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Holy grail of macroeconomics, Koo, Richard C.

Автор: Koo, Richard C.
Название:  Holy grail of macroeconomics   (Святой Грааль макроэкономики)
Издательство: Wiley
Классификация:
Экономика

ISBN: 0470824948
ISBN-13(EAN): 9780470824948
ISBN: 0-470-82494-8
ISBN-13(EAN): 978-0-470-82494-8
Обложка/Формат: Paperback
Страницы: 356
Вес: 0.468 кг.
Дата издания: 13.07.2009
Язык: ENG
Издание: Rev ed
Иллюстрации: Illustrations
Размер: 22.66 x 15.44 x 2.92 cm
Читательская аудитория: Professional & vocational
Подзаголовок: Lessons from japan`s great recession
Ссылка на Издательство: Link
Рейтинг:
Поставляется из: Англии
Описание: The revised edition of this highly acclaimed work presents crucial lessons from Japan`s recession that could aid the US and other economies as they struggle to recover from the current financial crisis. This book is about Japan`s 15-year long recession and how it affected current theoretical thinking about its causes and cures.

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The Holy Grail of Macro Economics - Lessons from Japan`s Great Recession

Автор: Koo
Название: The Holy Grail of Macro Economics - Lessons from Japan`s Great Recession
ISBN: 0470823879 ISBN-13(EAN): 9780470823873
Издательство: Wiley
Цена: 2056 р.
Наличие на складе: Поставка под заказ.
Описание: Japan's 'Great Recession' lasted from approximately 1992-2007 and finally provided the economics profession with the necessary background to understand what actually happened during the US recession of the 1930s. The discoveries made, however, are so far-reaching that a large portion of economics literature will have to be modified to accommodate another half to the macro economic spectrum of possibilities that conventional theorists have overlooked. In particular, Japan's Great Recession showed that when faced with a massive fall in asset prices, companies typically jettison the conventional goal of profit maximization and move to minimize debt in order to restore their credit ratings.

This shift in corporate priority, however, has huge theoretical as well as practical implications and opens up a whole new field of study.For example, the new insight can explain fully the precise mechanism of prolonged depression and liquidity trap which conventional economics - based on corporate profit maximization - has so far failed to offer as a convincing explanation. The author developed the idea of yin and yang business cycles where the conventional world of profit maximization is the yang and the world of balance sheet recession, where companies are minimizing debt, is the yin. Once so divided, many varied theories developed in macro economics since the 1930s can be nicely categorized into a single comprehensive theory, i.e., the Holy Grail of macro economics.The policy implication of this new discovery is immense in that the conventional aversion to fiscal policy in favor of monetary policy will have to be completely reversed when the economy is in the yin phase.

The theoretical implications are also immense in the sense that the economics profession will no longer have to rely so much on various rigidities to explain recessions that have become the standard practice within the so-called New Keynesian economics of the last twenty years.

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International Macroeconomics

Автор: Feenstra Robert C
Название: International Macroeconomics
ISBN: 1429278439 ISBN-13(EAN): 9781429278430
Издательство: Springer
Рейтинг:
Цена: 6159 р.
Наличие на складе: Нет в наличии.

Описание: Feenstra/Taylor offers the right amount of book for your course. International Macroeconomics is available as a separate volume for the international finance module. The text seamlessly integrates established core content with topic areas and ideas that have emerged from recent empirical studies.

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Study Guide for Macroeconomics 8 ed.

Автор: N. Gregory Mankiw, Roger Kaufman
Название: Study Guide for Macroeconomics 8 ed.
ISBN: 146410493X ISBN-13(EAN): 9781464104930
Издательство: Palgrave
Цена: 2793 р.
Наличие на складе: Есть у поставщика Поставка под заказ.

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Advanced Macroeconomics 4 edition

Автор: Romer David
Название: Advanced Macroeconomics 4 edition
ISBN: 0073511374 ISBN-13(EAN): 9780073511375
Издательство: McGraw-Hill
Рейтинг:
Цена: 3833 р.
Наличие на складе: Есть у поставщика Поставка под заказ.

Описание: David Romer`s Advanced Macroeconomics, 4e, continues its tradition as the standard text and the starting point for graduate macroeconomic courses and helps lay the groundwork for students to begin doing research in macroeconomics and monetary economics. This well-respected and well-known text is unique in the marketplace.

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5 Steps To A 5 Ap Macroeconomics 2014-2015

Автор: Dodge
Название: 5 Steps To A 5 Ap Macroeconomics 2014-2015
ISBN: 0071803084 ISBN-13(EAN): 9780071803083
Издательство: McGraw-Hill
Цена: 1308 р.
Наличие на складе: Поставка под заказ.

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Applied Intermediate Macroeconomics

Автор: Hoover
Название: Applied Intermediate Macroeconomics
ISBN: 1107436826 ISBN-13(EAN): 9781107436824
Издательство: Cambridge Academ
Рейтинг:
Цена: 3072 р.
Наличие на складе: Есть у поставщика Поставка под заказ.

Описание: A complete course in applied macroeconomics at the intermediate level that emphasizes the application of economic theory to real-world data and policy.

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Lectures on macroeconomics

Автор: Blanchard, Olivier Jean Fischer, Stanley
Название: Lectures on macroeconomics
ISBN: 0262022834 ISBN-13(EAN): 9780262022835
Издательство: Wiley
Рейтинг:
Цена: 4857 р.
Наличие на складе: Есть у поставщика Поставка под заказ.

