Lectures In Macroeconomics

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Lectures On Macroeconomics

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Author : Olivier Blanchard
language : en
Publisher: MIT Press
Release Date : 1989-03-21

Lectures On Macroeconomics written by Olivier Blanchard and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989-03-21 with Business & Economics categories.

The main purpose of Lectures on Macroeconomics is to characterize and explain fluctuations in output, unemployment and movement in prices. Lectures on Macroeconomics provides the first comprehensive description and evaluation of macroeconomic theory in many years. While the authors' perspective is broad, they clearly state their assessment of what is important and what is not as they present the essence of macroeconomic theory today.The main purpose of Lectures on Macroeconomics is to characterize and explain fluctuations in output, unemployment and movement in prices. The most important fact of modern economic history is persistent long term growth, but as the book makes clear, this growth is far from steady. The authors analyze and explore these fluctuations. Topics include consumption and investment; the Overlapping Generations Model; money; multiple equilibria, bubbles, and stability; the role of nominal rigidities; competitive equilibrium business cycles, nominal rigidities and economic fluctuations, goods, labor and credit markets; and monetary and fiscal policy issues. Each of chapters 2 through 9 discusses models appropriate to the topic. Chapter 10 then draws on the previous chapters, asks which models are the workhorses of macroeconomics, and sets the models out in convenient form. A concluding chapter analyzes the goals of economic policy, monetary policy, fiscal policy, and dynamic inconsistency. Written as a text for graduate students with some background in macroeconomics, statistics, and econometrics, Lectures on Macroeconomics also presents topics in a self contained way that makes it a suitable reference for professional economists.

Lectures On Macroeconomics

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Author : Olivier J. Blanchard
language : en
Publisher:
Release Date : 1989

Lectures On Macroeconomics written by Olivier J. Blanchard and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with categories.

Lectures In Macroeconomics

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Author : Kazimierz Łaski
language : en
Publisher: Oxford University Press
Release Date : 2019-06-27

Lectures In Macroeconomics written by Kazimierz Łaski 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 2019-06-27 with Business & Economics categories.

Lectures in Macroeconomics: A Capitalist Economy Without Unemployment provides a systematic account of the principle of aggregate demand based on the work of Polish economist Michał Kalecki, best known as one of the originators of the Keynesian Revolution in macroeconomics.The lectures demonstrate the importance of aggregate demand in determining total output and employment in the capitalist economy. They show how the investment decisions of firms affect economic growth, arguing that due to the unstable nature of investment it is important that the government has a central role in stabilizing the economy. This English translation of Kazimierz Łaski's final work brings up to date fundamental concepts to give a picture of the twenty-first capitalist economy, and the obstacles that must be overcome in bringing it to full employment. It introduces the role of money and finance in the contemporary capitalist economy, as well as the central role of the labour market and wages. The analysis is illustrated with statistics and discussion around the evolution of capitalist economies and the rise of economic inequality since the Second World War, culminating in the 2008 crisis and the economic deflation affecting Europe since that crisis. Lectures in Macroeconomics remarks critically upon the neo-classical approach to economics that has brought about slow economic growth, unemployment, and inequality.

Lectures In Macroeconomics

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Author : Kazimierz Łaski
language : en
Publisher: Oxford University Press, USA
Release Date : 2019-06-27

Lectures In Macroeconomics written by Kazimierz Łaski and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-06-27 with Business & Economics categories.

Lectures in Macroeconomics: A Capitalist Economy Without Unemployment provides a systematic account of the principle of aggregate demand based on the work of Polish economist Michal Kalecki, best known as one of the originators of the Keynesian Revolution in macroeconomics.The lectures demonstrate the importance of aggregate demand in determining total output and employment in the capitalist economy. They show how the investment decisions of firms affect economic growth, arguing that due to the unstable nature of investment it is important that the government has a central role in stabilizing the economy. This English translation of Kazimierz Laski's final work brings up to date fundamental concepts to give a picture of the twenty-first capitalist economy, and the obstacles that must be overcome in bringing it to full employment. It introduces the role of money and finance in the contemporary capitalist economy, as well as the central role of the labour market and wages. The analysis is illustrated with statistics and discussion around the evolution of capitalist economies and the rise of economic inequality since the Second World War, culminating in the 2008 crisis and the economic deflation affecting Europe since that crisis. Lectures in Macroeconomics remarks critically upon the neo-classical approach to economics that has brought about slow economic growth, unemployment, and inequality.

