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Macroeconomics An Introduction To The Non Walrasian Approach


Macroeconomics An Introduction To The Non Walrasian Approach
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Macroeconomics


Macroeconomics
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Author : Jean-Pascal Bénassy
language : en
Publisher:
Release Date : 1986

Macroeconomics written by Jean-Pascal Bénassy and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with Business & Economics categories.


The basic concepts; Non-Walrasian equilibria; Theories of unemployment; Asymmetric price flexibility and the effectiveness of employment policies; Indexation and employment policies; The three regimes of the IS-LM model; Economic policies in an open economy; The balance of payments; Theories of inflation; Phillips curves, conflicts, and expectations; A model of the business cycle; The role of expectations; Non-Walrasian prices and perfect foresight; Expectations, information, and dynamics.



Macroeconomics


Macroeconomics
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Author : Jean-Pascal Benassy
language : en
Publisher: Academic Press
Release Date : 2014-05-10

Macroeconomics written by Jean-Pascal Benassy 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.


"Macroeconomics" builds a number of macroeconomic models applying the non-Walrasian methodology. The literature on the subject has grown so rapidly in recent years that it would be unreasonable to try to give an exhaustive account of all existing models in the field. We have thus chosen to present here some models that cover as large a number of questions as possible within a simple and unified framework. We also want to bridge the gap with traditional macroeconomics while extending the analysis on various points, which be investigated by purposely making each time the simplest possible assumptions about the formation of the various prices (or, when needed, expectations) involved. This will allow us to demonstrate in a straightforward manner the synthetic qualities of the theory, both by making a natural synthesis with traditional macroeconomics, where similar simple assumptions are made, and by treating a large number of topics while using throughout a very unified macroframework.



Macroeconomics An Introduction To The Non Walrasian Approach


Macroeconomics An Introduction To The Non Walrasian Approach
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Author : Jean-Pascal Benassy
language : en
Publisher: Academic Press
Release Date : 2014-05-10

Macroeconomics An Introduction To The Non Walrasian Approach written by Jean-Pascal Benassy 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 Business & Economics categories.


Macroeconomics: An Introduction to the Non-Walrasian Approach provides the approach to macroeconomic theory based on the non-Walrasian method. This book presents the microeconomic concepts that can be applied in a simple and relevant manner to the fundamental topics of macroeconomic theory. Organized into five parts encompassing 14 chapters, this book begins with an overview of the fundamental concepts, describing the functioning of nonclearing markets, the role of expectations, the setting of prices by decentralized agents, and the derivation of optimal demand and supplies. This text then studies various non-Walrasian equilibrium concepts. Other chapters compare the classical and Keynesian theories of unemployment in the framework of a model. This book discusses as well the asymmetric price flexibility into the basic model. The final chapter deals with a dynamic model with explicit expectations, which allows a comparison of the employment effects of various expectations schemes and their realism. This book is a valuable resource for economists.



A Second Edition Of The General Theory


A Second Edition Of The General Theory
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Author : Geoffrey Colin Harcourt
language : en
Publisher: Psychology Press
Release Date : 1997

A Second Edition Of The General Theory written by Geoffrey Colin Harcourt and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Keynesian economics categories.




Walrasian And Non Walrasian Equilibria


Walrasian And Non Walrasian Equilibria
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Author : Anjan Mukherji
language : en
Publisher: Oxford University Press, USA
Release Date : 1990

Walrasian And Non Walrasian Equilibria written by Anjan Mukherji 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 1990 with Business & Economics categories.




The General Theory


The General Theory
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Author : G. C. Harcourt
language : en
Publisher: Routledge
Release Date : 2005-06-27

The General Theory written by G. C. Harcourt and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-06-27 with Business & Economics categories.


This second volume contains essays which relate to developments in Keynes' scholarship and theorizing in the years since his death and demonstrates the ongoing validity of the Keynesian tradition.



Macroeconomic Theory


Macroeconomic Theory
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Author : Volker Böhm
language : en
Publisher: Springer
Release Date : 2017-10-30

Macroeconomic Theory written by Volker Böhm and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-10-30 with Business & Economics categories.


