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  • 2005-2009  (10)
  • 1995-1999  (4)
  • Edward Elgar Publishing  (14)
  • Safari, an O’Reilly Media Company
  • Macroeconomics
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Years
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Subjects(RVK)
  • 1
    Online Resource
    Online Resource
    Cheltenham, U.K : Edward Elgar
    ISBN: 9781849802123
    Language: English
    Pages: 1 Online-Ressource (xvi, 256 p) , ill
    Series Statement: Edward Elgar E-Book Archive
    Uniform Title: Makroøkonomisk metodologi
    Parallel Title: Available in another form
    Parallel Title: Erscheint auch als Jespersen, Jesper, 1948 - Macroeconomic methodology
    DDC: 339
    RVK:
    Keywords: Makroökonomik ; Postkeynesianismus ; Keynesian economics ; Macroeconomics ; Electronic books ; Makroökonomie ; Methodologie
    Abstract: Jesper Jespersen presents a treatise on the importance of the choice of methodology within macroeconomics. Given that no scientifically based macroeconomic policy recommendation should be established without an evaluation of the methods employed, this book gives a clear exposition of how proper macroeconomic analysis should be undertaken. Furthermore, it is convincingly argued that one of the lasting contributions of John Maynard Keynes was his emphasis on methodology; that macroeconomic consequences of uncertainty could not be analysed within the established general equilibrium framework. It is due to post-Keynesian economics supported by critical realism that the understanding of Keynes's methodology has been resurrected, which has eventually resulted in renewed debate on realistic macroeconomic policies to restore full employment without inflation
    Abstract: 1. Keynes-inspired macroeconomic theory in a methodological perspective -- 2. Macroeconomic methodology : from a critical realist perspective -- 3. The macroeconomic landscape : an example of an ontological reflection -- 4. About uncertainty, risk and limited knowledge -- 5. Uncertainty and 'the economy as a whole' -- 6. Equilibrium and path-dependence from a perspective of uncertainty -- 7. The fallacy of composition -- 8. Effective demand : a macroeconomic causal relationship -- 9. Methodological perspectives for realistic macroeconomic research : a summary
    Note: Includes bibliographical references (p. 234-246) and index
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 2
    ISBN: 9781035305629
    Language: English
    Pages: 1 Online-Ressource (xxii, 332 pages) , illustrations
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als Twenty-first century macroeconomics
    DDC: 338.927
    RVK:
    RVK:
    RVK:
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    Keywords: 1980-2006 ; Wirtschaftspolitik ; Klimawandel ; Umweltschutz ; Welt ; Economic development Environmental aspects ; Macroeconomics ; Global warming ; Konferenzschrift ; Klimaänderung ; Umweltschutz ; Klimaschutz ; Wirtschaftspolitik
    Abstract: The authors and editors of this book challenge traditional assumptions about economic growth, and develop the elements of a reoriented macroeconomics that takes account both of environmental impacts and social equity. Policies including carbon trading, revenue recycling, and reorientation of private and social investment are analyzed, providing insight into new paths for economic development with flat or negative carbon emissions. These issues will be crucial to macroeconomic and development policies in the twenty-first century. What are the likely economic effects of climate change? What are the costs of substantial action to avert climate change? What economic policies can be effective in responding to climate change? The debate has broad implications for public policy. However, it also raises fundamental questions about economic analysis itself, and moves issues of environmental policy from the microeconomic to the macroeconomic level. Taking global climate change seriously requires a re-examination of macroeconomic goals. Economic growth has been closely linked to expanded use of energy, primarily fossil fuels. The assumption of continuing economic growth, in turn, leads economists to discount future costs, including the generational impacts of climate change. Challenging conventional concepts of growth implies different development paths both for rich and poor nations. This volume brings together contributions from scholars around the world to address these issues. Scholars, researchers and students of economics and development studies along with policymakers and non-governmental organizations will find this insightful book of great interest
    Description / Table of Contents: Contents: Introduction / Jonathan M. Harris and Neva R. Goodwin -- Part I: The scope of the challenge -- 1. Understanding the challenge of global warming / Lloyd J. Dumas -- 2. The new climate economics: The stern review versus its critics / Frank Ackerman -- 3. Economics and climate change: Resilience, equity, and sustainability / Neva R. Goodwin -- 4. The right to development in a climate-constrained world / Paul Baer, Tom Athanasiou and Sivan Kartha -- Part II: Macroeconomic theory perspectives -- 5. The economic fundamentals of global warming / Duncan K. Foley -- 6. Energy productivity, labor productivity, and global warming / Lance Taylor -- 7. Macroeconomics and sustainable development: Applying the sustainomics framework / Mohan Munasinghe -- 8. Ecological macroeconomics: Consumption, investment and climate change / Jonathan M. Harris -- Part III: Policy options for responding to climate change -- 9. Cap and dividend: How to curb global warming while promoting income equity / James K. Boyce and Matthew Riddle -- 10. Policies for funding a response to climate change / Brian Roach -- 11. The new EU emissions trading scheme: A blueprint for the global carbon market? / Christian Egenhofer -- 12. Implementation of sustainable development in Poland / Andrzej Kassenberg -- 13. Climate change from the investor's perspective / Adam Seitchik -- Index.
