Essays On Disequilibrium Economics
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Essays en Equilibrium and Disequilibrium
Author | : Akio Kagawa |
Publisher | : |
Total Pages | : 186 |
Release | : 1977 |
Genre | : Equilibrium (Economics) |
ISBN | : |
The Fluttering Veil
Author | : Leland B. Yeager |
Publisher | : |
Total Pages | : 0 |
Release | : 1997 |
Genre | : Business & Economics |
ISBN | : 9780865971455 |
Money's unique and essential role in a free market and monetary disequilibrium as the root cause of the business cycle are principles central to the work of economist Leland Yeager. For three decades he has extolled the pre-eminent importance of money as a source of economic fluctuations whose influence goes well beyond mere changes in interest rates or the price level. Yeager's work discloses the disruptive consequences of 'monetary disequilibrium', or an imbalance of money supply and money demand. Consequently, he argues that well-designed monetary arrangements and policies are important to the success of any free-market economic system. Similarly, he insists that defects in the existing monetary arrangements in 'capitalist' countries are manifestly not inherent in capitalism but are 'alterable consequences' of the misguided or even mischievous interventions of government. The eighteen essays address four general topics: Monetary Disequilibrium and Its Consequences; Monetary Misconceptions; Keynesianism and Other Diversions; and Avoiding Monetary Disequilibrium. In his introduction, Professor George Selgin explains why "our understanding of the monetary foundations of a free society owes a great deal to the writings of Leland Yeager."
Equilibrium, Markets and Dynamics
Author | : Cars H. Hommes |
Publisher | : Springer Science & Business Media |
Total Pages | : 344 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 3642561314 |
This book contains essays in honour of Claus Weddepohl who, after 22 years, is retiring as professor of mathematical economics at the Department of Quantitative Economics of the University of Amsterdam. Claus Weddepohl may be viewed as th~ first Dutch mathematical economist in the general equi librium tradition of Arrow, Debreu and Hahn. The essays in this book are centered around the themes Equilibrium, Markets and Dynamics, that have been at the heart of Weddepohl's work on mathematical economics for more than three decades. The essays have been classified according to these three themes. Admittedly such a classification always is somewhat arbitrary, and most essays would in fact fit into two or even all three themes. The essays have been written by international as well as Dutch friends and colleagues including Weddepohl's former Ph. D. students. The book starts with a review of Claus Weddepohl's work by Roald Ramer, who has been working with him in Amsterdam for all those years. The review describes how Weddepohl became fascinated by general equilibrium theory in the early stages of his career, how he has been working on the theory of markets throughout his career, and how he turned to applications of nonlinear dynamics to price adjustment processes in a later stage of his career. The first part of the book, Equilibrium, collects essays with general equilib rium theory as the main theme.
Essays in Disequilibrium Macrodynamics
Author | : Panayotis G. Korliras |
Publisher | : |
Total Pages | : 250 |
Release | : 1972 |
Genre | : Macroeconomics |
ISBN | : |
Essays in Dynamic General Equilibrium Theory
Author | : Alessandro Citanna |
Publisher | : Springer Science & Business Media |
Total Pages | : 296 |
Release | : 2005-01-17 |
Genre | : Business & Economics |
ISBN | : 9783540222675 |
This collection of essays honors David Cass on the 30th anniversary of his joining the faculty of the Department of Economics at the University of Pennsylvania. Prof. Cass’s work has spawned a number of important lines of research in Economics, including the study of dynamic general equilibrium, the concept of sunspot equilibria, and general equilibrium theory when markets are incomplete. These essays, by his students and co-authors, celebrate his work and his influence on the profession.
Essays in Honor of Kenneth J. Arrow: Volume 2, Equilibrium Analysis
Author | : Kenneth Joseph Arrow |
Publisher | : Cambridge University Press |
Total Pages | : 348 |
Release | : 1986-07-25 |
Genre | : Business & Economics |
ISBN | : 9780521304559 |
This second volume of economic theory is divided into sections on general equilibrium and on the microfoundations of macroeconomics.
The Keynesian Recovery and Other Essays
Author | : Peter Howitt |
Publisher | : University of Michigan Press |
Total Pages | : 272 |
Release | : 1990 |
Genre | : Business & Economics |
ISBN | : 9780472102105 |
This volume brings together Howitt's key contributions to the development of macroeconomic theory
Non-Equilibrium Social Science and Policy
Author | : Jeffrey Johnson |
Publisher | : Springer |
Total Pages | : 236 |
Release | : 2017-01-20 |
Genre | : Science |
ISBN | : 3319424246 |
The overall aim of this book, an outcome of the European FP7 FET Open NESS project, is to contribute to the ongoing effort to put the quantitative social sciences on a proper footing for the 21st century. A key focus is economics, and its implications on policy making, where the still dominant traditional approach increasingly struggles to capture the economic realities we observe in the world today - with vested interests getting too often in the way of real advances. Insights into behavioral economics and modern computing techniques have made possible both the integration of larger information sets and the exploration of disequilibrium behavior. The domain-based chapters of this work illustrate how economic theory is the only branch of social sciences which still holds to its old paradigm of an equilibrium science - an assumption that has already been relaxed in all related fields of research in the light of recent advances in complex and dynamical systems theory and related data mining. The other chapters give various takes on policy and decision making in this context. Written in nontechnical style throughout, with a mix of tutorial and essay-like contributions, this book will benefit all researchers, scientists, professionals and practitioners interested in learning about the 'thinking in complexity' to understand how socio-economic systems really work.
Money and Markets
Author | : Robert W. Clower |
Publisher | : CUP Archive |
Total Pages | : 310 |
Release | : 1986-10-31 |
Genre | : Business & Economics |
ISBN | : 9780521335607 |
Robert Clower's influential essays discuss monetary economics and monetary behaviour.