Linkages in Emerging Markets written by Otaviano Canuto and published by World Bank Publications. This book was released on 2013-10-29 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with the challenges of macro financial linkages in the emerging markets.
Download or read book Modeling the Fiji Economy written by Mark Sturton and published by Australian Geographic. This book was released on 1989 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Managing Macroeconomic Policies for Sustainable Growth written by John Asafu-Adjaye and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'These experienced economists use CGE modelling to analyse the consequences of significant contemporary economic and environmental policies in several Asia-Pacific countries and in Africa. This has not been done previously for several of the economies concerned. This path-breaking, economy-wide study assesses policies relating to agricultural development, trade and industrial development, energy, greenhouse gases and climate change. This readable book should appeal to a wide audience, including students, policymakers and researchers.' Clem Tisdell, University of Queensland, Australia The authors expertly reveal a model-based analysis of economic development and environmental issues with policy prescriptions for enhancing sustainable development. Within the last four decades, there has been a rapid deterioration in the quality of our environmental and natural resources, raising grave concerns about the sustainability of unbridled economic growth. In light of these concerns, the authors analyse a range of economic and environmental issues, and propose policy recommendations that would enhance sustainable economic growth. The book covers a variety of issues related to economic development, trade, energy and climate change, and focuses on countries in the Asia-Pacific region including Australia, Thailand, Papua New Guinea and Fiji. Managing Macroeconomic Policies For Sustainable Growth uniquely discusses aspects of the CGE modelling approach that will prove informative for academic researchers and postgraduate students in the areas of economic development and environmental policy. This original book will also appeal to policy analysts and policymakers in public and private institutions.
Download or read book Heterodox Macroeconomics written by Robert A. Blecker and published by Edward Elgar Publishing. This book was released on 2019 with total page 598 pages. Available in PDF, EPUB and Kindle. Book excerpt: p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 10.0px Arial} The last few decades have witnessed an outpouring of literature on macroeconomic models in the broad ‘heterodox’ tradition of Marx, Keynes, Robinson, Kaldor and Kalecki. These models yield an alternative analytical framework in which the big questions of our day – such as how inequality is related to growth or stagnation, and whether long-run growth is stable or unstable – can be fruitfully addressed. Heterodox Macroeconomics provides an accessible, pedagogically oriented treatment of the leading models and approaches in heterodox macroeconomics with clear, step-by-step presentations of core models and their solutions, properties and implications.
Download or read book Exercises in Dynamic Macroeconomic Theory written by Rodolfo E. Manuelli and published by Harvard University Press. This book was released on 2009-06-01 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a companion volume to Dynamic Macroeconomic Theory by Thomas J. Sargent. It provides scrimmages in dynamic macroeconomic theory--precisely the kind of drills that people will need in order to learn the techniques of dynamic programming and its applications to economics. By doing these exercises, the reader can acquire the ability to put the theory to work in a variety of new situations, build technical skill, gain experience in fruitful ways of setting up problems, and learn to distinguish cases in which problems are well posed from cases in which they are not.The basic framework provided by variants of a dynamic general equilibrium model is used to analyze problems in macroeconomics and monetary economics. An equilibrium model provides a mapping from parameters of preferences, technologies, endowments, and "rules of the game" to a probability model for time series. The rigor of the logical connections between theory and observations that the mapping provides is an attractive feature of dynamic equilibrium, or "rational expectations," models. This book gives repeated and varied practice in constructing and interpreting this mapping.
Download or read book An Investment Equation for Fiji written by Raj Singh and published by . This book was released on 2006 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fiji Diplomatic Handbook Volume 1 Strategic Information and Developments written by IBP USA and published by Lulu.com. This book was released on with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fiji written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-05-19 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2009 Article IV Consultation highlights that Fiji’s growth has been sluggish in recent years because of delays in economic reforms, worsening terms of trade, and political developments that have strained Fiji’s international relations and hurt business confidence. Fiji’s economy is expected to have contracted by 21⁄2 percent in 2009, reflecting the adverse impact of the global crisis on exports and tourism. Recent developments have put considerable pressure on the budget. Executive Directors have supported a tight monetary policy to ensure that inflation returns to low levels and to protect foreign exchange reserves.
Download or read book Confronting Fiji Futures written by A. Haroon Akram-Lodhi and published by ANU Press. This book was released on 2016-01-15 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiji, post-independence, has seen several governments, two military coups and, amidst sweeping social, economic and political changes, the presence of divisive identity politics in its journey towards a united, collective Fiji community. This republished edition of Confronting Fiji Futures takes in these landmark events and eventualities, and aims at a forward-looking assessment of the realities facing Fiji in the present and the future. It focuses on the period of the coups up to and including the 1999 general elections, when an explicitly multiethnic party won government in a surprise landslide result. This book is the result of a collaborative research project based at the Institute of Social Studies, The Hague, in the Netherlands — an institution with a long tradition of collaborative teaching, research and advisory services in the South Pacific region. It aims to present a range of relevant issues from a number of vantage points. It has brought together a strong diversity of authors led by A. Haroon Akram-Lodhi, including John Cameron, Ganesh Chand, Martin Doornbos, Yash Ghai, Holger Korth, Sunil Kumar, Biman Prasad, Jacqueline Leckie, Satendra Prasad, Steve Ratuva, Robbie Robertson, Ardeshir Sepehri and William Sutherland.