    Note: Includes bibliographical references and index
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  • 3
    Online Resource
    Online Resource
    Cheltenham : Edward Elgar
    ISBN: 9781848443808
    Language: English
    Pages: 1 Online-Ressource (x, 183 p) , ill
    Series Statement: New directions in modern economics
    Series Statement: Edward Elgar E-Book Archive
    Parallel Title: Available in another form
    Parallel Title: Erscheint auch als Brown, Christopher Inequality, consumer credit and the saving puzzle
    DDC: 332.7/43
    RVK:
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    Keywords: Makroökonomik ; Verbraucherkredit ; Finanzprodukt ; Einkommensverteilung ; USA ; Consumer credit ; Macroeconomics ; Electronic books ; USA ; Makroökonomie ; Konsumentenkredit ; Finanzinnovation ; Einkommensverteilung
    Abstract: Providing much needed context for current events like the sub-prime mortgage crisis, this timely book presents a vision of an economy evolved to greater dependence on consumer credit and analyzes the trade-offs and risks associated with it. While synthesizing the Keynesian theory of consumption with the Institutional theory of habit selection (brought up to date with new knowledge from evolutionary biology and neuroscience), this book represents an in-depth treatment of the macroeconomic dimensions of consumer credit and implications of recent financial innovations from a non-traditional economic approach
    Abstract: 1. Consumer credit and effective demand -- 2. The household debt surge and the theory of habit selection -- 3. A brief history of innovation in the consumer credit industry -- 4. The saving puzzle : a closer examination -- 5. Macroeconomic aspects of consumer credit dependence -- 6. Balance sheet (minsky) effects : an empirical analysis -- 7. Consumerism, inequality and globalization -- 8. Final remarks
    Note: Includes bibliographical references and index
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 4
    ISBN: 9781848446021
    Language: English
    Pages: 1 Online-Ressource (xiii, 192 p) , ill
    Series Statement: Edward Elgar E-Book Archive
    Parallel Title: Available in another form
    Parallel Title: Erscheint auch als Macroeconomics in the small and the large
    DDC: 339
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    Keywords: Leijonhufvud, Axel ; Wirtschaftstheorie ; Ökonomische Ideengeschichte ; Makroökonomik ; Economic history ; Macroeconomics ; Electronic books ; Aufsatzsammlung ; Festschrift ; Wirtschaftstheorie ; Makroökonomie
    Abstract: This book honors the work of Axel Leijonhufvud. The topics range from Keynesian economics and the economics of high inflation to the micro-foundations of macroeconomics and economic history. The authors comprise some of the very best economists active today
    Abstract: 1. Axel Leijonhufvud and the quest for micro-foundations : some reflections / David Laidler -- 2. Old-Keynesian economics / Roger E.A. Farmer -- 3. Interest rate setting in the presence of investment prospects and Knightian uncertainty / Edmund S. Phelps -- 4. Macroeconomics of broken promises / Daniel Heymann -- 5. Bankruptcy and collateral in debt constrained markets / Timothy J. Kehoe and David K. Levine -- 6. Growth patterns of two types of macro-models : limiting behavior of one- and two-parameter poisson-dirichlet models / Masanao Aoki -- 7. Time inconsistency of robust control? / Lars Peter Hansen and Thomas J. Sargent -- 8. A tale of two countries : innovation and incentives among great inventors in Britain and the United States, 1750-1930 / B. Zorina Khan and Kenneth L. Sokoloff -- 9. Macroeconomics with intelligent autonomous agents / Peter Howitt
    Note: Includes bibliographical references (p. 178-185) and index
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 5
    Online Resource
    Online Resource
    Cheltenham, UK : Edward Elgar Publishing Limited
    ISBN: 9781785366789
    Language: English
    Pages: 1 Online-Ressource , cm
    Series Statement: The international library of critical writings in economics 221
    Series Statement: Edward Elgar E-Book Archive
    Parallel Title: Erscheint auch als The economics of networks
    DDC: 338.6042011
    RVK:
