Three Essays In Monetary Economics
Download Three Essays In Monetary Economics full books in PDF, epub, and Kindle. Read online free Three Essays In Monetary Economics ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
| Author | : Martin Shubik |
| Publisher | : MIT Press |
| Total Pages | : 472 |
| Release | : 1999 |
| Genre | : Business & Economics |
| ISBN | : 9780262693110 |
This first volume in a three-volume exposition of Shubik's vision of "mathematical institutional economics" explores a one-period approach to economic exchange with money, debt, and bankruptcy. This is the first volume in a three-volume exposition of Martin Shubik's vision of "mathematical institutional economics"--a term he coined in 1959 to describe the theoretical underpinnings needed for the construction of an economic dynamics. The goal is to develop a process-oriented theory of money and financial institutions that reconciles micro- and macroeconomics, using as a prime tool the theory of games in strategic and extensive form. The approach involves a search for minimal financial institutions that appear as a logical, technological, and institutional necessity, as part of the "rules of the game." Money and financial institutions are assumed to be the basic elements of the network that transmits the sociopolitical imperatives to the economy. Volume 1 deals with a one-period approach to economic exchange with money, debt, and bankruptcy. Volume 2 explores the new economic features that arise when we consider multi-period finite and infinite horizon economies. Volume 3 will consider the specific role of financial institutions and government, and formulate the economic financial control problem linking micro- and macroeconomics.
| Author | : Shiu-Sheng Chen |
| Publisher | : |
| Total Pages | : 174 |
| Release | : 2004 |
| Genre | : |
| ISBN | : |
| Author | : Ludwig Van den Hauwe |
| Publisher | : BoD – Books on Demand |
| Total Pages | : 188 |
| Release | : 2009 |
| Genre | : Monetary policy |
| ISBN | : 2810602212 |
Recent events in international financial markets have revived the scientific interest in conceivable institutional alternatives to prevailing monetary arrangements. In the essays reprinted in this book, the author critically examines some of the more influential arguments which have been made in favour of decentralization in banking.
| Author | : Ben S. Bernanke |
| Publisher | : Princeton University Press |
| Total Pages | : 321 |
| Release | : 2009-01-10 |
| Genre | : Business & Economics |
| ISBN | : 1400820278 |
From the Nobel Prize–winning economist and former chair of the U.S. Federal Reserve, a landmark book that provides vital lessons for understanding financial crises and their sometimes-catastrophic economic effects As chair of the U.S. Federal Reserve during the Global Financial Crisis, Ben Bernanke helped avert a greater financial disaster than the Great Depression. And he did so by drawing directly on what he had learned from years of studying the causes of the economic catastrophe of the 1930s—work for which he was later awarded the Nobel Prize. This influential work is collected in Essays on the Great Depression, an important account of the origins of the Depression and the economic lessons it teaches.
| Author | : Harry Johnson |
| Publisher | : Routledge |
| Total Pages | : 341 |
| Release | : 2013-07-18 |
| Genre | : Business & Economics |
| ISBN | : 1134623569 |
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.
| Author | : Kyuil Chung |
| Publisher | : |
| Total Pages | : 228 |
| Release | : 2005 |
| Genre | : |
| ISBN | : |
| Author | : C. Fred Bergsten |
| Publisher | : Peterson Institute |
| Total Pages | : 248 |
| Release | : 2012-11-15 |
| Genre | : Biography & Autobiography |
| ISBN | : 0881326623 |
Over five decades, John Williamson has written across an extraordinarily broad set of topics in international economics ranging from international monetary economics to development policy. The arc of his scholarship follows the main preoccupations of international economists during the second half of the 20th century and the first decade of the 21st. Bridging the scholarly literature and policy debates, his publications on the Washington Consensus, exchange rate policy, and international monetary reform have profoundly influenced public discourse, government policy, and the evolution of the economics discipline. As John marked his 75th birthday, his friends and colleagues prepared this collection of essays to celebrate these many contributions and reflect on their relevance to the challenges that confront the world economy in the wake of the 2008 09 global financial crisis and its current aftermath in Europe.
| Author | : Iván Blanco |
| Publisher | : Ed. Universidad de Cantabria |
| Total Pages | : 90 |
| Release | : 2019-02-15 |
| Genre | : Business & Economics |
| ISBN | : 8481028770 |
Do financial derivatives enhance or impede innovation? We aim to answer this question by examining the relationship between equity options markets and standard measures of firm innovation. Our baseline results show that firms with more options trading activity generate more patents and patent citations per dollar of R&D invested. We then investigate how more active options markets affect firms' innovation strategy. Our results suggest that firms with greater trading activity pursue a more creative, diverse and risky innovation strategy. We discuss potential underlying mechanisms and show that options appear to mitigate managerial career concerns that would induce managers to take actions that boost short-term performance measures. Finally, using several econometric specifications that try to account for the potential endogeneity of options trading, we argue that the positive effect of options trading on firm innovation is causal.
| Author | : John Marcus Fleming |
| Publisher | : Cambridge : Harvard University Press |
| Total Pages | : 368 |
| Release | : 1971 |
| Genre | : Business & Economics |
| ISBN | : |
This book is concerned with the application of economic theory to problems of international economic policy. For most of his life the author has been employed as a national or international official in London and Washington, in makers of economic policy.
| Author | : John Smithin |
| Publisher | : World Scientific Publishing Company |
| Total Pages | : 341 |
| Release | : 2013-06-27 |
| Genre | : Business & Economics |
| ISBN | : 9814525294 |
This book provides a comprehensive overview, in the form of eight long essays, of the evolution of monetary theory over the three-quarters of century, from the time of Keynes to the present day. The essays are originally based on lecture notes from a graduate course on Advanced Monetary Economics offered at York University, Toronto, written in the style of academic papers. The essays are mathematical in method — but also take a historical perspective, tracing the evolution of monetary thought through the Keynesian model, the monetarist model, new classical model, etc, up to and including the neo-Wickesellian models of the early 21st century. The book will be an essential resource for both graduate and advanced undergraduate students in economics, as well as for individual researchers seeking basic information on the theoretical background of contemporary debates.
