Essays In Macroeconomics Of An Open Economy
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Essays In Macroeconomics Of An Open Economy
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Author : Franz Gehrels
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Essays In Macroeconomics Of An Open Economy written by Franz Gehrels 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 large aggregates in the economy - consumption, investment, production of the domestic and the international sectors, international capital flows, financial accumulation and indebtedness - are analysed in this book as problems in time-optimisation for enterprises and households. The effects of fiscal and monetary policies along with exchange-rate variation are examined, and their simultaneous use for stabilizing demand are found to be necessary. All household decisions on consumptions, savings, and financial disposition are conditioned by uncertainty, and similarly for firms, who make more complex simultaneous decisions on production, real investment, financing, and market strategy. The marginal efficiency-of-investment function derived from these decisions is fundamentally different from the marginal productivity of capital in the neoclassical sense. An economy which grows through the accumulation of capital, increase in labor supply, and technological progress is the framework in which all of these variables move. This codetermines the allocation of factors between domestic and international production, and the development of foreign trade. The growth both of the public debt and of international investment are treated in depth.
Money Macroeconomics And Economic Policy
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Author : William C. Brainard
language : en
Publisher: MIT Press
Release Date : 1991
Money Macroeconomics And Economic Policy written by William C. Brainard 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 original contributions celebrate and extend Tobin's contributions to macroeconomics, international economics, finance, and economic policy.
Trade Stability And Macroeconomics
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Author : George Horwich
language : en
Publisher: Academic Press
Release Date : 2014-05-10
Trade Stability And Macroeconomics written by George Horwich and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05-10 with Political Science categories.
Trade, Stability, and Macroeconomics: Essays in Honor of Lloyd A. Metzler provides information pertinent to the fundamental aspects of trade, stability, and macroeconomics. This book covers a variety of topics, including nontraded and intermediate commodities, prices, production, exchange rates, and wages. Organized into five parts encompassing 22 chapters, this book begins with an overview of the theory of international trade and the effect of a tariff or export tax on domestic prices. This text then defines the supply of the international commodities as a function of their prices and of the output of the domestic commodity. Other chapters consider the Stolper–Samuelson analysis of the effects of protection of the distribution of income. This book discusses as well the theory of external–internal balance or the assignment problem as related to macroeconomic policy in an open economy. The final chapter deals with the dynamic allocation of scarce resources. This book is a valuable resource for economists.
Macroeconomics Undergraduate Essays And Revision Notes
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Author : Bahrum Lamehdasht
language : en
Publisher: Lulu.com
Release Date : 2013-03-06
Macroeconomics Undergraduate Essays And Revision Notes written by Bahrum Lamehdasht and has been published by Lulu.com this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-06 with Business & Economics categories.
This book contains essays and revision notes for Macroeconomics at the undergraduate level. This book includes the following topics: - Keynes vs. the Classics; - Keynes vs. Say's Law; - Keynes and the Neoclassical Synthesis; - IS-LM; - Keynes and Disequilibrium Economics; - Monetarism; - New Classical Economics; - Real Business Cycle Theory; - Kalecki's Trade Cycle; - Minsky's Financial Instability Hypothesis; - Harrod-Domar vs. Solow; - The Solow Model; - Endogenous Growth Theory; - Cambridge Capital Controversy; - The Mundell-Fleming Model; - Dornbusch's Overshooting Exchange Rate Model
Macroeconomic Dimensions Of Public Finance
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Author : Mario Blejer
language : en
Publisher: Routledge
Release Date : 2002-09-11
Macroeconomic Dimensions Of Public Finance written by Mario Blejer and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-09-11 with Business & Economics categories.
There is no magic formula for balancing fiscal policy and economic performance. As a scholar and policy advisor, Vito Tanzi has made a major contribution to identifying links between public finance and macro and microeconomic consequences. His findings bear relevance in both developing and industrialized economies. The essays in this volume and its companion, Fiscal Policy and Economic Reform, highlight many of these interconnected issues, for instance: * the interaction between budgetary policy and economic aggregates, such as employment, inflation and growth * the implication of economic linkages for designing fiscal policies * expenditure policies and alternative deficit financing strategies * the trade-offs between macro- and microeconomic objectives The list of contributors includes Max Corden, John Makin, Ronald McKinnon and Richard Musgrave.