    Keywords: Regionalökonomik ; Regionales Cluster ; Netzwerk ; Unternehmensnetzwerk ; Theorie ; Macroeconomics ; Social networks Economic aspects ; Business networks Economic aspects ; Space in economics Mathematical models ; Business networks Economic aspects ; Electronic books ; Aufsatzsammlung ; Raumwirtschaftstheorie ; Regionale Wirtschaftsstruktur ; Cluster
    Abstract: Networks have a widespread economic significance. They structure the way that market traders interact and configure relations within and between social groups, urban centres and nation states. Networks also determine patterns of authority and dominance in hierarchical organisations such as governments. This authoritative selection of recent work on the economics of networks will appeal to researchers in microeconomics, spatial and business economics as well as international economics and development. Social scientists and natural scientists will also find the book useful as a guide to the increasing wealth of economic literature on networks
    Abstract: David A. Smith and Michael F. Timberlake (2001), 'World City Networks and Hierarchies, 1977-1997: An Empirical Analysis of Global Air Travel Links', American Behavioral Scientist, 44 (10), June, 1656-78 -- Barney Warf (1995), 'Telecommunications and the Changing Geographies of Knowledge Transmission in the Late 20th Century', Urban Studies, 32 (2), 361-78 -- Tamar Diana Wilson (1998), 'Weak Ties, Strong Ties: Network Principles in Mexican Migration', Human Organization, 57 (4), 394-403
    Abstract: Recommended readings (Machine generated): Harald Baldersheim, Jan Bucek and Pawel Swianiewicz (2002), 'Mayors Learning across Borders: The International Networks of Municipalities in East-Central Europe', Regional and Federal Studies, 12 (1), Spring, 126-37 -- Ashok Deo Bardhan and Subhrajit Guhathakurta (2004), 'Global Linkages of Subnational Regions: Coastal Exports and International Networks', Contemporary Economic Policy, 22 (2), April, 225-36 -- René Belderbos and Leo Sleuwaegen (1996), 'Japanese Firms and the Decision to Invest Abroad: Business Groups and Regional Core Networks', Review of Economics and Statistics, 78 (2), May, 214-20 -- Mark Brayshay, Mark Cleary and John Selwood (2005), 'Interlocking Directorships and Trans-national Linkages within the British Empire, 1900- 1930', Area, 37 (2), 209-22 -- Ronald S. Burt (1999), 'Private Games are too Dangerous', Computational and Mathematical Organization Theory, 5 (4), December, 311-41 -- Mark Casson and Howard Cox (1997), 'An Economic Model of Inter-Firm Networks', in Mark Ebers (ed) (ed.), The Formation of Inter-Organizational Networks, Chapter 7, Oxford: Oxford University Press, 174-96 -- Howard Cox, Simon Mowatt and Martha Prevezer (2003), 'New Product Development and Product Supply within a Network Setting: The Chilled Ready-Meal Industry in the UK', Industry and Innovation, 10 (2), June, 197-217 -- Niek de Jong and Rob Vos (1995), 'Regional Blocs or Global Markets? A World Accounting Approach to Analyze Trade and Financial Linkages', Weltwirtschaftliches Archiv, 131, 748-73 -- Sarah Drakopoulou Dodd and Eleni Patra (2002), 'National Differences in Entrepreneurial Networking', Entrepreneurship and Regional Development, 14 (2), January, 117-34 -- Peter Sheridan Dodds, Duncan J. Watts and Charles F. Sabel (2003), 'Information Exchange and the Robustness of Organizational Networks', Proceedings of the National Academy of Sciences of the United States of America, 100 (21), October, 12516-21 -- Mika Kallioinen (2004), 'Information, Communication Technology, and Business in the Nineteenth Century: The Case of a Finnish Merchant House', Scandinavian Economic History Review, LII (1), 19-33 -- Douglas S. Massey (1987), 'Understanding Mexican Migration to the United States', American Journal of Sociology, 92 (6), May, 1372-403 -- Larry Neal and Stephen Quinn (2001), 'Networks of Information, Markets, and Institutions in the Rise of London as a Financial Centre, 1660-1720', Financial History Review, 8 (1), April, 7-26 -- M.E.J. Newman and Juyong Park (2003), 'Why Social Networks are Different from other Types of Networks', Physical Review E, 68 (3), 036122, 1-8 -- Lucy Newton (2003), 'Capital Networks in the Sheffield Region, 1850-1885', in John F. Wilson (ed) and Andrew Popp (ed) (eds), Industrial Clusters and Regional Business Networks in England, 1750-1970, Chapter 7, Aldershot, UK: Ashgate Publishers, 130-54 -- Rebeca Raijman, Silvina Schammah-Gesser and Adriana Kemp (2003), 'International Migration, Domestic Work, and Care Work: Undocumented Latina Migrants in Israel', Gender and Society, 17 (5), October, 727-49 -- Kenneth D. Roberts and Michael D.S. Morris (2003), 'Fortune, Risk, and Remittances: An Application of Option Theory to Participation in Village-Based Migration Networks', International Migration Review, 37 (4), Winter, 1252-81 -- Janet W. Salaff and Arent Greve (2004), 'Can Women's Social Networks Migrate?', Women's Studies International Forum, 27, 149-62 -- Ma Ángeles Serrano and Marián Boguñá (2003), 'Topology of the World Trade Web', Physical Review E, 68 (1), 015101, 1-4
