Endowment Changes In Economic Equilibrium
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Endowment Changes In Economic Equilibrium
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Author : Andreas Pfingsten
language : en
Publisher:
Release Date : 1992
Endowment Changes In Economic Equilibrium written by Andreas Pfingsten and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with categories.
Endowment Structures Industrial Dynamics And Economic Growth
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Author : Jiandong Ju
language : en
Publisher:
Release Date : 2009
Endowment Structures Industrial Dynamics And Economic Growth written by Jiandong Ju and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.
General Equilibrium Capital And Macroeconomics
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Author : Fabio Petri
language : en
Publisher: Edward Elgar Publishing
Release Date : 2004-01-01
General Equilibrium Capital And Macroeconomics written by Fabio Petri and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-01-01 with Business & Economics categories.
'Fabio Petri has been a persistent critic of marginalist theories of value and distribution. In this provocative book, he presents an extensive scrutiny of the reasons why many economists are unsatisfied with the Neo-Walrasian approach to General Equilibrium theory and why some reject it altogether. General Equilibrium, Capital and Macroeconomics throws down a challenge to all economic theorists.' - Neri Salvadori, University of Pisa, Italy 'General Equilibrium, Capital and Macroeconomics is a thorough and deep book. It contains a remarkably clear and precise statement of the conceptual, methodological and analytical difficulties besetting the demand and supply approach to economics as it is advocated in partial and general equilibrium models, old and new, micro and macro. This work covers essential parts of modern economics, it is well written and the subject matter is carefully arranged. The book will be of interest to a wide range of economists.' - Heinz D. Kurz, University of Graz, Austria This book argues that the shift in general equilibrium theory, from its early long-period to the modern very-short-period versions, has had very important consequences which are insufficiently appreciated by large parts of the economics profession. This shift has produced new difficulties, and has undermined central tenets of neoclassical macroeconomic theory (such as the negative dependence of aggregate investment on the interest rate, or the existence of a downward-sloping demand curve for labour) which had their basis in the long-period versions where capital was treated as a single factor.
General Equilibrium Analysis
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Author : Harry G. Johnson
language : en
Publisher: Routledge
Release Date : 2017-07-12
General Equilibrium Analysis written by Harry G. Johnson and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-12 with Business & Economics categories.
This is a new kind of textbook in microeconomic theory. In place of the usual concentration on partial equilibrium analysis and discussion of a standard series of topics, the authors seek to introduce the student from the start to the general equilibrium approach to microeconomics, in the form of the two-sector model. This model is then applied to a variety of subjects in different special fields of economic analysis: welfare economics, international trade, public finance and income distribution. This book represents a very different approach to the teaching of micro-economic theory than normally followed, and one that will be of greater long-run value to the serious student of economics. In place of the usual textbook development of the subject as traditionally conceived through topics of increasing complexity and analytical difficulty, using partial equilibrium techniques of analysis, the book concentrates on the exposition and application of a more logically integrated set of tools that have been found of greater use in the analysis of problems arising not only in traditional micro-economics but also in a number of fields of economics that have customarily been hived off into separate specialized advanced courses. General Equilibrium Analysis starts with the description of the two-sector model and how these two sectors are built based on the individual micro-units in which they made up of and how they fit into the concept of the circular flow of income. Subsequent chapters deal with the evaluation of changes in factor endowment, demand preferences and technical progress by means of the model; and the theory of government, which includes both the theory of government expenditure, or public goods, and the theory of government tax and/or subsidy programmes-changes in budgetary scale, tax substitution and expenditure substitution. The model is then extended to an open economy-the so-called "two by two by two"--to consider both the normative effect of inte
The Impact Of Monetary Policy On Economic Inequality
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Author : Patricia Dörr
language : en
Publisher: Springer
Release Date : 2018-12-28
The Impact Of Monetary Policy On Economic Inequality written by Patricia Dörr and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-28 with Business & Economics categories.
