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Author: Nicholas Kaldor Publisher: Oxford ; New York : Oxford University Press ISBN: 9780198772484 Category : Business & Economics Languages : en Pages : 148
Book Description
Now thoroughly revised and updated, this edition also includes a new introduction which places Britain's experience of monetarism into a world context.
Author: Nicholas Kaldor Publisher: Oxford ; New York : Oxford University Press ISBN: 9780198772484 Category : Business & Economics Languages : en Pages : 148
Book Description
Now thoroughly revised and updated, this edition also includes a new introduction which places Britain's experience of monetarism into a world context.
Author: David E. W. Laidler Publisher: Harvard University Press ISBN: 9780674582408 Category : Business & Economics Languages : en Pages : 236
Book Description
Here is a clear and thoughtful introduction to the current literature of monetary economics and macroeconomics. The book's central theme is a view of the macroeconomy in which recession and inflation are to be interpreted as the result of the economy adjusting to a discrepancy between the quantity of money supplied and the quantity of money demanded, with the latter quantity being determined by a stable aggregate demand function. The author discusses in turn the place of monetarism in macroeconomics, its implications for the interpretation of the short-run demand for money function, its relationship to equilibrium business cycle theory, the disequilibrium transmission mechanism that underlies the monetarist viewpoint, and finally its implications for the policy of âeoegradualism.âe He synthesizes a large body of theoretical and empirical literature, and his empirical observations are broadly based on the experiences of England and Australia as well as Canada and the United States. Each chapter can be read apart from the others, and Laidler has taken particular care to keep the technical level of exposition low without sacrificing much in the way of theoretical sophistication.
Author: Stephen Rousseas Publisher: Springer ISBN: 1349264563 Category : Business & Economics Languages : en Pages : 177
Book Description
A Post Keynesian critique of monetarism and of contemporary Keynesian theory, calling for a return to the original ideas of John Maynard Keynes. Its primary emphasis is on the endogeneity of the money supply and on the financial innovations that have served to limit the effectiveness of monetary policy. It calls for the addition of a selective control over the flow of credit in the economy as an addition to the conventional Keynesian contracyclical tools for keeping the economy at full employment, along with a recognition that inflation is a function of money wages and not the aggregate supply or money.
Author: Louis-Philippe Rochon Publisher: Edward Elgar Publishing ISBN: 1783472243 Category : Endogenous growth Languages : en Pages : 464
Book Description
The endogenous nature of money is a fact that has been recognized rather late in monetary economics. Today, it is explained most comprehensively by the theory of money in post-Keynesian monetary theory. The expert contributors to this enlightening book revisit long-standing debates on the endogeneity of money from the position of both horizontalists and structuralists, and prescribe new areas of research and debate for post-Keynesian scholars to explore.
Author: Louis-Philippe Rochon Publisher: Edward Elgar Publishing ISBN: 9781781959596 Category : Business & Economics Languages : en Pages : 360
Book Description
Rochon (economics and banking, Kalamazoo College) uses a horizontalist perspective to offer a historical overview of the post-Keynesian and circuit approaches to endogenous money, and provides an informed critique of the development of post-Keynesian economics. He argues that rather than emphasizing the early writings of Minsky, Kaldor, and Tobin in the 1950s and of Davidson and Rousseas later, post Keynesians ought to have followed the writings of Joan Robinson and Richard Kahn who offered better theories of credit-money.
Author: Nicholas Kaldor
Author: Nicholas Kaldor
Author: Nicholas Kaldor
Author: 
Author: 
Author: Nicholas Kaldor
Author: Nicholas Kaldor
Author: David E. W. Laidler
Author: Stephen Rousseas
Author: Louis-Philippe Rochon
Author: Louis-Philippe Rochon