    Note: Includes bibliographical references , The recommended readings are available in the print version, or may be available via the link to your library's holdings
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 6
    ISBN: 9781848446205
    Language: English
    Pages: 1 Online-Ressource (xxvi, 327 p) , ill
    Series Statement: Edward Elgar E-Book Archive
    Parallel Title: Available in another form
    Parallel Title: Erscheint auch als Keynes and macroeconomics after 70 years
    DDC: 339
    RVK:
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    Keywords: Keynes, John Maynard ; Wirtschaftswissenschaft ; Ökonomen ; Makroökonomik ; Keynesianismus ; Kritik ; Keynesian economics ; Macroeconomics ; Electronic books ; Konferenzschrift ; Konferenzschrift 2006 ; Keynessche Theorie
    Abstract: In this collection, esteemed post-Keynesian scholars reassess the relevance of Keynes's 'The General Theory' to a broad array of topic areas, ranging from the environment, investment finance, exchange rates, and socialism, as well as inquiries into general post-Keynesian theory
    Abstract: Heterodox macroeconomics: what, exactly, are we against? / John E. King -- Keynes the Keynesian: a Lakatosian insight into Keynes's 'probable' theoretical contributions to macroeconomics after 1937 /Jesús Muñoz and Joel Bonales -- Minsky and Keynes on inestment volatility: was there an overstatement? / André Lourenço -- Two founding fathers of the Post-Keynesian critical appraisal of self-balancing mechanisms? / Lino Sau -- The contributions of Tom Asimakopulos to Post Keynesian economics / G.C. Harcourt -- Asimakopulos's criticism of Keynes's short-period equilibrium: a reformulation / Abdelkader Slifi -- Modeling Keynes with Kalecki / Colin Richardson and Jerry Courvisanos -- A Keynesian model for the 21st century / H. Sonmez Atesoglu -- Capital accumulation, income distribution, technical progress and endogenous money in a Post Keynesian macrodynamic model / Luciano Dias Carvalho and José Luis Oreiro
    Abstract: Keynes on the control of the money supply and the interest rates / Carlo Panico -- Inflation targeting in Brazil: a Keynesian approach. / Luiz Carlos Bresser-Pereira and Cleomar Gomes da Silva -- Eisner's radical approach to social security - tell the truth! / Stephanie Kelton -- Investment finance and financial sector development / Bokhyun Cho -- Keynes's theory of probability, investment behavior, and behavioral finance / Edwin Dickens -- Real exchange rate levels, investment and growth: a Keynesian perspective / Paulo Gala -- A reinterpretation, remedy and development of Keynes's liquidity preference theory / Wenge Huang -- Keynes's 'revolving fund of finance' and transactions in the circuit / Steve Keen -- Monetary and fiscal policies in a Post Keynesian stock-flow consistent model / Edwin Le Heron -- Expectations and unemployment / J.W. Nevile and Peter Kriesler
    Note: Includes bibliographical references and index
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 7
    ISBN: 9781847205438
    Language: English
    Pages: 1 Online-Ressource (viii, 258 p) , ill
    Series Statement: Edward Elgar E-Book Archive
    Series Statement: New directions in modern economics series
    Parallel Title: Available in another form
    Parallel Title: Erscheint auch als Money, distribution and economic policy
    DDC: 339
    RVK:
    Keywords: Wirtschaftswissenschaft ; Makroökonomik ; Geldpolitik ; Geld ; Umverteilung ; Wirtschaftspolitik ; OECD-Staaten ; Macroeconomics ; Economic policy ; Money ; Electronic books ; Aufsatzsammlung ; Geldtheorie ; Verteilungstheorie ; Wirtschaftspolitik
    Abstract: pt. 1. Heterodox economic theory and money in macroeconomics -- pt. 2. Distribution and aggregate demand -- pt. 3. Economic policies.
