In Search Of The Veil Of Money And The Neutralitiy Of Money
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In Search Of The Veil Of Money And The Neutrality Of Money
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Author : Don Patinkin
language : en
Publisher:
Release Date : 1988
In Search Of The Veil Of Money And The Neutrality Of Money written by Don Patinkin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with categories.
Friedrich A Hayek
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Author : John Cunningham Wood
language : en
Publisher: Taylor & Francis
Release Date : 2004
Friedrich A Hayek written by John Cunningham Wood and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Economics categories.
Money
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Author : John Eatwell
language : en
Publisher: Springer
Release Date : 1989-03-01
Money written by John Eatwell and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989-03-01 with Business & Economics categories.
This is an excerpt from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the complete work cover the broad themes of economic theory. This extract concentrates on money.
Money Illusion And Strategic Complementarity As Causes Of Monetary Non Neutrality
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Author : Jean-Robert Tyran
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Money Illusion And Strategic Complementarity As Causes Of Monetary Non Neutrality written by Jean-Robert Tyran 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.
In principle, money illusion could explain the inertial adjustment of prices after changes of monetary policy. Hence, money illusion could provide an explanation of monetary non-neutrality. However, this explanation has been thoroughly discredited in modern economics. As a consequence, economists have ever since the 1970s searched for alternative explanations for nominal rigidity. These explanations are all based on the assumption of fully rational economic agents, holding rational expectations. This book argues that money illusion has been prematurely dismissed as an explanation of monetary non-neutrality. Methods of experimental economics are used to investigate the real aggregate effects of money illusion. It is shown that money illusion in fact causes (short-run) real income effects if strategic complementarity prevails. Strategic complementarity is an important characteristic of naturally occurring macroeconomies and is a recurrent theme in most models explaining nominal rigidity.
Money And Calculation
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Author : M. Amato
language : en
Publisher: Springer
Release Date : 2010-09-17
Money And Calculation written by M. Amato and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-09-17 with Business & Economics categories.
Money is an important instrument of calculation: as a unit of account and means of payment, it serves the purpose of exchange. Yet, it is increasingly becoming itself an object of exchange and calculation on financial markets, which tend less to the production and exchange of real goods. The question therefore is: has the economy lost its measure?
Marx Matters
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Author :
language : en
Publisher: BRILL
Release Date : 2022-01-17
Marx Matters written by and has been published by BRILL this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-01-17 with Social Science categories.
In Marx Matters noted scholars explore the way a Marxian political economy addresses contemporary social problems, demonstrating the relevance of Marx today and outlining how his work can frame progressive programs for social change.
Money In One Lesson
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Author : Gavin Jackson
language : en
Publisher: Pan Macmillan
Release Date : 2022-01-20
Money In One Lesson written by Gavin Jackson and has been published by Pan Macmillan this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-01-20 with Business & Economics categories.
'Superb' - Tim Harford, author of How to Make the World Add Up Money is essential to the economy and how we live our lives, yet is inherently worthless. We can use it to build a home or send us to space, and it can lead to the rise and fall of empires. Few innovations have had such a huge impact on the development of humanity, but money is a shared fiction; a story we believe in so long as others act as if it is true. Money is rarely out of the headlines – from the invention of cryptocurrencies to the problem of high inflation, extraordinary interventions by central banks and the power the West has over the worldwide banking system. In Money in One Lesson, Gavin Jackson answers the most important questions on what money is and how it shapes our world, drawing on vivid examples from throughout history to demystify and show how societies and its citizens, both past and present, are always entwined with matters of money. ‘A highly illuminating, well-researched and beautifully written book on one of humanity’s most important innovations’ – Martin Wolf, chief economics commentator, Financial Times
Monetary Economics
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Author : Steven Durlauf
language : en
Publisher: Springer
Release Date : 2016-04-30
Monetary Economics written by Steven Durlauf and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-30 with Performing Arts categories.
Specially selected from The New Palgrave Dictionary of Economics 2nd edition, each article within this compendium covers the fundamental themes within the discipline and is written by a leading practitioner in the field. A handy reference tool.
The New Palgrave Dictionary Of Money And Finance
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Author : John Eatwell
language : en
Publisher: Springer
Release Date : 1992-10-14
The New Palgrave Dictionary Of Money And Finance written by John Eatwell and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992-10-14 with Business & Economics categories.
The first reference work ever to be awarded the Eccles Prize for Excellence in Economic Writing from Columbia Business School. Continuing in the tradition of The New Palgrave , this 3-volume set provides an unparalleled guide to modern money, banking and finance. In over 1,000 substantial essays by leading academic and professional authorities, it provides the most comprehensive analysis available of contemporary theory and the fast-evolving global monetary and financial framework. In its scope and depth of coverage, it is indispensable for the academic and practitioner alike.
The Theory Of New Classical Macroeconomics
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Author : Peter Galbács
language : en
Publisher: Springer
Release Date : 2015-04-23
The Theory Of New Classical Macroeconomics written by Peter Galbács and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-04-23 with Business & Economics categories.
This book examines new classical macroeconomics from a comparative and critical point of view that confronts the original texts and later comments as a first dimension of comparison. The second dimension appears in a historical context, since none of the new classical doctrines can be analyzed ignoring the parallelism and discrepancies with the theory of Keynes, Friedman or Phelps. Radicalism of new classical macroeconomics has brought fundamental changes in economic thought, but the doctrines got vulgarized and distorted thanks to the mass of followers. Nowadays, economic theory and policy, trying to find their ways, have a less clear relationship than ever. Therefore, this volume is aimed at mapping and reconsidering the policy instruments and transmission mechanisms offered by the new classicals. Its central question points to the real nature of new classical macroeconomics: what consequences are grounded by the assumptions new classicals used. Moreover, issues raised by automatic fiscal stabilizers and fiscal reforms are analyzed as well, even if they were out of the range of classical texts. The book draws a picture of new classical macroeconomics stressing the analogies with Keynesian countercyclical policies, instead of the discrepancies commonly held.