Three Essays in Dynamic Open-economy Macroeconomics
Author | : Peter Michael Summers |
Publisher | : |
Total Pages | : 152 |
Release | : 1993 |
Genre | : Debts, External |
ISBN | : |
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Author | : Peter Michael Summers |
Publisher | : |
Total Pages | : 152 |
Release | : 1993 |
Genre | : Debts, External |
ISBN | : |
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 | : Tjalling C. Koopmans |
Publisher | : Martino Fine Books |
Total Pages | : 244 |
Release | : 2013-01 |
Genre | : Business & Economics |
ISBN | : 9781614273868 |
2012 Reprint of 1957 Edition. Exact facsimile of the original edition, not reproduced with Optical Recognition Software. Tjalling Charles Koopmans (1910 - 1985) was the joint winner, with Leonid Kantorovich, of the 1975 Nobel Memorial Prize in Economic Sciences. In 1944 Koopmans joined the Cowles Commission for Research in Economics at the University of Chicago, where he extended his technique to a wide variety of economic problems. When the commission was relocated to Yale University in 1955, Koopmans moved with it, becoming professor of economics at Yale. He wrote a widely read book on the methodology of economic analysis, "Three Essays on the State of Economic Science" in 1957. Essays are: Allocation of Resources and the Price System The Construction of Economic Knowledge The Interaction of Tools and Problems in Economics
Author | : Samuel A. Chambers |
Publisher | : punctum books |
Total Pages | : 168 |
Release | : 2018 |
Genre | : Business & Economics |
ISBN | : 1947447890 |
Every Economics textbook today teaches that questions of values and morality lie outside of, are in fact excluded from, the field of Economics and its proper domain of study, "the economy." Yet the dominant cultural and media narrative in response to major economic crisis is almost always one of moral outrage. How do we reconcile this tension or explain this paradox by which Economics seems to have both everything and nothing to do with values? The discipline of modern economics hypostatizes and continually reifies a domain it calls "the economy"; only this epistemic practice makes it possible to falsely separate the question of value from the broader inquiry into the economic. And only if we have first eliminated value from the domain of economics can we then transform stories of financial crisis or massive corporate corruption into simple tales of ethics. But if economic forces establish, transform, and maintain relations of value then it proves impossible to separate economics from questions of value, because value relations only come to be in the world by way of economic logics. This means that the "positive economics" spoken of so fondly in the textbooks is nothing more than a contradiction in terms, and as this book demonstrates, there's no such thing as "the economy." To grasp the basic logic of capital is to bring into view the unbreakable link between economics and value.
Author | : R. H. Coase |
Publisher | : University of Chicago Press |
Total Pages | : 234 |
Release | : 1994 |
Genre | : Biography & Autobiography |
ISBN | : 9780226111032 |
How do economists tackle the problems of the economic system and give advice on public policy? Nobel laureate R.H. Coase reflects on some of the most fundamental concerns of economists over the past two centuries. In 15 essays, Coase explore the history and philosophy of economics and evaluates the contributions of a number of outstanding figures.
Author | : Frank Hahn |
Publisher | : MIT Press |
Total Pages | : 174 |
Release | : 1997 |
Genre | : Business & Economics |
ISBN | : 9780262581547 |
In the early 1980s, rational expectations and new classical economics dominated macroeconomic theory. This essay evolved from theauthors' profound disagreement with that trend. It demonstrates notonly how the new classical view got macroeconomics wrong, but also howto go about doing macroeconomics the right way.
Author | : Angus Maddison |
Publisher | : Oxford University Press |
Total Pages | : 433 |
Release | : 2007-09-20 |
Genre | : Business & Economics |
ISBN | : 0199227217 |
This book seeks to identify the forces which explain how and why some parts of the world have grown rich and others have lagged behind. Encompassing 2000 years of history, part 1 begins with the Roman Empire and explores the key factors that have influenced economic development in Africa,Asia, the Americas and Europe. Part 2 covers the development of macroeconomic tools of analysis from the 17th century to the present. Part 3 looks to the future and considers what the shape of the world economy might be in 2030. Combining both the close quantitative analysis for which ProfessorMaddison is famous with a more qualitative approach that takes into account the complexity of the forces at work, this book provides students and all interested readers with a totally fascinating overview of world economic history. Professor Maddison has the unique ability to synthesise vast amountsof information into a clear narrative flow that entertains as well as informs, making this text an invaluable resource for all students and scholars, and anyone interested in trying to understand why some parts of the World are so much richer than others.
Author | : William C. Brainard |
Publisher | : MIT Press |
Total Pages | : 392 |
Release | : 1991 |
Genre | : Business & Economics |
ISBN | : 9780262023252 |
These original contributions celebrate and extend Tobin's contributions to macroeconomics, international economics, finance, and economic policy.
Author | : Richard Langlois |
Publisher | : CUP Archive |
Total Pages | : 292 |
Release | : 1986 |
Genre | : Business & Economics |
ISBN | : 9780521378598 |
Consists of original and rev. versions of papers presented at a conference at Airlie House in Virginia, Mar. 1983. Includes bibliographies and index.
Author | : Shibeshi Ghebre Kahsay |
Publisher | : |
Total Pages | : 298 |
Release | : 2004 |
Genre | : Capital movements |
ISBN | : |