    Abstract: Money, distribution and economic policy takes issue with the inappropriate treatment of money, effective demand and distribution issues in modern mainstream macroeconomics. It presents contributions which are critical of modern orthodoxy and which explore alternative approaches to macroeconomics and economic policy analysis. The contributors explore the following areas: the development of heterodox theory, the role of money in macroeconomics, the relationship between distribution and aggregate demand, macroeconomic policy issues from a broader heterodox perspective
    Note: Includes bibliographical references and index
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  • 8
    ISBN: 9781847203113
    Language: English
    Pages: 1 Online-Ressource (xii, 424 p) , ill
    Series Statement: Edward Elgar E-Book Archive
    Parallel Title: Available in another form
    Parallel Title: Erscheint auch als Complexity, endogenous money and macroeconomic theory
    DDC: 339
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    Keywords: Wirtschaftswissenschaft ; Wirtschaftstheorie ; Keynesianismus ; Geldtheorie ; Geldpolitik ; Finanzsystem ; Zinstheorie ; Arbeitslosigkeit ; Inflationsrate ; Econometrics ; Endogenous growth (Economics) ; Macroeconomics ; Money ; Electronic books ; Konferenzschrift 2004 ; Konferenzschrift ; Festschrift ; Geld ; Makroökonomie ; Wirtschaftstheorie ; Makroökonomie ; Geld ; Wirtschaftstheorie ; Konferenz
    Abstract: During a distinguished career, Basil Moore has made numerous important contributions to macroeconomics and monetary economics, and is renowned as the progenitor of the "horizontalist" analysis of endogenous money. More recently, he has embraced complexity theory as part of an ongoing effort to understand macroeconomics as an evolving, path-dependent process. This book celebrates and explores Basil Moore's interests in and contributions to monetary and macroeconomic theory
    Abstract: pt. 1. Economic concepts, tools and methodology -- pt. 2. Complexity, uncertainty and path dependence -- pt. 3. The macroeconomics of endogenous money -- pt. 4. The macroeconomics of exogenous interest rates -- pt. 5. Unemployment, inflation and the determination of aggregate income
    Note: Includes bibliographical references and index
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 9
    ISBN: 9781781956366
    Language: English
    Pages: 1 Online-Ressource (xx, 250 pages) , illustrations
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als Growth and cohesion in the European Union
    DDC: 337.1/42
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    Keywords: European Union ; European Union ; 1955-2005 ; Wirtschaftspolitik ; Geldpolitik ; Finanzpolitik ; Arbeitsmarktpolitik ; Wirtschaftswachstum ; EU-Staaten ; Europäischer Stabilitätsmechanismus ; Monetary policy ; Monetary policy European Union countries ; Macroeconomics ; Aufsatzsammlung ; Konferenzschrift ; Europäische Union Stabilitätspakt ; Fiskalpolitik ; Geldpolitik ; Europäische Union ; Arbeitsmarktpolitik ; Stabilität ; Wirtschaftspolitik ; Finanzpolitik ; Wirtschaftswachstum
    Abstract: This book is a critical review of current fiscal and monetary policy in Europe and presents results of both empirical research and a discussion of the theoretical framework behind the policy of the European Central Bank and the Stability and Growth Pact. Macroeconomic policy is often hotly debated within the EU. However, the majority of policy discussions have started from a shared view of how the economy works. This shared neo-classical view is also known as the 'Brussels-Frankfurt consensus'. According to that consensus, European labour markets are too rigid in comparison to the US labour market. Hence, the prevalent view is that the European unemployment problem can be solved by increasing incentives; improving the returns on schooling and redefining the role and the necessity of labour market institutions. In this volume the authors argue that it is not at all clear which institutions cause labour market rigidities and to what extent. They note that the problem of unemployment requires a much broader set of solutions, including active labour market policies, policies concerning schooling and the development of skills. Growth and Cohesion in the European Union also highlights that these microeconomic policies will not in themselves provide the solution to what is essentially a macroeconomic problem. First and foremost the role of aggregate demand in the determination of unemployment has to be placed at the forefront of the debate. The extensive discussion of a broad variety of topics in the field of macroeconomic policy will ensure this book finds a welcome readership amongst researchers and academics of European studies and macroeconomics. Policy advisors will also find much to engage them as the book provides a critical view on the Brussels-Frankfurt consensus, currently so dominant amongst European policymakers
    Description / Table of Contents: Contents: Introduction -- Part I: Monetary policy, fiscal policy and the stability and growth pact -- 1. The brussels-frankfurt consensus: An answer to the wrong question / William Mitchell and Joan Muysken -- 2. Whither stability pact? An assessment of reform proposals / Paola Monperrus-Veroni and Francesco Saraceno -- 3. Alternatives for the policy framework of the euro / Philip Arestis and Malcolm Sawyer -- 4. What drives ecb monetary policy? / Clemens J.M. Kool -- 5. Interest rates, debt, counter-cyclical policy and monetary sovereignty / Jan Kregel -- Part II: Labour markets and labour market policies -- 6. Institutions and the labour market: Examining the benefits / Tom van Veen -- 7. Institutions and unemployment in oecd countries: A panel data analysis / Lucio Baccaro and Diego Rei -- 8. The institutional determinants of labour market performance: Comparing the anglo-saxon model and a European-style alternative / Henri de Groot, Richard Nahuis and Paul Tang -- 9. Enhancing productivity: Social protection as investment policy / Chris de Neubourg and Julie Castonguay -- 10. Labour market adjustments and macroeconomic performance / Anna Batyra and Henri Sneessens -- Index.
