Macrodynamics
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The Macrodynamics Of Capitalism
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Author : Peter Flaschel
language : en
Publisher: Springer Science & Business Media
Release Date : 2008-12-11
The Macrodynamics Of Capitalism written by Peter Flaschel 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 2008-12-11 with Business & Economics categories.
This book provides an introduction to advanced macrodynamics, viewed as a di- quilibriumtheoryof?uctuatinggrowth. Itbuildsonanearlierattempttoreformulate 1 the foundations of macroeconomics from the perspective of real markets diseq- librium and the con?ict over income distribution between capital and labor. It does so, not because it wants to support the view that this class con?ict is inevitable, but with the perspective that an understanding of this con?ict may help to formulate socio-economic principles and policies that can help to overcome class con?ict at least in its cruder forms or that can even lead to rationally understandable proce- 2 dures and rules that turn this con?ict into a consensus-driven interaction between 3 capitalists or their representatives and the employable workforce. The book starts from established theories of temporary equilibrium positions, the forces of real growth, and the con?ict over income distribution, represented by basic modeling approaches, which it considers in detail in its Part I in order to prepare the ground for their integration in Part II of the book. In this way we inspect what types of models of disequilibrium, income distribution, and real growth we have at our disposal, as models that have proved to be of real interest and sound from a rigorous modeling perspective.
The Macrodynamics Of Advanced Market Economics
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Author : Alfred S. Eicher
language : en
Publisher: Routledge
Release Date : 2019-07-12
The Macrodynamics Of Advanced Market Economics written by Alfred S. Eicher and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-07-12 with Business & Economics categories.
This volume examines the macrodynamic behaviour of advanced economies with social institutions similar to those of the United States and other members of the Organization of Economic Cooperation and Development. It is a critique of, and provides alternative models to, conventional neoclassical theory. The principles developed are used to explain two major phenomena in economic life: the nation's secular growth rate and the cyclical deviations around that growth. These interdependent movements of trend and cycle constitute the economy's macrodynamic behaviour. Eichner uses a systems framework for integrating four distinct institutional dimensions in society - the normative, the political, the economic, and the anthropogenic. This book, by one of the leading proponents of Post-Keynesian economics, is the culmination of over 13 years of scholarly work. The author's untimely death in February 1988 prevented the final revisions of his manuscript. The book should prove an essential addition to the library of scholars and students of economics both within and outside the Post-Keynesian tradition.
Monetary Macrodynamics
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Author : Toichiro Asada
language : en
Publisher: Routledge
Release Date : 2012-11-12
Monetary Macrodynamics written by Toichiro Asada and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-11-12 with Business & Economics categories.
This book investigates the interaction of effective goods demand with the wage-price spiral, and the impact of monetary policy on financial and the real markets from a Keynesian perspective. Endogenous business fluctuations are studied in the context of long-run distributive cycles in an advanced, rigorously formulated and quantitative setup. The material is developed by way of self-contained chapters on three levels of generality, an advanced textbook level, a research-oriented applied level and on a third level that shows how the interaction of real with financial markets has to be modelled from a truly integrative Keynesian perspective. Monetary Macrodynamics shows that the balanced growth path of a capitalist economy is unlikely to be attracting and that the cumulative forces that surround it are controlled in the large by changes in the behavioural factors that drive the wage-price spiral and the financial markets. Such behavioural changes can in fact be observed in actual economies in the interaction of demand-driven business fluctuations with supply-driven wage and price dynamics as they originate from the conflict over income distribution between capital and labour. The book is a detailed critique of US mainstream macroeconomics and uses rigorous dynamic macro-models of a descriptive and applicable nature. It will be of particular relevance to postgraduate students and researchers interested in disequilibrium processes, real wage feedback channels, financial markets and portfolio choice, financial accelerator mechanisms and monetary policy.
Introduction To Social Macrodynamics Compact Macromodels Of The World System Growth
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Author : A. V. Korotaev
language : en
Publisher: Editorial URSS
Release Date : 2006
Introduction To Social Macrodynamics Compact Macromodels Of The World System Growth written by A. V. Korotaev and has been published by Editorial URSS this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Demographic transition categories.
Topics In Applied Macrodynamic Theory
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Author : Peter Flaschel
language : en
Publisher: Springer Science & Business Media
Release Date : 2008-07-03
Topics In Applied Macrodynamic Theory written by Peter Flaschel 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 2008-07-03 with Business & Economics categories.
This insightful book presents topics in applied dynamic macrotheory for closed and open economies. The authors give an advanced treatment of macroeconomic topics such as the Phillips curve, forward and backward looking behavior, open economy macrodynamics, structural macroeconometric model building as well as the empirics of Keynesian oriented macro models. The dynamics of open economies in the context of interacting two country models are treated as well.
Macrodynamics
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Author : Peter Flaschel
language : en
Publisher: Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
Release Date : 1993
Macrodynamics written by Peter Flaschel and has been published by Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Business & Economics categories.
