Showing 1 - 10 of 414
examines the role of demand with respect to the theory of structural change and the theory of consumption at both the micro and …The theme of this extensive book is the relationship between consumption and growth in the context of the long run … theory of effective demand. Taking Schumpeter's views on economic development as a starting point, the author proposes an …
Persistent link: https://www.econbiz.de/10014474127
1. Introduction -- Part I: basic concepts -- 2. Piketty's contribution -- 3. Measurement -- 4. Inequality and aggregate demand -- Part II: endogenous dynamics and instability -- 5. Aggregate demand, growth and instability -- 6. Wealth, public debt and instability -- 7. Recursive workhorses --...
Persistent link: https://www.econbiz.de/10012419908
issues connected with growth theory considered from different theoretical perspectives. Its uniqueness is derived from the … classical tradition, modern theory, and heterodox models; problems of policy; dynamics and business cycles; and the role of … scholars of the theory of economic growth, the theory of distribution, macroeconomics, classical and Keynesian economics, as …
Persistent link: https://www.econbiz.de/10014473998
One of the unforeseen consequences of the WTO agreements has been controversy over risk. This volume explores aspects … of risk with special reference to the WTO, where national instruments to reduce risk may conflict with international … trade rules. The book is divided into sections dealing with: accounting for risk in trade agreements; risk and the WTO …
Persistent link: https://www.econbiz.de/10011851983
Edition, McGraw-Hill. -- Lando, D. (2004), Credit Risk Modeling: Theory and Applications, Princeton University Press … Unknowable in Financial Risk Management: Measurement and Theory Advancing Practice, Chapter 1, Princeton, NJ: Princeton …-91 -- William F. Sharpe (1964), 'Capital Asset Prices: A Theory of Market Equilibrium under Conditions of Risk', Journal of Finance …
Persistent link: https://www.econbiz.de/10011852322
Recently there has been a resurgence of interest in the study of optimal monetary policy under uncertainty. This book provides a thorough survey of the literature that has resulted from this renewed interest. The authors ground recent contributions on the 'science of monetary policy' in the...
Persistent link: https://www.econbiz.de/10012420009
"Presenting innovative modelling approaches to the analysis of fiscal policy and government debt, this book moves beyond previous models that have relied upon the assumption that various age-specific rates and policy variables remain unchanged when it comes to generating government expenditures...
Persistent link: https://www.econbiz.de/10012416712
This book presents an up-to-date overview of the theory as well as the empirics of the relationship between investment … investment theory, professionals in the financial sector and students of macroeconomics and finance. Investment, Capital Market …
Persistent link: https://www.econbiz.de/10014473824
adding to the existing thought in this area, with insights from game theory, rational choice under uncertainty and new … exposition of the risk/return trade-off and how major capital investment decisions are made within firms. Topics studied include …
Persistent link: https://www.econbiz.de/10014473863
neoclassical theory to deal with uncertainty and risk aversion is based upon a string of assumptions which are empirically false …In Finance, Investment and Macroeconomics, Myron J. Gordon advances a theory of finance and investment under … uncertainty and risk aversion which resolves problems left unsolved by Keynes in a manner consistent with his work. Keynes …
Persistent link: https://www.econbiz.de/10014473927