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pt. 1. Heterodox economic theory and money in macroeconomics -- pt. 2. Distribution and aggregate demand -- pt. 3 …Money, distribution and economic policy takes issue with the inappropriate treatment of money, effective demand and …: the development of heterodox theory, the role of money in macroeconomics, the relationship between distribution and …
Persistent link: https://www.econbiz.de/10012420004
economics, and is renowned as the progenitor of the "horizontalist" analysis of endogenous money. More recently, he has embraced … macroeconomics of endogenous money -- pt. 4. The macroeconomics of exogenous interest rates -- pt. 5. Unemployment, inflation and the …
Persistent link: https://www.econbiz.de/10011850869
money. In this context, they highlight the relevance of Abba Lerner's famous dictum, 'money is a creature of the State'. The …
Persistent link: https://www.econbiz.de/10011852035
In Finance, Investment and Macroeconomics, Myron J. Gordon advances a theory of finance and investment under … established that both the short-run and long-run performance of a capitalist system depend upon investment, but he failed to … arrive at an alternative to the neoclassical theory of investment. Professor Gordon demonstrates that the extension of …
Persistent link: https://www.econbiz.de/10014473927
, consumption and saving, the causes of the global financial crisis, economic growth and happiness and income distribution and the …), 'Money wage dynamics and labor-market equilibrium', Journal of Political Economy, 76 (4, Part 2): Issues in monetary research … and Unemployment', Quarterly Journal of Economics, CV (2), May, 255-83 -- Truman F. Bewley (1995), 'A Depressed Labor …
Persistent link: https://www.econbiz.de/10011852162
Dino Falaschetti and Michael Orlando unify the treatment of the many deeply related topics in money and banking in this … and financial services, as well as related governance mechanisms, influence economic performance. In this manner, Money …Modeling -- Foundation -- A model economy -- What is money? -- Money and the level of economic well-being -- Money in a …
Persistent link: https://www.econbiz.de/10011851385
Money and credit are key themes of Allan H. Meltzer's ground-breaking work which is celebrated in this outstanding … collection of his essays and papers. Money, Credit and Policy covers the demand for money, the relation of money to output, the …. Focusing on the relations between money and credit, and in turn their relationship to output, prices and inflation, this volume …
Persistent link: https://www.econbiz.de/10014473936
relationship. A number of controversial issues regarding the demand for money are empirically investigated and the functioning of a … several issues relating to both current and future developments of monetary institutions: the optimum quantity of money, the … of the economy must be set. Money and Monetary Systems will be of great interest and value to economists specialising in …
Persistent link: https://www.econbiz.de/10014474045
economic models -- 4. Investment : liquid real capital versus liquid assets -- 5. Why liquidity preference? -- 6. Financial … markets, liquidity and fast exits -- 7. Planned investment, planned savings, liquidity and economic growth -- 8. Complicating … the picture : money and international liquidity -- 9. Trade imbalances and international payments -- 10. International …
Persistent link: https://www.econbiz.de/10011851209
This book examines the monetary integration of the group of countries which constitute the Economic and Monetary Union (EMU), signalling the emergence of a truly European economy. The authors devote their considerable expertise to the analysis of macroeconomic policies within EMU and the...
Persistent link: https://www.econbiz.de/10014473884