Money Capital Mobility And Trade
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Author : Guillermo A. Calvo
language : en
Publisher: MIT Press
Release Date : 2004
Money Capital Mobility And Trade written by Guillermo A. Calvo and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Business & Economics categories.
Essays by leading economists and scholars reflecting on Mundell's broad influence on modern open-economy macroeconomics.
Macroeconomic Foundations Of Macroeconomics
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Author : Alvaro Cencini
language : en
Publisher: Routledge
Release Date : 2012-10-12
Macroeconomic Foundations Of Macroeconomics written by Alvaro Cencini and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-10-12 with Business & Economics categories.
Contrary to common belief, macroeconomics is not merely a theory of aggregates, and cannot be constructed from individual behaviour. Both nationally and internationally, there are economic laws that are logically independent of economic agents’ behaviour. These are the macroeconomic foundations of macroeconomics. Presenting cutting-edge material, Alvaro Cencini explores these foundations, and shows that the introduction of money entails economics being interpreted conceptually not mathematically. His innovative book provides the elements for a new approach by applying the most recent results of monetary analysis to the study of national and international economics. It covers recent progress in monetary theory, provides the reader with a greater understanding of the subject, and will be essential reading for economic students as well as a valuable resource for economists.
Macroeconomics And The History Of Economic Thought
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Author : H.M. Krämer
language : en
Publisher: Routledge
Release Date : 2012-03-29
Macroeconomics And The History Of Economic Thought written by H.M. Krämer and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-03-29 with Business & Economics categories.
The essays in this Festschrift have been chosen to honour Harald Hagemann and his scientific work. They reflect his main contributions to economic research and his major fields of interest. The essays in the first part deal with various aspects within the history of economic thought. The second part is about the current state of macroeconomics. The essays in the third part of the book cover topics on economic growth and structural dynamics.
Essays In The Fundamental Theory Of Monetary Economics And Macroeconomics
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Author : John Smithin
language : en
Publisher: World Scientific Publishing Company
Release Date : 2013-06-27
Essays In The Fundamental Theory Of Monetary Economics And Macroeconomics written by John Smithin and has been published by World Scientific Publishing Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-06-27 with Business & Economics categories.
This book provides a comprehensive overview, in the form of eight long essays, of the evolution of monetary theory over the three-quarters of century, from the time of Keynes to the present day. The essays are originally based on lecture notes from a graduate course on Advanced Monetary Economics offered at York University, Toronto, written in the style of academic papers. The essays are mathematical in method — but also take a historical perspective, tracing the evolution of monetary thought through the Keynesian model, the monetarist model, new classical model, etc, up to and including the neo-Wickesellian models of the early 21st century. The book will be an essential resource for both graduate and advanced undergraduate students in economics, as well as for individual researchers seeking basic information on the theoretical background of contemporary debates.
Principles Of Macroeconomics
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Author : Soumen Sikdar
language : en
Publisher: Oxford University Press
Release Date : 2020-06-12
Principles Of Macroeconomics written by Soumen Sikdar 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 2020-06-12 with Business & Economics categories.
Principles of Macroeconomics is a lucid and concise introduction to the theoretical and practical aspects of macroeconomics. This revised and updated third edition covers key macroeconomic issues such as national income, investment, inflation, balance of payments, monetary and fiscal policies, economic growth and banking system. This book also explains the role of the government in guiding the economy along the path of stable prices, low unemployment, sustainable growth, and planned development through many India-centric examples. Special attention has been given to macroeconomic management in a country linked to the global economy. This reader-friendly book presents a wide coverage of relevant themes, updated statistics, chapter-end exercises, and summary points modelled on the Indian context. It will serve as an indispensable introductory resource for students and teachers of macroeconomics.