    Note: "Centre of Full Employment and Equity." , Includes bibliographical references and index
    URL: Inhaltsverzeichnis  (lizenzpflichtig)
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  • 10
    Online Resource
    Online Resource
    Cheltenham, U.K : Edward Elgar
    ISBN: 9781845427931
    Language: English
    Pages: 1 Online-Ressource (vii, 253 p) , ill
    Series Statement: Edward Elgar E-Book Archive
    Parallel Title: Available in another form
    Parallel Title: Erscheint auch als The new monetary policy
    DDC: 339.5/3
    RVK:
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    Keywords: Geldpolitik ; Inflationsbekämpfung ; Inflationssteuerung ; Welt ; Monetary policy ; Inflation (Finance) ; Macroeconomics ; Electronic books ; Konferenzschrift ; Aufsatzsammlung ; Geldpolitik ; Inflation ; Makroökonomie ; Geldpolitik ; Inflationstheorie ; Makroökonomie
    Abstract: Beginning with an assessment of new thinking in macroeconomics and monetary theory, this book suggests that many countries have adopted the New Consensus Monetary Policy since the early 1990s in an attempt to reduce inflation to low levels. It goes on to illustrate that the explicit control of the money supply, which was fashionable in the 1970s and 1980s in the UK, US, Europe and elsewhere, was abandoned in favour of monetary rules that focus on interest rate manipulation by the central bank. The objective of these rules is to achieve specific, or a range of, inflation targets
    Abstract: 1. Introduction -- 2. New consensus monetary policy : an appraisal -- 3. Central bank behaviour and the stability of macroeconomic equilibrium : a critical examination of the "new consensus" -- 4. Monetary policy divergences in the Euro area : the early record of the European central bank -- 5. Stock market prices and the conduct of monetary policy under the New Consensus Monetary Policy -- 6. On the US Post-"New Economy" bubble : should asset prices be controlled? -- 7. Monetary policy in the information economy : old problems and new challenges -- 8. The monetary policy outcomes curve : can the size and structure of public debt undermine policy objectives? -- 9. The old lady in new clothes : uncertainty and the UK Monetary Policy framework -- 10. The experience of inflation targeting since 1993 -- 11. Reflections on the Bank of Canada's monetary policy framework -- 12. The determinants of saving in developing countries, and the impact of financial liberalization -- 13. Monetary models and inflation targeting in emerging market economies -- 14. International aspects of current monetary policy
    Note: Includes bibliographical references and index
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 11
    Online Resource
    Online Resource
    Cheltenham, UK : Edward Elgar Publishing
    ISBN: 9781781959596
    Language: English
    Pages: 1 Online-Ressource (x, 341 pages) , illustrations
    Parallel Title: Erscheint auch als
    Parallel Title: Elektronische Reproduktion von Rochon, Louis-Philippe Credit, money and production
    DDC: 332.4
    RVK:
    Keywords: Geldtheorie ; Kredittheorie ; Keynesianismus ; Postkeynesianismus ; Kritik ; Theorie ; Money ; Credit ; Keynesian economics ; Kredittheorie ; Credit ; Macroeconomics ; Makroökonomie ; Neokeynesianismus ; Keynessche Theorie ; Geldtheorie
    Abstract: This thought-provoking book clearly and systematically analyses the post-Keynesian approaches to endogenous money and, in doing so, provides an informed critique of the development of post-Keynesian economics. Using a horizontalist perspective the author offers an historical overview of the post-Keynesian and circuit approaches to endogenous money, starting with a comprehensive survey of the Franco-Italian circuit school. 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 far better theories of credit-money. The author then compares the current post-Keynesian structuralist theory with New Keynesian monetary thought. In conclusion, he develops an innovative theory of banking based on Keynesian uncertainty and consistent with the horizontalist tradition taking into account credit restraints, crunches and creditworthiness. This book will be illuminating to scholars of post-Keynesian economics, macroeconomics, and history of economic thought
    Description / Table of Contents: Contents: Preface -- Introduction -- 1. The franco-italian circuitists: Credit, money and production -- 2. Credit, money and post-Keynesian theory: Clarifications of familiar themes -- 3. The early views of "endogenous" money: Minsky, kaldor and tobin -- 4. The early views of "endogenous" money revisited: Davidson and rousseas versus robinson and kahn -- 5. Horizontalists and structuralists: Credit and endogenous "money" -- 6. Post-Keynesians and orthodoxy: "neo" post-Keynesians? -- 7. New Keynesian monetary theory and the transmission mechanism: A comparison with post-Keynesian theory -- 8. A post-Keynesian/circuitist theory of banks: Uncertainty, creditworthiness, and the supply of credit -- Bibliography -- Index.