Описание: A text for graduate students with some background in macroeconomics, statistics, and econometrics. Describes and evaluates theories to explain fluctuations in the persistent long-term growth of modern economies, as detected in variations of output, unemployment, and movement of prices. Both authors

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Rethinking Expectations: The Way Forward for Macroeconomics

Автор: Frydman Roman, Phelps Edmund S.
Название: Rethinking Expectations: The Way Forward for Macroeconomics
ISBN: 0691155232 ISBN-13(EAN): 9780691155234
Издательство: Wiley
Рейтинг:
Цена: 3268 р.
Наличие на складе: Поставка под заказ.

Описание:

This book originated from a 2010 conference marking the fortieth anniversary of the publication of the landmark "Phelps volume," Microeconomic Foundations of Employment and Inflation Theory, a book that is often credited with pioneering the currently dominant approach to macroeconomic analysis. However, in their provocative introductory essay, Roman Frydman and Edmund Phelps argue that the vast majority of macroeconomic and finance models developed over the last four decades derailed, rather than built on, the Phelps volume's "microfoundations" approach. Whereas the contributors to the 1970 volume recognized the fundamental importance of according market participants' expectations an autonomous role, contemporary models rely on the rational expectations hypothesis (REH), which rules out such a role by design.

The financial crisis that began in 2007, preceded by a spectacular boom and bust in asset prices that REH models implied could never happen, has spurred a quest for fresh approaches to macroeconomic analysis. While the alternatives to REH presented in Rethinking Expectations differ from the approach taken in the original Phelps volume, they are notable for returning to its major theme: understanding aggregate outcomes requires according expectations an autonomous role. In the introductory essay, Frydman and Phelps interpret the various efforts to reconstruct the field--some of which promise to chart its direction for decades to come.

The contributors include Philippe Aghion, Sheila Dow, George W. Evans, Roger E. A. Farmer, Roman Frydman, Michael D. Goldberg, Roger Guesnerie, Seppo Honkapohja, Katarina Juselius, Enisse Kharroubi, Blake LeBaron, Edmund S. Phelps, John B. Taylor, Michael Woodford, and Gylfi Zoega.

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Macroeconomics: Institutions, Instability and the Financial System

Автор: Carlin, Wendy; Soskice, David
Название: Macroeconomics: Institutions, Instability and the Financial System
ISBN: 0199655790 ISBN-13(EAN): 9780199655793
Издательство: Oxford Academ
Рейтинг:
Цена: 4655 р.
Наличие на складе: Есть у поставщика Поставка под заказ.

Описание: Carlin and Soskice integrate the financial system with a model of the macro-economy. In doing this, they take account of the gaps in the mainstream model exposed by the financial crisis and the Eurozone crisis. This equips the reader with a realistic modelling framework to analyse the economy both in crisis times and in periods of stability.

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NBER MACROECONOMICS ANNUAL 2013

Автор: JONATHAN A. PARKER
Название: NBER MACROECONOMICS ANNUAL 2013
ISBN: 022616540X ISBN-13(EAN): 9780226165400
Издательство: Wiley
Рейтинг:
Цена: 5891 р.
Наличие на складе: Поставка под заказ.

Описание: Includes two papers that tackle fiscal and monetary policy, asking how interest rates and inflation can remain low despite fiscal policy behavior that appears inconsistent with a monetary policy regime focused only on inflation and output and not on fiscal balances.

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Handbook of Macroeconomics vol. 2A-2B SET

Автор: Taylor, John B.
Название: Handbook of Macroeconomics vol. 2A-2B SET
ISBN: 0444594876 ISBN-13(EAN): 9780444594877
Издательство: Elsevier Science
Рейтинг:
Цена: 18919 р.
Наличие на складе: Есть у поставщика Поставка под заказ.

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The Holy Grail of Macro Economics - Lessons from Japan`s Great Recession

Автор: Koo
Название: The Holy Grail of Macro Economics - Lessons from Japan`s Great Recession
ISBN: 0470823879 ISBN-13(EAN): 9780470823873
Издательство: Wiley
Рейтинг:
Цена: 2056 р.
Наличие на складе: Поставка под заказ.

Описание: Japan's 'Great Recession' lasted from approximately 1992-2007 and finally provided the economics profession with the necessary background to understand what actually happened during the US recession of the 1930s. The discoveries made, however, are so far-reaching that a large portion of economics literature will have to be modified to accommodate another half to the macro economic spectrum of possibilities that conventional theorists have overlooked. In particular, Japan's Great Recession showed that when faced with a massive fall in asset prices, companies typically jettison the conventional goal of profit maximization and move to minimize debt in order to restore their credit ratings.

This shift in corporate priority, however, has huge theoretical as well as practical implications and opens up a whole new field of study.For example, the new insight can explain fully the precise mechanism of prolonged depression and liquidity trap which conventional economics - based on corporate profit maximization - has so far failed to offer as a convincing explanation. The author developed the idea of yin and yang business cycles where the conventional world of profit maximization is the yang and the world of balance sheet recession, where companies are minimizing debt, is the yin. Once so divided, many varied theories developed in macro economics since the 1930s can be nicely categorized into a single comprehensive theory, i.e., the Holy Grail of macro economics.The policy implication of this new discovery is immense in that the conventional aversion to fiscal policy in favor of monetary policy will have to be completely reversed when the economy is in the yin phase.

The theoretical implications are also immense in the sense that the economics profession will no longer have to rely so much on various rigidities to explain recessions that have become the standard practice within the so-called New Keynesian economics of the last twenty years.

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Foley grail

Автор: Theme Ament, Vanessa
Название: Foley grail
ISBN: 0240811259 ISBN-13(EAN): 9780240811253
Издательство: Taylor&Francis
Рейтинг:
Цена: 2430 р.
Наличие на складе: Поставка под заказ.

Описание: Helps to create custom sound effects that are the mainstay of soundtracks for films, broadcast, animation and games. This title also helps to earn how Foley is designed, crafted and edited for any project - right down to the nuts and bolts of spotting, cueing, and performing sounds.

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