Lectures On Macroeconomics

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Author : Blanchard Olivier Jean
language : en
Publisher:
Release Date : 1996

Lectures On Macroeconomics written by Blanchard Olivier Jean and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with categories.

Lectures In Macroeconomics

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Author : Blanchard-Fisher
language : en
Publisher:
Release Date : 1989

Lectures In Macroeconomics written by Blanchard-Fisher and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with categories.

Lectures On Macroeconomics

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Author : Oliver Jean Blanchard
language : fr
Publisher:
Release Date : 1989

Lectures On Macroeconomics written by Oliver Jean Blanchard and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Macroeconomics categories.

Lectures On Monetary Economics

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Author : Pierpaolo Benigno
language : it
Publisher:
Release Date : 2020-08-23

Lectures On Monetary Economics written by Pierpaolo Benigno and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-08-23 with categories.

The recent two decades have witnessed unprecedented central bank interventions around the world to avert the adverse consequences of the 2007-2008 Great Financial crisis and of the Covid-19 Global Lockdown shock. These crises are "testaments" to the effectiveness of monetary policy. Lectures on Monetary Economics provides the reader with an understanding of how monetary policy works in a fiat currency system, starting from the control of the value of money to the stabilization of shocks and ending with the mitigation of depression-prone events. Part I presents a simple monetary model illustrating the three properties of money (unit of account, store of value and medium of exchange) and how central banks can control the value of money. Part II presents the New-Keynesian monetary model, mainly through a simple graphical representation, to study the stabilizing role that monetary policy plays when the economy is hit by standard shocks. Part III analyzes liquidity traps and discusses the ways that monetary policy can reflate the economy using forward guidance, unconventional asset purchases and helicopter money. It also studies the macroeconomic implications of sudden stops, debt deleveraging and shortages of safe assets.

Advanced Lectures In Quantitative Economics

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Author : Frederick van Der Ploeg
language : en
Publisher: Academic Press
Release Date : 2014-05-01

Advanced Lectures In Quantitative Economics written by Frederick van Der Ploeg and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05-01 with Business & Economics categories.

Advanced Lectures in Quantitative Economics summarizes some of the efforts of a second-phase program for first-rate candidates with a Master's degree in economics who wish to continue with a doctoral degree in quantitative economics. This book is organized into three main topics—macroeconomics, microeconomics, and econometrics. This text specifically discusses the Neo-Keynesian macroeconomics in an open economy, international coordination of monetary policies under alternative exchange-rate regimes, and prospects for global trade imbalances. The post-war developments in labor economics, introduction to overlapping generation models, and measurement of expectations and direct tests of the REH are also elaborated. This monograph likewise covers the dynamic econometric modeling of decisions under uncertainty and fundamental bordered matrix of linear estimation. This publication is a good reference for students and specialists interested in quantitative economics.

Lectures On Behavioral Macroeconomics

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Author : Paul De Grauwe
language : en
Publisher: Princeton University Press
Release Date : 2012-10-14

Lectures On Behavioral Macroeconomics written by Paul De Grauwe and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-10-14 with Business & Economics categories.

6.2 Introducing Asset Prices in the Behavioral Model -- 6.3 Simulating the Model -- 6.4 Should the Central Bank Care about Stock Prices? -- 6.5 Inflation Targeting and Macroeconomic Stability -- 6.6 The Trade-off between Output and Inflation Variability -- 6.7 Conclusion -- 7 Extensions of the Basic Model -- 7.1 Fundamentalists Are Biased -- 7.2 Shocks and Trade-offs -- 7.3 Further Extensions of the Basic Model -- 7.4 Conclusion -- 8 Empirical Issues -- 8.1 Introduction -- 8.2 The Correlation of Output Movements and Animal Spirits -- 8.3 Model Predictions: Higher Moments -- 8.4 Transmission of Monetary Policy Shocks -- 8.5 Conclusion -- References -- Index