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complexity theory as part of an ongoing effort to understand macroeconomics as an evolving, path-dependent process. This book … celebrates and explores Basil Moore's interests in and contributions to monetary and macroeconomic theory … 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
Curve', Economica, 78, 67-88. -- Vandercamp, J. (1972), 'Inflation: a simple Friedman theory with a Phillips twist', Journal … Economic Theory, London: Pinter. -- Dupasquier, C. and N. Ricketts (1998), 'Non-linearities in the output-inflation … Relation Between Unemployment and Excess Demand for Labour: An Examination of the Theory of the Phillips Curve', Economica, 37 …
Persistent link: https://www.econbiz.de/10011852221
This important new book presents the theoretical, econometric and applied foundations of the economics of innovation as well as offering a new approach to the measurement of technical change. The author, a leading expert in innovation economics and management, critically reviews current schools...
Persistent link: https://www.econbiz.de/10014473962
economic puzzles, from stock market bubbles to the failure of conventional economic theory, to explain low levels of inflation …This unorthodox book derives and tests a simple theory of economic time series using several well-known empirical …
Persistent link: https://www.econbiz.de/10014473885
Persistent link: https://www.econbiz.de/10011850791
A statement of problem -- The theory of the demand for money -- A theory of the supply of money -- The quantity theory … of money -- Inflation without a quantity of money : the Wicksellian approach. -- Technological risk and the social … function of real debt -- Monetary risk and the social function of money debt -- The quantity theory in a risky world …
Persistent link: https://www.econbiz.de/10012420049
It is a popular notion that money and output are separate and autonomous entities. Money and Inflation argues that this … idea can neither explain the purchasing power of money nor its variations over time, and a new theory is therefore … presented in its place. The book aims to provide the foundations for a new analysis of inflation from a macroeconomic …
Persistent link: https://www.econbiz.de/10014474108
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
Axel Leijonhufvud has made a unique contribution to the development of macroeconomic theory. This volume draws together … 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
perspective on psychology and economics, social norms and macroeconomics, the nature of unemployment, unemployment and inflation … (2004), 'Fairness and Inflation Persistence', Journal of the European Economic Association, 2 (2-3), April-May, 240 …-51 -- Rafael Di Tella, Robert J. MacCulloch and Andrew J. Oswald (2001), 'Preferences Over Inflation and Unemployment: Evidence …
Persistent link: https://www.econbiz.de/10011852162