    Note: Includes bibliographical references (pages 301-329) and index
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  • 12
    Online Resource
    Online Resource
    Cheltenham, UK : Edward Elgar Publishing
    ISBN: 9781035303625
    Language: English
    Pages: 1 Online-Ressource (xvi, 348 pages) , illustrations
    Parallel Title: Erscheint auch als
    Parallel Title: Elektronische Reproduktion von Beyond the representative agent
    DDC: 339
    RVK:
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    Keywords: Wirtschaftstheorie ; Makroökonomik ; Theorie ; Macroeconomics ; Social interaction ; Economics Sociological aspects ; Aufsatzsammlung ; Wirtschaftssoziologie ; Makroökonomie
    Abstract: This challenging book extends standard economic theory to take into account the presence of heterogeneity among economic agents. It argues for an approach to economic analysis which regards the economy as an interactive system with heterogeneous agents and not simply a system which treats aggregates as some 'representative' individual. The authors consider that no sector of the economy can be treated as behaving like a single individual and each sector should be modelled as a complex interactive system. They apply this approach to many macro- and micro- analyses including monetary policy and firms, technological innovation and the insider-outsider model. In conclusion the authors find that this approach proves much more fruitful in explaining empirical phenomena than much of the existing theory. The result of this approach to economic theory which encompasses many realistic features, provides a vision of the economy which is not at odds with common sense, but which does not abandon rigorous analysis. This important book will be welcomed by those interested in both macro and micro economic theory
    Description / Table of Contents: Contents: Introduction -- 1. Interaction and market -- 2. Tutorial on social interaction economics -- 3. Multilevel interactions with a Keynesian flavour in a stochastic macroeconomic model -- 4. Economic theory and 'conformism' -- 5. Firms' size and monetary policy -- 6. Agents' heterogeneity and coordination failure -- 7. Compartmental analysis of economic systems with heterogeneous agents -- 8. Macroeconomic fluctuations and heterogeneous agents -- 9. Fluctuations and growth due to technological innovation and diffusion -- 10. Hysteresis and economics -- 11. An insider-outsider model with non-trivially heterogeneous labour force -- 12. Agents' heterogeneity, financial fragility, and learning -- Index.
    Note: Includes bibliographical references and index
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  • 13
    ISBN: 9781781959985
    Language: English
    Pages: 1 Online-Ressource (xi, 244 pages) , illustrations
    Parallel Title: Erscheint auch als
    Parallel Title: Elektronische Reproduktion von Financial constraints and markets failures
    DDC: 330.15/6
    RVK:
    Keywords: Neoklassische Synthese ; Marktversagen ; Finanzmarkt ; Unvollkommener Markt ; Kreditrationierung ; Theorie ; Keynesian economics ; Neoclassical school of economics ; Macroeconomics ; Aufsatzsammlung ; Neokeynesianismus
    Abstract: This innovative book shows how new Keynesian economics has reacted to the challenges of new classical economics. It argues that new Keynesian economists have responded positively to the challenge and strengthened the analytical power of their models. The first part of the book offers a critical reconstruction of the two crucial strains developed in new Keynesian economics. Firstly, the analysis of nominal and real rigidities based on imperfect competition in markets and secondly the analysis of capital market imperfections based on information asymetries. The authors argue that the constraints and market failures of new Keynesian models need to be specified. In the second part they focus on the financial constraint of credit rationing, the market failure of unemployment equilibria and the links between financial constraints and the workings of the labour market in economic cycles. The analysis of this does not provide a solution to all the analytical problems of the new Keynesian framework, but assesses the strengths and weaknesses of new Keynesian economics. The authors suggest that new Keynesian economics has opened a promising path of research which could make a pathbreaking contribution to macroeconomic theory
    Description / Table of Contents: Contents: Preface -- 1. The new Keynesian economics: A survey -- 2. An investigation into the new Keynesian macroeconomics of imperfect capital markets -- 3. New Keynesian economics and sequence analysis -- 4. Credit rationing with loans of variable size -- 5. Market imperfections, unemployment equilibria and nominal rigidities -- 6. Nominal shocks, net worth and economic activity: A new Keynesian view of the monetary transmission mechanism -- Index.