The extensive monetary policy of central banks during the Great Recession has re-newed the interest in the relation between (possibly) non-neutral money and wealth and income inequality. In this work, a dynamic general equilibrium model approach is used to study the effects of an inflation rate change on inequality. These effects are found to be temporary and to work through two channels: First, at the consumer level, intertemporal substitution effects differ even under an identical policy rule of all agents due to individual skill and capital endowments. This implies a transitory effect of inflation rate changes on inequality. Second, an indirect effect results from different capital intensities in industrial branches and capital-labour substitution effects. This may be endorsed by varying individual skill levels. The theoretical model‘s implications are tested empirically in a time series analysis on US data.
Factor Endowment Structural Coherence And Economic Growth
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Author : Ms.Natasha Xingyuan Che
language : en
Publisher: International Monetary Fund
Release Date : 2012-06-01
Factor Endowment Structural Coherence And Economic Growth written by Ms.Natasha Xingyuan Che and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-06-01 with Business & Economics categories.
This paper studies the linkage between structural coherence and economic growth. Structural coherence is defined as the degree that a country's industrial structure optimally reflects its factor endowment fundamentals. The paper found that at least for the overall capital, the shares of capital intensive industries were significantly bigger with higher initial capital endowment and faster capital accumulation. Moreover, there is a positive relationship between a country's aggregate output growth and the degree of structural coherence. Quantitatively, the structural coherence with respect to the overall capital explains about 30% of the growth differential among sample countries.
Asymmetric Effects Of Endowment Changes On Foreign Investment Source And Host Countries
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Author : James D. (James Donald) Gaisford
language : en
Publisher: Calgary : Department of Economics, University of Calgary
Release Date : 1991
Asymmetric Effects Of Endowment Changes On Foreign Investment Source And Host Countries written by James D. (James Donald) Gaisford and has been published by Calgary : Department of Economics, University of Calgary this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with categories.
Endowment Effects In Competitive General Equilibrium
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Author : Martin O'Connor
language : en
Publisher:
Release Date : 1994
Endowment Effects In Competitive General Equilibrium written by Martin O'Connor and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Equilibrium (Economics) categories.
Theory Of General Economic Equilibrium
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Author : Hans Keiding
language : en
Publisher: World Scientific
Release Date : 2020-05-26
Theory Of General Economic Equilibrium written by Hans Keiding and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-05-26 with Business & Economics categories.
This book provides a comprehensive introduction to general equilibrium theory, covering the standard topics as well as the developments of the theory over the past fifty years. This ensures that the reader gains a thorough account of what has been established both in pure theory and in applications.In addition to the basic topics, this book elaborates on fields which are relevant but not mentioned frequently in this context. The material covered includes international trade, growth, finance and implementation, and it offers a broader view than what is usual in texts on general equilibrium theory. This book would make for suitable reading for undergraduate and graduate courses in macroeconomics.
Overlapping Structures As A Model Of Money
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Author : Bruno Schönfelder
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Overlapping Structures As A Model Of Money written by Bruno Schönfelder and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
The list of those to whom I am indebted is a long one. Prof. Neil Wallace (University of Minnesota) stimulated my interest in the kind of models with which the book deals. I am grateful for a large number of conversations with him. I learned a lot from him and will always be proud that I have been one of his student. I hope that he is not dissappointed with the outcome. I am deeply indebted to Prof. Dr. Hans-Werner Sinn (University of Munich). His observations and critical remarks were instrumental for a great number of changes and improvements which I was able to introduce while revising the manuscript again and again, and rethinking the basic arguments. I also want to thank Prof. Dr. Utta Gruber (University of Munich) for her helpful comments and for her support. I am very much obliged to Prof. Dr. Dr. h. c. Hans Moller (University of Munich). For many years I have had the honour of a nearly continuous dialogue with him. I am also grateful to Prof. Dr. Werner Gumpel (University). The stimulating atmosphere and the research opportunities which were provided by his seminar contributed a lot to my work. Finally I want to thank my wife Sigrid for looking through the English draft of this book and correcting numerous linguistic flaws. The remaining errors are of course mine. CONTENTS Page v Preface 1. INTRODUCTION 1. 1.