Involuntary Unemployment As A Principal Agent Equilibrium


 Involuntary Unemployment As A Principal Agent Equilibrium
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Involuntary Unemployment As A Principal Agent Equilibrium


 Involuntary Unemployment As A Principal Agent Equilibrium
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Author : James Foster
language : en
Publisher:
Release Date : 1983

Involuntary Unemployment As A Principal Agent Equilibrium written by James Foster and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1983 with Unemployment categories.




Efficiency Wage Models Of The Labor Market


Efficiency Wage Models Of The Labor Market
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Author : George A. Akerlof
language : en
Publisher: Cambridge University Press
Release Date : 1986-11-28

Efficiency Wage Models Of The Labor Market written by George A. Akerlof and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986-11-28 with Business & Economics categories.


The contributors explore the reasons why involuntary unemployment happens when supply equals demand.



Recent Developments In The Theory Of Involuntary Unemployment


Recent Developments In The Theory Of Involuntary Unemployment
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Author : Carl Davidson
language : en
Publisher:
Release Date : 1990

Recent Developments In The Theory Of Involuntary Unemployment written by Carl Davidson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Unemployment categories.


Summarises the following theories of unemployment, which have emerged since the 1960s: search, disequilibrium (i.e. fixed price models), implicit contracts, efficiency wage, and insider/outsider models.



Imperfect Competition And Sticky Prices


Imperfect Competition And Sticky Prices
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Author : N. Gregory Mankiw
language : en
Publisher: MIT Press
Release Date : 1991

Imperfect Competition And Sticky Prices written by N. Gregory Mankiw and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Business & Economics categories.


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



Explorations In Pragmatic Economics


Explorations In Pragmatic Economics
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Author : George A. Akerlof
language : en
Publisher: Oxford University Press
Release Date : 2005-03-17

Explorations In Pragmatic Economics written by George A. Akerlof and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-03-17 with Business & Economics categories.


For twenty years since the publication of his seminal paper 'The Market for "Lemons"', George A. Akerlof's work has changed the way we see economics, and the economics of information in particular. In abandoning the perfect-competition benchmarks of classical economics, the pragmatic modern economics championed by Akerlof has provided deep insights into markets, identity, discrimination, motivation, and work, and into behavioural economics in general. This collection of Akerlof's most important papers provide both an introduction to Akerlof's work and a grounding in modern economics. Divided into two broad areas, micro- and macroeconomics, they cover the economics of information; the theory of unemployment; macroeconomic equilibria; the demand for money; psychology and economics; and the nature of discrimination and other social issues. The collection closes with Akerlof's 2001 Nobel Lecture, in which he argues that it is imperative that macroeconomics be considered inherently behavioural. Akerlof's substantial introduction to this volume tells the story of these papers, connecting them and showing how his later work has built upon his early contributions, in many cases improving their arguments, their subtlety, and their usefulness today.



Advances In The Theory And Measurement Of Unemployment


Advances In The Theory And Measurement Of Unemployment
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Author : Yoram Weiss
language : en
Publisher: Springer
Release Date : 1989-06-18

Advances In The Theory And Measurement Of Unemployment written by Yoram Weiss and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989-06-18 with Social Science categories.


A collection of papers which analyzes and measures unemployment as a search activity, discusses efficiency wage models and which considers the impact of government and unions on employment and unemployment.



Capitalists Against Markets


Capitalists Against Markets
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Author : Peter Swenson
language : en
Publisher: Oxford University Press
Release Date : 2002

Capitalists Against Markets written by Peter Swenson and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Political Science categories.


Peter Swenson's study implies that contrary to popular wisdom the welfare state builders in the USA and Sweden during the 1930s were motivated by a pragmatism founded in capitalist interests and preferences.



Economic Analysis Of Markets And Games


Economic Analysis Of Markets And Games
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Author : Partha Dasgupta
language : en
Publisher: MIT Press
Release Date : 1992

Economic Analysis Of Markets And Games written by Partha Dasgupta and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Business & Economics categories.


These original essays focus on a wide range of topics related to Frank Hahn'sdistinguished work in economics. Ranging from market analysis and game theory to the microeconomicfoundations of macroeconomics and from equilibrium and optimality with missing markets to economicsand society, they reflect the diversity of modem research in economic theory. What distinguishesHahn's work and many of the essays in this book is that the motivation often comes from practicalconcerns about unemployment, savings and investment, poverty, or the stability of markets.The essaysin Part I deal with the microeconomic foundations of macroeconomics - a field in which Hahn has madeimportant contributions, most notably in the theory of monetary economics. Topics include anevaluation of Hahn's contribution to the theory of distribution and such macroeconomic themes ascoordination failure, multiple equilibria, and strategic issues.Part II contains recentcontributions to game theory reflecting Hahn's interest in the question of what is rationalbehavior. The essays in Part III concentrate on general-equilibrium theory with missing markets, afield in which Hahn has made major advances. Although the essays address a different set of issues,they share with Hahn's works such themes as market failure, indeterminacy of equilibrium, and therole of money.Partha Dasgupta is Professor of Economics at Cambridge University. Douglas Gale isProfessor of Economics at Boston University. Oliver Hart is Professor of Economics at theMassachusetts Institute of Technology. Eric Maskin is Professor of Economics at HarvardUniversity.



Handbook Of Game Theory With Economic Applications


Handbook Of Game Theory With Economic Applications
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Author : R.J. Aumann
language : en
Publisher: Elsevier
Release Date : 1992

Handbook Of Game Theory With Economic Applications written by R.J. Aumann and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Business & Economics categories.


This is the second of three volumes surveying the state of the art in Game Theory and its applications to many and varied fields, in particular to economics. The chapters in the present volume are contributed by outstanding authorities, and provide comprehensive coverage and precise statements of the main results in each area. The applications include empirical evidence. The following topics are covered: communication and correlated equilibria, coalitional games and coalition structures, utility and subjective probability, common knowledge, bargaining, zero-sum games, differential games, and applications of game theory to signalling, moral hazard, search, evolutionary biology, international relations, voting procedures, social choice, public economics, politics, and cost allocation. This handbook will be of interest to scholars in economics, political science, psychology, mathematics and biology. For more information on the Handbooks in Economics series, please see our home page on http://www.elsevier.nl/locate/hes



Keynes And The Economic Policies Of The 1980 S


Keynes And The Economic Policies Of The 1980 S
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Author : Mario Baldassarri
language : en
Publisher: Springer
Release Date : 1992-06-18

Keynes And The Economic Policies Of The 1980 S written by Mario Baldassarri and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992-06-18 with Business & Economics categories.


Contributes to the debate between monetarist, Keynesian and supply-side views of economic theory, and analyzes and compares the empirical experiences of the economic policies of the six major industrialized countries of the 1980s.