    Note: Includes bibliographical references and index
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  • 14
    Online Resource
    Online Resource
    Cheltenham, UK : Edward Elgar Publishing
    ISBN: 9781800886483
    Language: English
    Pages: 1 Online-Ressource (xi, 215 pages) , illustrations
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Elektronische Reproduktion von Skousen, Mark, 1947 - Puzzles and paradoxes in economics
    DDC: 330
    RVK:
    RVK:
    Keywords: Wirtschaftstheorie ; Theorie ; Economics ; Microeconomics ; Macroeconomics ; Finance ; Marketing ; Paradox ; Puzzles ; Beispielsammlung ; Volkswirtschaftslehre ; Puzzle ; Paradoxon ; Wirtschaft ; Paradoxon
    Abstract: Economics is full of puzzles and paradoxes that often frustrate and challenge everyone, including economists. This engaging book includes fifty puzzles and focuses on three types of paradox. First, everyday observations that appear to belie common sense (such as, why do some supermarket items sell for more per ounce in larger sizes?). Secondly, those paradoxes which have perplexed economists in the past but have since been fairly resolved (such as, the diamond-water paradox). Finally, empirical or conceptual anomalies that remain unresolved and present a challenge to today's economists (such as the voting paradox). Fifty puzzles and paradoxes are analysed in a clear framework. Examples include: the fairness of market wages, the alleged gold absurdity, Giffin goods and the Irish potato famine, the paradox of thrift, the supposed perversity of Wall Street, the leisure paradox, why the best Washington apples are shipped out of state (the Alchian-Allen theorem), the question of whether teachers are underpaid, whether studying economics makes people immoral and whether war is good for the economy. This original and unusual book will have a wide appeal, ranging from the lay person with an interest in everyday economic puzzles, to the student and teacher wishing to develop their understanding of some of the paradoxes that have existed and continue to exist in economics. It will serve as an ideal source for teachers who want to challenge their students with unusual economic problems
    Description / Table of Contents: Contents: Preface -- Introduction -- Cases and concepts -- 1. The adam smith paradox -- 2. The diamond-water paradox -- 3. The water problem -- 4. The case of the fourth egg -- 5.profiting from pants -- 6. The price of quality -- 7. The rationality and risk puzzle -- 8. Gold's backward wupply curve -- 9. The positive sloping demand curve? -- 10. The leisure paradox -- 11. The price discrimination dilemma -- 12. A hot vacation spot -- 13. The rare case of a giffen good? -- 14. The case of the costly catsup -- 15. The mail order question -- 16. The businessman's query -- 17. Are teachers underpaid? -- 18. The pollution puzzle -- 19. Are market wages fair? -- 20. The highly valued occupation nobody wants -- 21. The stock market puzzler -- 22. Apples and the alchian-allen theorem -- 23. The perfect-market puzzle -- 24. The starvation of buridan's ass -- 25. Does studying economics make one immoral? -- 26. The savers' dilemma -- 27. Keynes's banana plantation -- 28. Producing cars that don't sell -- 29. The feckless forecast and policy purveyor puzzle -- 30. The growing but declining gap puzzle -- 31. The perpetual poverty puzzle -- 32. The paradox of thrift -- 33. The gold absurdity -- 34. The wager over wages -- 35. The voting behaviour puzzle -- 36. The voting paradox -- 37. A taxing debate -- 38.the blessings of destruction -- 39. The interest rate dilemma -- 40. The population puzzler -- 41. The efficiency versus equality puzzle -- 42. The national debt: Asset or liability? -- 43. The leontief paradox -- 44. The perversity of wall street -- Index.
    Note: Includes bibliographical references and index
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