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The horizontalist perspective is an extension of the post-Keynesian approach, that has hitherto focused on a theory of … general theory of the creation of money that is consistent with the post-Keynesian view on macroeconomic policy. Credit …
Persistent link: https://www.econbiz.de/10014473823
The achievement of financial stability is one of the most pressing issues today. This timely and innovative book provides an analytical framework to assess financial (in)stability as an equilibrium phenomenon compatible with the orderly functioning of a modern market economy. The authors...
Persistent link: https://www.econbiz.de/10014474044
Emissions taxes, tradeable emission permits and voluntary compliance policies are becoming the instruments of choice in controlling environmental problems at the national and international level. Careful design of these policies in second-best environments is a very important factor for their...
Persistent link: https://www.econbiz.de/10014473851
issues in the macroeconomic theory of different forms of open economies under differing degrees of dependency …
Persistent link: https://www.econbiz.de/10014473925
, that it is not only contemporary international economic theory which takes account of these issues …
Persistent link: https://www.econbiz.de/10011850822
the Future; The Factual Findings, New York: Twentieth Century Fund. -- Hayek, Friedrich (1933), Monetary Theory and the …Irving Fisher (1933), 'The Debt-Deflation Theory of Great Depressions', Econometrica, 1 (4), October, 337-57 -- James D ….P. (1978), Manias, Panics, and Crashes, New York, NY: Basic Books. -- King, C.P. (1994), 'Debt deflation: theory and evidence …
Persistent link: https://www.econbiz.de/10011852314
Combining critical perspectives with a positive contribution to economic policy, both national and international, this book considers the causes and consequences of recent financial crises presenting cutting-edge material. The editors bring together a number of well-known scholars to offer their...
Persistent link: https://www.econbiz.de/10014474013
"In this incisive fifth edition of Financial Crises and Recession in the Global Economy, Roy E. Allen examines the major financial instabilities, crises, and evolutionary trends since the 1970s and through the recent Covid-19 pandemic. Providing empirical research on the relation between money...
Persistent link: https://www.econbiz.de/10014437075
monetary theory and policy, financial markets, and financial instability coming out of the Post Keynesian school of thought …
Persistent link: https://www.econbiz.de/10011850557
Recurrent instability has characterized the global financial system since the 1980s, eventually leading to the current global financial crisis. This instability and the resultant disruptions - sovereign debt defaults, exchange rate misalignments, financial market illiquidity and asset price...
Persistent link: https://www.econbiz.de/10011850688