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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
Sociology, The Graduate Center, CUNY, USA This book offers a new interpretation of the Employment Act of 1946. It argues that in … macroeconomic policy in the USA consisted of a dual approach of using a living wage to increase consumption with higher wages, and …
Persistent link: https://www.econbiz.de/10012396940
Persistent link: https://www.econbiz.de/10013521085
Selected essays from the eminent economist, Wynne Godley, tracing the development of his work and illuminating the key theories and models that made his name. Essays focus not only on the stock-flow coherent approach, but also lay out Godley's views about the European Union and the stability of...
Persistent link: https://www.econbiz.de/10012106238
. 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
Statistics, USA Judith E. Brown, University of New South Wales, Australia Parama Chaudhury, University College London, UK Lyn … Craig, University of New South Wales, Australia Karen S. Hamrick, Department of Agriculture, USA Sabrina Wulff Pabilonia …, Bureau of Labor Statistics, USA Jay Stewart, Bureau of Labor Statistics, USA Agne Suziedelyte, Monash University, Australia …
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