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Author : Dmitriy L. Stolyarov
Release : 1999
Genre :
Kind : eBook
Book Rating : /5 ( reviews)
Book Synopsis Essays on the Microeconomic Foundations of Macroeconomic Behavior by : Dmitriy L. Stolyarov
Download or read book Essays on the Microeconomic Foundations of Macroeconomic Behavior written by Dmitriy L. Stolyarov. This book was released on 1999. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Ho-mou Wu
Release : 1982
Genre : Macroeconomics
Kind : eBook
Book Rating : /5 ( reviews)
Book Synopsis Essays on the Microeconomic Foundations of Macroeconomics by : Ho-mou Wu
Download or read book Essays on the Microeconomic Foundations of Macroeconomics written by Ho-mou Wu. This book was released on 1982. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Frank H. Hahn
Release : 1998-04-08
Genre : Business & Economics
Kind : eBook
Book Rating : 898/5 ( reviews)
Book Synopsis A Critical Essay on Modern Macroeconomic Theory by : Frank H. Hahn
Download or read book A Critical Essay on Modern Macroeconomic Theory written by Frank H. Hahn. This book was released on 1998-04-08. Available in PDF, EPUB and Kindle. Book excerpt: Macroeconomics began as the study of large-scale economic pathologies such as prolonged depression, mass unemployment and persistent inflation. In the early 1980s rational expectations and new classical economics dominated macroeconomic theory, with the result that such pathologies can hardly be discussed within the vocabulary of the theory. This book evolved from the authors' profound disagreement with that trend. It demonstrates not only how the new classical view got macroeconomics wrong, but how to go about doing macroeconomics the right way. Following an explanation of microeconomic foundations, chapters introduce the basic elements for a better macro-model. The model is simple, but combined with the appropriate model of the labor market it can say useful things about the fluctuation of employment, the correlation between wages and employment, and the role for corrective monetary policy.
Author : Akio Matsumoto
Release : 2016-09-22
Genre : Business & Economics
Kind : eBook
Book Rating : 21X/5 ( reviews)
Book Synopsis Essays in Economic Dynamics by : Akio Matsumoto
Download or read book Essays in Economic Dynamics written by Akio Matsumoto. This book was released on 2016-09-22. Available in PDF, EPUB and Kindle. Book excerpt: This book reflects the state of the art in nonlinear economic dynamics, providing a broad overview of dynamic economic models at different levels. The wide variety of approaches ranges from theoretical and simulation analysis to methodological study. In particular, it examines the local and global asymptotical behavior of both macro- and micro- level mathematical models, theoretically as well as using simulation. It also focuses on systems with one or more time delays for which new methodology has to be developed to investigate their asymptotic properties. The book offers a comprehensive summary of the existing methodology with extensions to the more complex model variants, since considerations on bounded rationality of complex economic behavior provide the foundation underlying choice-theoretic and policy-oriented studies of macro behavior, which impact the real macro economy. It includes 13 chapters addressing traditional models such as monopoly, duopoly and oligopoly in microeconomics and Keynesian, Goodwinian, and Kaldor–Kaleckian models in macroeconomics. Each chapter presents new aspects of these traditional models that have never been seen before. This work renews the past wisdom and reveals tomorrow's knowledge.
Author : Frank Ramsey Professor of Economics Partha Dasgupta
Release : 2014-05-14
Genre : Economics
Kind : eBook
Book Rating : 202/5 ( reviews)
Book Synopsis Economic Analysis of Markets and Games by : Frank Ramsey Professor of Economics Partha Dasgupta
Download or read book Economic Analysis of Markets and Games written by Frank Ramsey Professor of Economics Partha Dasgupta. This book was released on 2014-05-14. Available in PDF, EPUB and Kindle. Book excerpt: These original essays focus on a wide range of topics related to Frank Hahn's distinguished work in economics. Ranging from market analysis and game theory to the microeconomic foundations of macroeconomics and from equilibrium and optimality with missing markets to economics and society, they reflect the diversity of modem research in economic theory. What distinguishes Hahn's work and many of the essays in this book is that the motivation often comes from practical concerns about unemployment, savings and investment, poverty, or the stability of markets.The essays in Part I deal with the microeconomic foundations of macroeconomics - a field in which Hahn has made important contributions, most notably in the theory of monetary economics. Topics include an evaluation of Hahn's contribution to the theory of distribution and such macroeconomic themes as coordination failure, multiple equilibria, and strategic issues.Part II contains recent contributions to game theory reflecting Hahn's interest in the question of what is rational behavior. The essays in Part III concentrate on general-equilibrium theory with missing markets, a field in which Hahn has made major advances. Although the essays address a different set of issues, they share with Hahn's works such themes as market failure, indeterminacy of equilibrium, and the role of money.Partha Dasgupta is Professor of Economics at Cambridge University. Douglas Gale is Professor of Economics at Boston University. Oliver Hart is Professor of Economics at the Massachusetts Institute of Technology. Eric Maskin is Professor of Economics at Harvard University.