This book on macrodynamic theories of growth, (in-)stability and cycles shows that the debate between Keynesians, Monetarists and New Classical economists can be reformulated from the perspective of a further and quite different approach to macroeconomic model building. Basis of this reformulation is the growth cycle model of Goodwin which is extended in various ways in the pursuit of this aim. Besides this central theme, the book also introduces into Keynesian, Marxian and Neoclassical models of short-, medium- and long-run macroeconomics in its part I, II. Models which synthesize these approaches and which thus provide a (deterministic) framework for the investigation of the adequateness of the various explanations of cyclical growth and inflation are considered in part III.
Variation Principle In Informational Macrodynamics
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Author : Vladimir S. Lerner
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Variation Principle In Informational Macrodynamics written by Vladimir S. Lerner 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 Computers categories.
Information Macrodynamics (IMD) belong to an interdisciplinary science that represents a new theoretical and computer-based methodology for a system informational descriptionand improvement,including various activities in such areas as thinking, intelligent processes, communications, management, and other nonphysical subjects with their mutual interactions, informational superimposition, and theinformation transferredbetweeninteractions. The IMD is based on the implementation of a single concept by a unique mathematical principle and formalism, rather than on an artificial combination of many arbitrary, auxiliary concepts and/or postulates and different mathematical subjects, such as the game, automata, catastrophe, logical operations theories, etc. This concept is explored mathematically using classical mathematics as calculus of variation and the probability theory, which are potent enough, without needing to developnew,specifiedmathematical systemicmethods. The formal IMD model automatically includes the related results from other fields, such as linear, nonlinear, collective and chaotic dynamics, stability theory, theory of information, physical analogies of classical and quantum mechanics, irreversible thermodynamics, andkinetics. The main IMD goal is to reveal the information regularities, mathematically expressed by the considered variation principle (VP), as a mathematical tool to extractthe regularities and define the model, whichdescribes theregularities. The IMD regularities and mechanisms are the results of the analytical solutions and are not retained by logical argumentation, rational introduction, and a reasonable discussion. The IMD's information computer modeling formalism includes a human being (as an observer, carrier and producer ofinformation), with a restoration of the model during the objectobservations.
Nonlinearities Disequilibria And Simulation
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Author : Kumaraswamy Velupillai
language : en
Publisher: Springer
Release Date : 1992-06-18
Nonlinearities Disequilibria And Simulation written by Kumaraswamy Velupillai 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.
Our analytical heritage in macrodynamics owes a great deal to Ragnar Frisch. The tradition of quantitative methods in economic analysis owes not a little to Frisch, Trygve, Haavelmo and Leif Johansen. These essays pay homage to Thalberg - student, friend, colleague and collaborator of that trio.
Inequality And Finance In Macrodynamics
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Author : Bettina Bökemeier
language : en
Publisher: Springer
Release Date : 2017-04-26
Inequality And Finance In Macrodynamics written by Bettina Bökemeier and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-04-26 with Business & Economics categories.
This contributed volume combines approaches of the current inequality debate with aspects of finance based on profound macroeconomic model analyses. Research on inequality has had a long tradition in economics. With the financial crisis from 2007, not only output decreased tremendously, but also inequality has risen since then. The book presents selected contributions of a workshop held at Bielefeld University in 2016 and features additional papers written by experts in the field. A mixture of established researchers and young scholars presents both theoretical and empirical frameworks to analyze the subject.
The Megacorp And Macrodynamics
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Author : William Milberg
language : en
Publisher: Routledge
Release Date : 2016-09-16
The Megacorp And Macrodynamics written by William Milberg and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-09-16 with Business & Economics categories.
These essays on Post-Keynesian economics were written expressly for a volume to honour the life and work of Alfred Eichner. The original countributions - that critically examine and extend ideas in Eichner's "The Macrodynamics of Advanced Market Economies" are organized in seven sections that correspond to areas of economics in which Eichner made a significant contribution. Part 1 deals with the megacorp, a theory of firm pricing and investment that was one of Eichner's most important contributions. Issues of productivity and technical change, that lie at the center of Eichner's macrodynamic model, are the focus of part 1 and parts 3 and 4 elaborate on Eichner's work on growth and money and yield insights into the theoretical disagreements among the Post-Keynesians themselves. Part 5 presents a number of examples of non-neo-classical model building. Part 6 opens with a critique of the "new economic history" that leads to other essays on thorny methodological issues confronting Post-Keynesians. Part 7 gives a European perspective on North American Post-Keynesian economics. The essays reveal the relationships between Eichner's work and Institutionalist and Marxian economics. At the same time, the book raises current theoretical conflicts among these groups as well as among Post-Keynesians themselves. This book compliments Alfred S.Eichner's "The Macrodynamics of Advanced Market Economies", also published in 1991, and is appropriate for scholars and upper-level undergraduates and graduate students.