Monetary Macrodynamics

Monetary Macrodynamics
Author: Toichiro Asada
Publisher: Routledge
Total Pages: 449
Release: 2012-11-12
Genre: Business & Economics
ISBN: 1135272328

This book investigates the interaction of effective goods demand with the wage-price spiral, and the impact of monetary policy on financial and the real markets from a Keynesian perspective. Endogenous business fluctuations are studied in the context of long-run distributive cycles in an advanced, rigorously formulated and quantitative setup. The material is developed by way of self-contained chapters on three levels of generality, an advanced textbook level, a research-oriented applied level and on a third level that shows how the interaction of real with financial markets has to be modelled from a truly integrative Keynesian perspective. Monetary Macrodynamics shows that the balanced growth path of a capitalist economy is unlikely to be attracting and that the cumulative forces that surround it are controlled in the large by changes in the behavioural factors that drive the wage-price spiral and the financial markets. Such behavioural changes can in fact be observed in actual economies in the interaction of demand-driven business fluctuations with supply-driven wage and price dynamics as they originate from the conflict over income distribution between capital and labour. The book is a detailed critique of US mainstream macroeconomics and uses rigorous dynamic macro-models of a descriptive and applicable nature. It will be of particular relevance to postgraduate students and researchers interested in disequilibrium processes, real wage feedback channels, financial markets and portfolio choice, financial accelerator mechanisms and monetary policy.

Incompetency and Competency Training

Incompetency and Competency Training
Author: Arch Woodside
Publisher: Springer
Total Pages: 287
Release: 2016-07-14
Genre: Business & Economics
ISBN: 3319391089

This book covers theory and practice of competency and incompetency training. ‘Incompetency training’ includes formal and informal instruction that consciously (purposively) or unconsciously imparts knowledge, attitudes, beliefs, and behavior (including procedures) that are useless, inaccurate, misleading, and/or will lower performance outcomes of the trainee versus no training or training using alternative training methods. This book offers an early workbench model of incompetency training theory which proposes that executives and associates in firms, academia, and government organizations consciously as well as unknowingly offer incompetency training in many contexts. The evidence so far has shown that increasing trainees' vigilance and ability to recognize exposure to incompetency-training may help trainees to decrease the effectiveness (impact) of exposures to incompetency training—advancing incompetency training theory and knowledge of incompetency training practice may be necessary conditions for remedying negative outcomes that follow from trainees receiving such training. The book uses a series of laboratory experiments to elicit on tools advocated in the literature as aids in increasing incompetency and/or competency, and provides a comprehensive review of the literature on (in)competency training.

Applied International Trade

Applied International Trade
Author: Harry P. Bowen
Publisher: Bloomsbury Publishing
Total Pages: 568
Release: 2017-09-15
Genre: Business & Economics
ISBN: 1137015519

This thoroughly revised second edition of Applied International Trade presents the leading theoretical and applied methods used in the field of international trade. It highlights the importance of linking theory to data and of verifying theoretical predictions through empirical investigation. The book also draws out and highlights the theoretical and policy implications that arise from empirical findings. Features of the second edition include: ? Expanded focus on emerging topics such as firm heterogeneity, intrafirm trade, and the basis and structure of multinational production ? Increased coverage of gravity models and international factor movements, including labor migration ? Fully updated presentation and discussion of the most recent empirical findings, data methods and sources Rigorous and analytical, yet written in an accessible manner with ample use of graphs throughout, Applied International Trade is an ideal text for courses at advanced undergraduate and masters level. For instructors: A companion website is available at www.palgrave.com/economics/AIT2, comprising lecture slides and an Instructor's Manual with solutions to end-of-chapter problems.

The Political Economy of Migration and Post-industrialising Australia

The Political Economy of Migration and Post-industrialising Australia
Author: Patrick Brownlee
Publisher: Taylor & Francis
Total Pages: 199
Release: 2020-08-31
Genre: Social Science
ISBN: 1000093794

During the 1980s and 1990s, Australia’s migration intake turned rapidly towards recruiting business professionals, managers and entrepreneurs to support the country’s entry into an economic system marked by global value chains. This book analyses the policy idea termed Productive Diversity, introduced by the Australian government as a way of conceptualising the belief that migrants would bring business acumen and a global outlook to help Australia compete as a trading nation. The book examines this germinal period of Australia’s economic reorientation through a close inspection of policy documents, parliamentary hearings, economic and migration statistics, and interviews with the architects of the policy. It provides a comprehensive account of how the policy framework emerged, how it was implemented, and studies the rationale in recruiting self-starters and managers to connect with global trade flows. This work will be of interest to students and researchers of migration studies, especially Australian migration, diversity policies, sociology, multiculturalism, economics, development studies, and Asia-Pacific studies. The methods and data will also be of value to political economists and policy makers.