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Author : Tyler Cowen
Release : 1994
Genre :
Kind : eBook
Book Rating : /5 ( reviews)
Book Synopsis Explorations in the New Monetary Economics by : Tyler Cowen
Download or read book Explorations in the New Monetary Economics written by Tyler Cowen. This book was released on 1994. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Tyler Cowen
Release : 1994-02-07
Genre :
Kind : eBook
Book Rating : 712/5 ( reviews)
Book Synopsis Explorations in the New Monetary Economics by : Tyler Cowen
Download or read book Explorations in the New Monetary Economics written by Tyler Cowen. This book was released on 1994-02-07. Available in PDF, EPUB and Kindle. Book excerpt: This book, for students and specialists in Monetary Economics, is the first systematic examination of monetary economics from a new monetary economics viewpoint - one in which markets provide financial services without recourse to traditional concepts of money.
Author : Mr.Olivier J. Blanchard
Release : 2015-11-06
Genre : Business & Economics
Kind : eBook
Book Rating : 839/5 ( reviews)
Book Synopsis Inflation and Activity – Two Explorations and their Monetary Policy Implications by : Mr.Olivier J. Blanchard
Download or read book Inflation and Activity – Two Explorations and their Monetary Policy Implications written by Mr.Olivier J. Blanchard. This book was released on 2015-11-06. Available in PDF, EPUB and Kindle. Book excerpt: We explore two issues triggered by the crisis. First, in most advanced countries, output remains far below the pre-recession trend, suggesting hysteresis. Second, while inflation has decreased, it has decreased less than anticipated, suggesting a breakdown of the relation between inflation and activity. To examine the first, we look at 122 recessions over the past 50 years in 23 countries. We find that a high proportion of them have been followed by lower output or even lower growth. To examine the second, we estimate a Phillips curve relation over the past 50 years for 20 countries. We find that the effect of unemployment on inflation, for given expected inflation, decreased until the early 1990s, but has remained roughly stable since then. We draw implications of our findings for monetary policy.
Author : Roger E. Backhouse
Release : 2012-10-12
Genre : Business & Economics
Kind : eBook
Book Rating : 057/5 ( reviews)
Book Synopsis Interpreting Macroeconomics by : Roger E. Backhouse
Download or read book Interpreting Macroeconomics written by Roger E. Backhouse. This book was released on 2012-10-12. Available in PDF, EPUB and Kindle. Book excerpt: Interpreting Macroeconomics explores a variety of different approaches to macroeconomic thought. The book considers a number of historiographical and methodological positions, as well as analyzing various important episodes in the development of macroeconomics, before during and after the Keynesian revolution. Roger Backhouse shows that the full richness of these developments can only by brought out by approaches which blend both relativism and absolutism, and historical and rational reconstructions. Examples discussed include Hobson, Keynes and Friedman.
Author : Harry G. Johnson
Release : 2013-07-18
Genre : Business & Economics
Kind : eBook
Book Rating : 631/5 ( reviews)
Book Synopsis Essays in Monetary Economics (Collected Works of Harry Johnson) by : Harry G. Johnson
Download or read book Essays in Monetary Economics (Collected Works of Harry Johnson) written by Harry G. Johnson. This book was released on 2013-07-18. Available in PDF, EPUB and Kindle. Book excerpt: Reprinting the second edition (which included a new introduction explaining developments which had emerged since first publication) this book discusses explorations in the fundamental theory of a monetary economy, a theoretical critique of the ‘Phillips Curve’ approach to the theory of inflation and the theory of the term structure of interest rates in terms of the theory of forward markets pioneered by David Meiselman.
