Showing 1 - 10 of 422
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
analyses how employment levels and real wages are affected by international trade. Popular trade theory disregards the impact …
Persistent link: https://www.econbiz.de/10011851537
Monetary Scenarios is an original synthesis of post Keynesian macroeconomic and monetary theory with the new …
Persistent link: https://www.econbiz.de/10014473926
, D. and Tversky, A. (1979), 'Prospect theory: An analysis of decision under risk', Econometrica, 46, 263-91. -- Keynes, J …, consumption and saving, the causes of the global financial crisis, economic growth and happiness and income distribution and the …), S164-S187 -- David Bowman, Deborah Minehart and Matthew Rabin (1999), 'Loss Aversion in a Consumption-savings Model …
Persistent link: https://www.econbiz.de/10011852162
"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
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
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
. The second part focuses on the conditioning effect of the economic environment on private decisions in low income resource …
Persistent link: https://www.econbiz.de/10014473971
differing views regarding the role of economic theory as applied to the real world. William Greer reveals that the intellectual …
Persistent link: https://www.econbiz.de/10014474106