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historical context. The works also discuss the strengths and weaknesses of the New Classical critique and the expectations …, 1-17 -- Edmund S. Phelps (1967), 'Phillips Curves, Expectations of Inflation and Optimal Unemployment Over Time …', Journal of Political Economy, 85 (3), June, 451-72 -- Robert E. Lucas, Jr and Leonard A. Rapping (1969), 'Price Expectations …
Persistent link: https://www.econbiz.de/10011852221
There is much confusion in the economics literature on wage determination and the employment-inflation trade-off. Few model builders pay as much careful attention to the definition and meaning of long-run concepts as did Albert Ando. Expanding on years of painstaking work by Ando, the...
Persistent link: https://www.econbiz.de/10011851839
"This volume contains thirty-seven contributions from the most significant early developers of monetary economics. Starting with Aristotle, the collection tracks the development of the modern theory of money through the ages by thinkers like Thomas Aquinas, Martin de Azpilcueta, John Locke,...
Persistent link: https://www.econbiz.de/10012416715
This influential volume, which has been revised and updated for the twenty-first century, includes both new material and more detailed expositions of existing arguments. Although so-called 'real' theories of business cycles and growth are prevalent in contemporary mainstream economics,...
Persistent link: https://www.econbiz.de/10011851150
The literature of monetary economics has been characterised by controversy and changes in the received wisdom throughout its history. The controversies have related not merely to the effects on incomes and prices of changes in the money supply, but even to the question of whether causality runs...
Persistent link: https://www.econbiz.de/10014474075
Contents: Preface -- Foreword I: Professor Geoffrey Harcourt -- Foreword II: Professor Sheila Dow -- Introduction The Biographies of the Interviewees -- Part 1: Round one (R1) interviews (2018) i. Professor Victoria Chick ii. Professor Tim Congdon CBE iii Professor Paul Davidson iv. Professor...
Persistent link: https://www.econbiz.de/10012416714
Contents: Preface -- 1. Puzzles and Myths: A General Overview -- 2. Puzzles in International Finance -- 3. Puzzles in International Economics and Macroeconomics -- 4. Puzzles in Finance -- 5. The Myths of Econometrics -- 6. The Myths of Laissez Faire -- 7. The Myths of Financial Economics -- 8....
Persistent link: https://www.econbiz.de/10012416718
Ronald H. Coase, one of the most innovative and provocative economists of the twentieth century, has had a lasting influence in economics, law and economics, organization theory, management and political science. In this comprehensive Companion, 31 leading economists, social scientists and legal...
Persistent link: https://www.econbiz.de/10012419854
Introduction -- 1. Antiquity / Bertram Schefold -- 2. Economic Thought in Scholasticism / Irina Chaplygina and André Lapidus -- 3. Cameralism / Keith Tribe -- 4. Mercantilism and the Science of Trade / Thierry Demals -- 5. French Enlightenment / Thierry Demals and Gilbert Faccarello -- 6....
Persistent link: https://www.econbiz.de/10012419876
Introduction -- 1. William Petty (1623-1687) -- Tony Aspromourgos -- 2. Pierre Le Pesant de Boisguilbert (1646-1714) -- Gilbert Faccarello -- 3. John Law (1671-1729) -- Antoin E. Murphy -- 4. Richard Cantillon (1680/90-1734) -- Antoin E. Murphy -- 5. Charles-Louis de Secondat de Montesquieu...
Persistent link: https://www.econbiz.de/10012419878