Having the high unemployment in Germany in mind, this book discusses how macroeconomic theory has evolved over the past … business cycle theory. It also probes in which direction models may be extended from here. Empirically, the book uses different …

theory, computational social choice, and fair division. It thus offers an interdisciplinary treatment of collective decision … making from an economic and computational perspective. Part I introduces to algorithmic game theory, focusing on both … noncooperative and cooperative game theory. Part II introduces to computational social choice, focusing on both preference …

income equality to the international variation of productivity investment. This collection will appeal to academics and …. 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 …

policy, and political economy. The book merges macroeconomic growth models with elements of political economic theory to …. Most of the basic ideas are illustrated using a two-period model of government investment that captures the future cost of …Chapter 1: Introduction -- Chapter 2: Two-Period Model of Government Investment -- Chapter 3: Politics and Corruption …

positioned to relate explicitly to theory, and to look ahead to and preempt global macro situations and polices in the years to … Deficits and Global Capital Flows: The National Savings Identity in its Present Form -- 4. Aggregate Demand: Setting the Stage …