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This book gives a comprehensive description of macroeconometric modeling and its development over time. The first part depicts the history of macroeconometric model building, starting with Jan Tinbergen's and Lawrence R. Klein's contributions. It is unique in summarizing the development and...
Persistent link: https://www.econbiz.de/10014016509
A collection of papers from leading thinkers to celebrate the work of the late Wynne Godley, and his enormous contribution to the field of monetary economics. Chapters include in-depth discussions of the revolutionary economic modelling systems that Godley introduced, as well as his prescient...
Persistent link: https://www.econbiz.de/10012106247
. Why Neither Samuelson’s Neoclassical Synthesis Keynesianism Nor New Keynesianism Theory Is Compatible with Keynes …’s General Theory Explanation of the Cause of Unemployment -- 4. The Role of Commercial Banks and Financial Intermediaries in the …, Mesoeconomics and Macroeconomics -- 6. A Coherent Approach to Macroeconomic Theory and Economic Policies -- 7. Is the Share of …
Persistent link: https://www.econbiz.de/10012397154
This first-of-its-kind volume explores the economic implications of multitasking, with a particular focus on the multitasking of non-market activities such as child care, housework, eating, and studying
Persistent link: https://www.econbiz.de/10012397564
policy, and political economy. The book merges macroeconomic growth models with elements of political economic theory to …
Persistent link: https://www.econbiz.de/10012397691
positioned to relate explicitly to theory, and to look ahead to and preempt global macro situations and polices in the years to …
Persistent link: https://www.econbiz.de/10012398057
Fabian Schnell develops a model indicating that by keeping real interest rates too low, monetary policy can distort the allocation of resources across firms and potentially delay economic recovery after a recession. This is a new channel of monetary policy that is especially relevant in view of...
Persistent link: https://www.econbiz.de/10012402085
global crisis presented by the monetary circuit theory, with a special emphasis on Minsky’s financial instability hypothesis …. The authors present a commentary on Keynes’s General Theory with an emphasis on his theory of the scarcity of capital, his …
Persistent link: https://www.econbiz.de/10012402216
In this book Simona Roccioletti reviews several valuable studies about risk measures and their properties; in particular she studies the new (and heavily discussed) property of "Elicitability" of a risk measure. More important, she investigates the issue related to the backtesting of Expected...
Persistent link: https://www.econbiz.de/10014018353
applied undergraduate and graduate courses and seminars in economics and economic theory. …
Persistent link: https://www.econbiz.de/10014018528