This textbook offers a unique approach to macroeconomic theory built on microeconomic foundations of monetary macroeconomics within a unified framework of an intertemporal general equilibrium model extended to a sequential and dynamic analysis. It investigates the implications of expectations and of stationary fiscal policies on allocations, on the quantity of money, and on the dynamic evolution of the economy with and without noise. The text contrasts and compares the two main competing approaches in macroeconomics within the same intertemporal model of a closed monetary economy: the one postulating full price flexibility to guarantee equilibrium in all markets at all times under perfect foresight or rational expectations, versus the so called disequilibrium approach where trading occurs at non- market-clearing prices and wages when these adjust sluggishly from period to period in response to market disequilibrium signals.



Theories Of International Trade


Theories Of International Trade
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Author : Adam Klug
language : en
Publisher: Routledge
Release Date : 2006-09-27

Theories Of International Trade written by Adam Klug and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-09-27 with Business & Economics categories.


Before his untimely death in 2000, the brilliant young Israeli economic historian Klug conducted a thorough survey into the different theories of international trade. The results of this are now available here for the first time with an introduction from Warren Young and Michael Bordo. Utilizing the inter-temporal open economy model as a case study, Theories of International Trade illuminates the phenomenon of recurrence and the problem of recurring doctrines in economic thought and analysis. This compelling book will be of interest to scholars in the history of economic thought, and to international economists in general.



God Conscious Organization And The Islamic Social Economy


God Conscious Organization And The Islamic Social Economy
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Author : Masudul Alam Choudhury
language : en
Publisher: Routledge
Release Date : 2016-08-05

God Conscious Organization And The Islamic Social Economy written by Masudul Alam Choudhury and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-08-05 with Business & Economics categories.


Can there be God-conscious organizational behaviour in the real world of today’s capitalist corporations and the alternatives? In this overview of God-consciousness as a moral-awareness model of preference formation, functions, structures, and programs of organization within the purview of institutions and society, the authors explain and compare the major ethical issues of organizational behaviour and structure in Islamic economic theory and application. By analysing the nature of inclusive organizations and institutions, and the ethical preferences in Islamic choice framework, the authors from Saudi Arabia, Australia, Malaysia, Bangladesh, Canada, Indonesia and the UK, can highlight individual aspects to show whether capitalist organizational behaviour is sustainable. They describe how The Tawhidi epistemological framework governing conscious moral decision-making by institutions and organization, are used to establish the meaning and potential application of the concept of sustainability, and whether organizational moral objectives achieve their goals of life-fulfilment development, Poverty alleviation and the equitable distribution of wealth and resources.



Income Distribution Inflation And Growth


Income Distribution Inflation And Growth
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Author : Lance Taylor
language : en
Publisher: MIT Press
Release Date : 1991

Income Distribution Inflation And Growth written by Lance Taylor 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.


Structuralist macroeconomics has emerged recently as the only viable theoretical alternative for economists and practitioners in developing countries. Lance Taylor's innovative work represents a landmark in this field. It codifies a new generation of structuralist macroeconomic models that incorporate the economic power relationships of key institutions and groups, integrates both finance and real macroeconomics, and covers a diverse range of experience in the developing world over the past three decades. In an introduction Taylor explains his methodology, describes assumptions underlying the models used, and reviews theories that relate economic growth and the role of financial assets. He then takes up basic structuralist models of a closed economy and moves on to consider the open economy cases. He incorporates the latest developments in the field (inflation, financial crisis, exchange rate management, increasing returns, and the like) in a treatment that departs substantially from economic orthodoxy. Taylor first addresses the question of how to specify "closure" or define the causal structure of macro models. He also considers how income redistribution influences growth and output and how income redistribution interacts with inflation. Next, an investment-driven non-full employment growth model draws on ideas introduced earlier to illustrate how different sorts of macroeconomic policies affect short-run adjustment and growth prospects over time. Taylor then turns to the problems proposed by economic openness in a stylized semi-industrialized country, starting with international trade. A fix-price/flex-price model is developed, and additional models demonstrate cases of policy relevance as well as interactions between class conflict and growth.