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David Laidler Papers

David Laidler Papers PDF Author: David Laidler
Publisher:
ISBN:
Category : Economics historians
Languages : en
Pages :

Book Description
The collection consists of the bulk of papers related to Laidler's professional life, including manuscript drafts of his published work and extensive correspondence with other leading economists.

David Laidler Papers

David Laidler Papers PDF Author: David Laidler
Publisher:
ISBN:
Category : Economics historians
Languages : en
Pages :

Book Description
The collection consists of the bulk of papers related to Laidler's professional life, including manuscript drafts of his published work and extensive correspondence with other leading economists.

Money and Macroeconomics

Money and Macroeconomics PDF Author: David E. W. Laidler
Publisher: Edward Elgar Publishing
ISBN: 9781781959800
Category : Business & Economics
Languages : en
Pages : 430

Book Description
Money and Macroeconomics is a significant collection of David Laidler's most important papers on the so-called 'monetarist counter-revolution'. This volume contains both published and unpublished examples of his influential contribution, detailing empirical work on the demand for money, the economics of inflation, the foundations of the 'buffer stock' approach to monetary theory, the monetarist critique of new classical economics and issues of economic policy.

David Laidler's Contributions to Economics

David Laidler's Contributions to Economics PDF Author: R. Leeson
Publisher: Springer
ISBN: 0230248411
Category : Business & Economics
Languages : en
Pages : 388

Book Description
This book provides a collection of essays by leading economists in honour of David Laidler's contributions to the field of macroeconomics, with important essays on central banking, monetary policy implementation, inflation targeting, monetary theory, monetary framework debates, and the mathematical theory of banking.

Monetarist Perspectives

Monetarist Perspectives PDF 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.

Macroeconomics and the Phillips Curve Myth

Macroeconomics and the Phillips Curve Myth PDF Author: James Forder
Publisher: OUP Oxford
ISBN: 0191506567
Category : Business & Economics
Languages : en
Pages : 321

Book Description
This book reconsiders the role of the Phillips curve in macroeconomic analysis in the first twenty years following the famous work by A. W. H. Phillips, after whom it is named. It argues that the story conventionally told is entirely misleading. In that story, Phillips made a great breakthrough but his work led to a view that inflationary policy could be used systematically to maintain low unemployment, and that it was only after the work of Milton Friedman and Edmund Phelps about a decade after Phillips' that this view was rejected. On the contrary, a detailed analysis of the literature of the times shows that the idea of a negative relation between wage change and unemployment - supposedly Phillips' discovery - was commonplace in the 1950s, as were the arguments attributed to Friedman and Phelps by the conventional story. And, perhaps most importantly, there is scarcely any sign of the idea of the inflation-unemployment tradeoff promoting inflationary policy, either in the theoretical literature or in actual policymaking. The book demonstrates and identifies a number of main strands of the actual thinking of the 1950s, 1960s, and 1970s on the question of the determination of inflation and its relation to other variables. The result is not only a rejection of the Phillips curve story as it has been told, and a reassessment of the understanding of the economists of those years of macroeconomics, but also the construction of an alternative, and historically more authentic account, of the economic theory of those times. A notable outcome is that the economic theory of the time was not nearly so naïve as it has been portrayed.

Macroeconomics in Retrospect

Macroeconomics in Retrospect PDF Author: David E. W. Laidler
Publisher: Edward Elgar Publishing
ISBN: 9781843763840
Category : Macroeconomics
Languages : en
Pages : 0

Book Description
David Laidler is one of the leading scholars in the history of economic thought and macroeconomics. This important collection brings together nineteen of his essays on topics in the history of macroeconomics. It begins with a paper on Adam Smith and ends with a discussion of the implications of Newclassical economists' ideas on the role of economic ideas in conditioning agents' activities. Other chapters deal with the major themes developed by monetary economists in the intervening years. Two of the essays appear in their current form for the first time, and several others are reprinted from difficult-to-obtain sources. They should be of interest not just to historians of economic thought, but also to economists more generally.

Three Lectures on Monetary Theory and Policy

Three Lectures on Monetary Theory and Policy PDF Author: David E. W. Laidler
Publisher:
ISBN:
Category : Monetary policy
Languages : en
Pages : 136

Book Description


Canadian Policy Debates and Case Studies in Honour of David Laidler

Canadian Policy Debates and Case Studies in Honour of David Laidler PDF Author: Robert Leeson
Publisher: Springer
ISBN: 0230274307
Category : Business & Economics
Languages : en
Pages : 248

Book Description
This volume brings together some of the world's leading economists, to focus primarily on Canadian policy issues and case study debates in honour of David Laidler. Commemorating his success and active participation in the research and analysis of monetary policy.

The Demand for Money

The Demand for Money PDF Author: David E. W. Laidler
Publisher:
ISBN:
Category :
Languages : en
Pages : 128

Book Description


Raising Keynes

Raising Keynes PDF Author: Stephen A. Marglin
Publisher: Harvard University Press
ISBN: 0674971027
Category : Business & Economics
Languages : en
Pages : 921

Book Description
Back to the future: a heterodox economist rewrites Keynes's General Theory of Employment, Interest, and Money to serve as the basis for a macroeconomics for the twenty-first century. John Maynard Keynes's General Theory of Employment, Interest, and Money was the most influential economic idea of the twentieth century. But, argues Stephen Marglin, its radical implications were obscured by Keynes's lack of the mathematical tools necessary to argue convincingly that the problem was the market itself, as distinct from myriad sources of friction around its margins. Marglin fills in the theoretical gaps, revealing the deeper meaning of the General Theory. Drawing on eight decades of discussion and debate since the General Theory was published, as well as on his own research, Marglin substantiates Keynes's intuition that there is no mechanism within a capitalist economy that ensures full employment. Even if deregulating the economy could make it more like the textbook ideal of perfect competition, this would not address the problem that Keynes identified: the potential inadequacy of aggregate demand. Ordinary citizens have paid a steep price for the distortion of Keynes's message. Fiscal policy has been relegated to emergencies like the Great Recession. Monetary policy has focused unduly on inflation. In both cases the underlying rationale is the false premise that in the long run at least the economy is self-regulating so that fiscal policy is unnecessary and inflation beyond a modest 2 percent serves no useful purpose. Fleshing out Keynes's intuition that the problem is not the warts on the body of capitalism but capitalism itself, Raising Keynes provides the foundation for a twenty-first-century macroeconomics that can both respond to crises and guide long-run policy.