The Monetary Foundations of the Macroeconomy PDF Download

Author: Thomas Carl Rustici
Publisher: Cognella Academic Publishing
ISBN: 9781634870146
Category : Macroeconomics
Languages : en
Pages : 491

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Book Description
The essays featured in Macroeconomics: The Monetary Foundations of the Macroeconomy, Volume I come from a broad range of pre-Keynesian classical thinkers. They represent differing traditions, primarily the divide between a more monetarist approach and the Austrian school, which is reflected in their views on capital theory, interest rates, price level effects, and sometimes in the study of institutions and public policy. This book is designed to be used with Macroeconomics: Past and Present, Volume 2.

Author: Alvaro Cencini
Publisher: Routledge
ISBN: 1134382243
Category : Business & Economics
Languages : en
Pages : 368

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Book Description
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.

Author: Thomas Rustici
Publisher:
ISBN: 9781634872836
Category : Macroeconomics
Languages : en
Pages : 646

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Book Description
"This anthology uses primary sources to educate students about the living tradition of macroeconomics. Students learn the core principles and gain an understanding of how macroeconomics has been developing for more than two centuries. The book tells the often overlooked story of important work in macroeconomics pre-dating John Maynard Keynes. Students will see how Keynes borrowed from and developed this earlier work, and how macroeconomics went on to develop into a distinct discipline. It provides a broad range of perspectives and traditions, most notably the monetarist approach and the Austrian school of macroeconomic thinking. This book is designed to be used with Macroeconomics: The Monetary Foundations of the Macroeconomy, Volume 1. Dr. Thomas C. Rustici was the Freedom Professor of Economics at the Fund for American Studies, Georgetown University. He is currently an assistant professor of economics and the Associate Director of Undergraduate Studies in Economics at George Mason University. James Caton is a graduate teaching assistant and Ph.D. candidate in the economics program at George Mason University. Dima Yazji Shamoun is a research fellow with the Regulatory Studies Program at the Mercatus Center. She earned her Ph.D. in economics from George Mason University. Theo Shamoun earned both his B.A., summa cum laude, and M.A. degrees in economics from George Mason University."

Author: Roger W Garrison
Publisher: Routledge
ISBN: 1134895909
Category : Business & Economics
Languages : en
Pages : 289

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Book Description
Time and Money argues persuasively that the troubles which characterise modern capital-intensive economies, particularly the episodes of boom and bust, may best be analysed with the aid of a capital-based macroeconomics. The primary focus of this text is the intertemporal structure of capital, an area that until now has been neglected in favour of labour and money-based macroeconomics.

Author: Ben J. Heijdra
Publisher: Oxford University Press
ISBN: 0199210691
Category : Business & Economics
Languages : en
Pages : 816

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Book Description
This volume deals with all the major topics, summarizes the important approaches, and gives students a coherent angle on all aspects of macroeconomic thought.

Author: Ben J. Heijdra
Publisher: Oxford University Press
ISBN: 0198784147
Category : Business & Economics
Languages : en
Pages : 507

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Book Description
With this Exercise and Solutions Manual the student can further sharpen his/her skills in macroeconomic model formulation and solution. The manual contains a large number of problems with varying degrees of difficulty. It also gives model solutions for all problems.

Author: Morris A. Davis
Publisher: Cambridge University Press
ISBN: 0521762472
Category : Business & Economics
Languages : en
Pages : 245

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Book Description
An innovative textbook that provides a concise explanation of the foundations of modern macroeconomic theory and its methods.

Author: Filipe R. Campante
Publisher: LSE Press
ISBN: 1909890707
Category : Business & Economics
Languages : en
Pages : 420

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Book Description
Macroeconomic policy is one of the most important policy domains, and the tools of macroeconomics are among the most valuable for policy makers. Yet there has been, up to now, a wide gulf between the level at which macroeconomics is taught at the undergraduate level and the level at which it is practiced. At the same time, doctoral-level textbooks are usually not targeted at a policy audience, making advanced macroeconomics less accessible to current and aspiring practitioners. This book, born out of the Masters course the authors taught for many years at the Harvard Kennedy School, fills this gap. It introduces the tools of dynamic optimization in the context of economic growth, and then applies them to a wide range of policy questions – ranging from pensions, consumption, investment and finance, to the most recent developments in fiscal and monetary policy. It does so with the requisite rigor, but also with a light touch, and an unyielding focus on their application to policy-making, as befits the authors’ own practical experience. Advanced Macroeconomics: An Easy Guide is bound to become a great resource for graduate and advanced undergraduate students, and practitioners alike.

Author: Alvaro Cencini
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 358

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Book Description

Author: Michael Woodford
Publisher: Princeton University Press
ISBN: 1400830168
Category : Business & Economics
Languages : en
Pages : 805

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Book Description
With the collapse of the Bretton Woods system, any pretense of a connection of the world's currencies to any real commodity has been abandoned. Yet since the 1980s, most central banks have abandoned money-growth targets as practical guidelines for monetary policy as well. How then can pure "fiat" currencies be managed so as to create confidence in the stability of national units of account? Interest and Prices seeks to provide theoretical foundations for a rule-based approach to monetary policy suitable for a world of instant communications and ever more efficient financial markets. In such a world, effective monetary policy requires that central banks construct a conscious and articulate account of what they are doing. Michael Woodford reexamines the foundations of monetary economics, and shows how interest-rate policy can be used to achieve an inflation target in the absence of either commodity backing or control of a monetary aggregate. The book further shows how the tools of modern macroeconomic theory can be used to design an optimal inflation-targeting regime--one that balances stabilization goals with the pursuit of price stability in a way that is grounded in an explicit welfare analysis, and that takes account of the "New Classical" critique of traditional policy evaluation exercises. It thus argues that rule-based policymaking need not mean adherence to a rigid framework unrelated to stabilization objectives for the sake of credibility, while at the same time showing the advantages of rule-based over purely discretionary policymaking.