Описание: "This revised second edition of Monetary Policy, Inflation, and the Business Cycle provides a rigorous graduate-level introduction to the New Keynesian framework and its applications to monetary policy. The New Keynesian framework is the workhorse for the analysis of monetary policy and its implications for inflation, economic fluctuations, and welfare. A backbone of the new generation of medium-scale models under development at major central banks and international policy institutions, the framework provides the theoretical underpinnings for the price stability-oriented strategies adopted by most central banks in the industrialized world. Using a canonical version of the New Keynesian model as a reference, Jordi Gali explores various issues pertaining to monetary policy`s design, including optimal monetary policy and the desirability of simple policy rules. He analyzes several extensions of the baseline model, allowing for cost-push shocks, nominal wage rigidities, and open economy factors. In each case, the effects for monetary policy are addressed, with emphasis on the desirability of inflation-targeting policies. New material includes labor and financial market frictions, the zero lower bound on nominal interest rates, and an analysis of unemployment`s significance for monetary policy. The most up-to-date introduction to the New Keynesian framework available A single benchmark model used throughout New materials and exercises included An ideal resource for graduate students, researchers, and market analysts "--
Автор: Arnold, Lutz G. (Professor of Economics, Universit Название: Business Cycle Theory ISBN: 0199256829 ISBN-13(EAN): 9780199256822 Издательство: Oxford Academ Рейтинг: Цена: 7760.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Business cycle theory is a broad and disparate field. This book provides a compact exposition of the main theories since Keynes -- Keynesian economics, monetarism, new classical economics, the real business cycles theory, and new Keynesian economics -- using a unifying mathematical approach.
Автор: Sundaram, Rangarajan K. Название: A First Course in Optimization Theory ISBN: 0521497701 ISBN-13(EAN): 9780521497701 Издательство: Cambridge Academ Рейтинг: Цена: 6811.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This book, first published in 1996, introduces students to optimization theory and its use in economics and allied disciplines.
Автор: Philip E. Mirowski Название: The Birth of the Business Cycle ISBN: 1138858137 ISBN-13(EAN): 9781138858138 Издательство: Taylor&Francis Рейтинг: Цена: 23734.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Discussing economic theory and English economic history from the eighteenth century until the late 1970s this volume discusses among other things fixed capital and problems with the definition of the premodern economy as well as providing a chronology of 18th century business cycles.
Автор: Willi Semmler Название: Business Cycles: Theory and Empirical Methods ISBN: 9401045968 ISBN-13(EAN): 9789401045964 Издательство: Springer Рейтинг: Цена: 27950.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: In macrodynamics and business cycle analysis we find nowadays a variety of approaches elaborating frameworks for studying the fluctuations in economic and financial data. This volume brings together a selection of contributions on theories of the business cycle and new empirical methods and synopsizes the new results.
Автор: Willi Semmler Название: Business Cycles: Theory and Empirical Methods ISBN: 0792394488 ISBN-13(EAN): 9780792394488 Издательство: Springer Рейтинг: Цена: 30606.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: In macrodynamics and business cycle analysis we find nowadays a variety of approaches elaborating frameworks for studying the fluctuations in economic and financial data. This volume brings together a selection of contributions on theories of the business cycle and new empirical methods and synopsizes the new results.
Автор: Pierre-Yves Henin Название: Advances in Business Cycle Research ISBN: 364263365X ISBN-13(EAN): 9783642633652 Издательство: Springer Рейтинг: Цена: 13974.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Models derived from the Real Business Cycle perspective have recently taken a major place in business cycle research.
Автор: Mitsuhiko Iyoda Название: Profits, Wages and Productivity in the Business Cycle ISBN: 0792398688 ISBN-13(EAN): 9780792398684 Издательство: Springer Рейтинг: Цена: 21661.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: The purpose of this text is to explain the changes in specific macroeconomic variables such as the relative share of labour. To explain these changes the author examines three types of theory - Kaldorian theory, the Real Business Cycle theory, and the new Keynesian theory.
Автор: Galor Oded Название: Unified Growth Theory ISBN: 0691130027 ISBN-13(EAN): 9780691130026 Издательство: Wiley Рейтинг: Цена: 12355.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Presents a unified theory of economic growth since the dawn of civilization. This title provides a comprehensive overview of the three phases of the development process. It analyzes the Malthusian theory and its empirical support. It examines theories of demographic transition and their empirical significance.
Автор: Hajime Hori Название: Business Cycle Dynamics and Stabilization Policies ISBN: 9811030804 ISBN-13(EAN): 9789811030802 Издательство: Springer Рейтинг: Цена: 12577.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This monograph is devoted to the analysis of the dynamics of business cycles and stabilization policies. (4) If coordinated properly, monetary stabilization policies can remove the destabilizing tendency of fiscal stabilization policies.
Автор: Laffont Jean-Jacques Название: The Theory of Incentives: The Principal-Agent Model ISBN: 0691091846 ISBN-13(EAN): 9780691091846 Издательство: Wiley Рейтинг: Цена: 6336.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Following a brief historical overview showing how the problem of incentives has come to the fore in the past two centuries, the authors their work to exploring principal-agent models and various extensions thereof in light of three types of information problems: adverse selection, moral hazard, and non-verifiability.
Автор: Bridel, and Dalpont Название: Business cycle theory as a basis for economic policy ISBN: 1138938815 ISBN-13(EAN): 9781138938816 Издательство: Taylor&Francis Рейтинг: Цена: 22968.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание:
This book aims to start a debate on the relationship between economic theory - and more precisely business cycle theory - and economic policy, emphasising the diversity of views on economic policy which characterised older periods, in contrast to the homogeneity of the analysis and diagnosis provided by current business cycles developments.
Since the 1970s, economic theorists excluding any economic policy interventions and favouring strictly supply-side economic policies have gained a growing influence. The development of Equilibrium Business Cycles theories coincides with the collapse, at least in academic circles, of the Keynesian consensus favouring stabilization policies. The alternative approach which emerged was based on an a priori hypothesis about the stability of the economy - or at least on its remarkable ability to stabilize itself. The direct consequence of this approach is that any stabilization objective for economic policy is not only misguided but also inefficient. There are many reasons why Keynesian policies ceased to be dominant in theoretical circles, but the most helpful circumstances for the rapid propagation of a new revolutionary theory is certainly the existence of an established orthodoxy, clearly inconsistent with the most salient facts of reality.
This book offers a sample of different theoretical approaches to business cycles, examining their respective views on economic policy with the objective of understanding business cycles that have been lost, and identifying those views which explain fluctuations and the way we conceive economic policy. This book was originally published as a special issue of The European Journal of the History of Economic Thought.
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