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(2004), 'Fairness and Inflation Persistence', Journal of the European Economic Association, 2 (2-3), April-May, 240 … perspective on psychology and economics, social norms and macroeconomics, the nature of unemployment, unemployment and inflation …-34 -- Ernst Fehr and Georg Kirchsteiger (1994), 'Insider Power, Wage Discrimination and Fairness', Economic Journal, 104 (424 …
Persistent link: https://www.econbiz.de/10011852162
This major volume develops a rigorous equilibrium-free political economy based on labour values. Rooted in a non-dualistic approach restoring money to its central role in a commodity economy, Marx and Non-Equilibrium Economics is the fruit of extensive international collaboration reflecting a...
Persistent link: https://www.econbiz.de/10014473902
This innovative book shows how new Keynesian economics has reacted to the challenges of new classical economics. It argues that new Keynesian economists have responded positively to the challenge and strengthened the analytical power of their models. The first part of the book offers a critical...
Persistent link: https://www.econbiz.de/10014473989
This important new book enhances our understanding of the dynamic interactions between economic activity, economic growth, pollution abatement and environmental policy. It addresses one main policy problem: how can the direct and indirect costs of environmental policy for multiple pollutants be...
Persistent link: https://www.econbiz.de/10014474004
Exposed to powerful new economic forces, and undergoing dramatic ownership reforms and technological changes, China's industries are modernizing at a breakneck pace. In many industries, the outcomes have been chaotic and poorly aligned with societal objectives. This book analyses the...
Persistent link: https://www.econbiz.de/10014474008
of money -- Inflation without a quantity of money : the Wicksellian approach. -- Technological risk and the social … -- Wicksellianism in a risky world -- The cost of inflation as moneylessness -- The cost of inflation as creditlessness -- A …This book explores the causes, costs and benefits of inflation. It argues that while the cause of inflation is …
Persistent link: https://www.econbiz.de/10012420049
operate at the level of full employment without provoking unmanageable inflation. They also contend that budget deficits do …pt. I. Introduction -- pt. II. Functional finance : the background -- pt. III. Assessing the inflation barrier -- pt …
Persistent link: https://www.econbiz.de/10011852035
his insightful essays dealing with the extremes of economic instability: great depressions, high inflation and the …pt. 1. Keynesianism, monetarism and rational expectations -- pt. 2. Monetary regimes and inflation -- pt. 3. Markets …
Persistent link: https://www.econbiz.de/10011852116
It is a popular notion that money and output are separate and autonomous entities. Money and Inflation argues that this … presented in its place. The book aims to provide the foundations for a new analysis of inflation from a macroeconomic … in order to gain a thorough comprehension of inflation it is necessary to focus on the formation of national income, not …
Persistent link: https://www.econbiz.de/10014474108
There is much confusion in the economics literature on wage determination and the employment-inflation trade-off. Few …
Persistent link: https://www.econbiz.de/10011851839