Macroeconomic models and controversies:
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
New York
St. Martin's Press u.a.
1994
|
| Ausgabe: | 1. publ. |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | IX, 228 S. graph. Darst. |
| ISBN: | 0312120974 0333585895 |
Internformat
MARC
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| 100 | 1 | |a Chirichiello, Giuseppe |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Macroeconomic models and controversies |c Giuseppe Chirichiello |
| 250 | |a 1. publ. | ||
| 264 | 1 | |a New York |b St. Martin's Press u.a. |c 1994 | |
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| 650 | 4 | |a Mathematisches Modell | |
| 650 | 4 | |a Macroeconomics | |
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Datensatz im Suchindex
| _version_ | 1804124188128051200 |
|---|---|
| adam_text | Contents
Preface ix
Introduction 1
1 Keynes and the Classics 4
1.1 The Neoclassical Theory of Income and
Employment: An Introduction from a Keynesian
Perspective 4
1.2 A Simple Neoclassical Model 5
1.3 A Simple Neoclassical Model of a Monetary
Economy 13
1.4 A Classical Ricardian Macroeconomic Model of
Say s Law 16
1.5 The Classical Ricardian Macroeconomic Model:
Further Considerations 19
1.6 A More Complex Model of Neoclassical Theory 22
1.7 Real and Monetary Interest Rates:
Wicksell s Contribution 25
1.8 Say s Law and the More Complex Neoclassical
Model: A Reformulation 31
1.9 Keynes s Criticism of the Neoclassical Theory:
(a) The Labour Market 38
1.10 Keynes s Criticism of the Neoclassical Theory:
(b) Equality between Savings and Investment 45
1.11 Say s Law and Keynes s Criticism of
Savings Investment Equality: Further Considerations 48
Appendix to Section 1.8 51
2 Keynesian Macroeconomic Theory 55
2.1 The Keynesian Theory of Income and Employment:
A Brief Review 55
2.2 A Simple Keynesian Model 56
2.3 The Mathematics of IS LM Curves 60
2.4 The More Complex Keynesian Model 65
2.5 The General Macroeconomic Equilibrium Model in
Terms of Aggregate Demand and Supply 71
v
vi Contents
2.6 Keynesian Theory as Revolution: (a) Unemployment
Equilibria; (b) Effectiveness of Policy 74
2.7 J. M. Keynes s View of the Keynesian Revolution 83
2.8 Expectations in the Static General Equilibrium
Macroeconomic Model: An Introductory View 85
Appendix to Section 2.5: A Mathematical and Graphic
Proof of the Existence of an Unemployment
Equilibrium 88
Appendix to Section 2.6: Mathematical Aspects of
Monetary and Fiscal Policy 89
3 Neoclassical Macroeconomics Reproposed 93
3.1 The Neoclassical Theory of a Monetary Economy:
The Walrasian Model 93
3.2 The Traditional Neoclassical Point of View in
Patinkin s General Model 96
3.3 Patinkin s General Model: The Keynesian Point
of View 100
3.4 Underemployment Equilibrium and the Implications
of the Real Balance Effect 102
3.5 The Labour Market Functioning in Patinkin s
Fixed General Price Level Model 103
3.6 Neoclassical Macroeconomics in a Context of
Walrasian General Economic Equilibrium 105
3.7 M. Friedman and the Quantity Theory of Money 111
3.8 Friedman s Restatement of the Quantity Theory of
Money 113
3.9 Monetarism: A Simple Model 116
3.10 Monetarism: A More Complex Model 121
Mathematical Appendix to Section 3.2 127
Appendix to Section 3.4: The Real Balance and Keynesian
Cases in the Aggregate Demand Supply Model 127
Mathematical Appendix to Section 3.6 128
Appendix to Section 3.8. The Neoquantity Theory of
Money: An Interpretation 129
4 Macroeconomics of Aggregate Supply and New Classical
Macroeconomics 132
4.1 Introduction 132
4.2 The Keynesian Point of View versus the Monetarist
Point of View in the Aggregate Demand Supply Model 133
Contents vii
4.3 The Aggregate Supply Curve: The Classical
Tradition and the Monetarist View 136
4.4 Towards the Keynesian Macroeconomics of
Aggregate Supply: Key Concepts 139
4.5 Keynesian Macroeconomics of Aggregate Supply:
The Macroeconomic Model with a Phillips Curve 143
4.6 The Monetarist Re elaboration: The Absence of
Money Illusion and the Natural Unemployment Rate 149
4.7 Monetarist Macroeconomics of Aggregate Supply:
The Expectations Augmented Phillips Curve 154
4.8 The Natural Rate Hypothesis and the Lucas Rapping
Version of the Phillips Curve 158
4.9 The Dynamic Aggregate Supply Model and Lucas s
Surprise Supply Curve 163
4.10 The New Classical Macroeconomics Approach to
the Natural Rate Theory: Lucas s Approach 165
4.11 The Mathematical Solution to Lucas s Natural Rate
Model and the Policy Invariance Proposition 170
Appendix I to Chapter 4: Mathematics of Expectations 173
Appendix II to Chapter 4: Lucas s Critique of Policy
Evaluation 177
5 Macroeconomics of Rationing Equilibria 179
5.1 Introduction 179
5.2 Involuntary Unemployment as a Consequence of a
Demand Constraint on Production (Patinkin s
Contribution) 181
5.3 The Dual Decision Hypothesis (Clower s Contribution) 183
5.4 General Equilibrium, Constrained Processes and
Unemployment (Leijonhufvud s Contribution) 186
5.5 Further Considerations 188
5.6 Microeconomic Theory of the Non Walrasian
Equilibria: Essential Aspects of Agents Behaviour 189
5.7 Types of Macro Equilibria in a Generalised
Version of the Malinvaud Prototype 191
5.8 Rationing Equilibria and Price Quantity Expectations 197
5.9 Effects of Quantity Expectations on Rationing
Equilibria: Rational Expectations 200
5.10 Beyond the Prototype: Indications for an
Employment Theory in an Aggregate
Demand Supply Context 205
viii Contents
Appendix to Section 5.6: Non Walrasian Equilibria in
J. Dreze and J. P. Benassy. An Interpretation 210
Appendix to Section 5.7 213
Bibliography 216
Index 225
|
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| institution | BVB |
| isbn | 0312120974 0333585895 |
| language | English |
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| physical | IX, 228 S. graph. Darst. |
| publishDate | 1994 |
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| spelling | Chirichiello, Giuseppe Verfasser aut Macroeconomic models and controversies Giuseppe Chirichiello 1. publ. New York St. Martin's Press u.a. 1994 IX, 228 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Mathematisches Modell Macroeconomics Macroeconomics Mathematical models Makroökonomisches Modell (DE-588)4074486-3 gnd rswk-swf Makroökonomie (DE-588)4037174-8 gnd rswk-swf Makroökonomisches Modell (DE-588)4074486-3 s DE-604 Makroökonomie (DE-588)4037174-8 s 1\p DE-604 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=006510010&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
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| title | Macroeconomic models and controversies |
| title_auth | Macroeconomic models and controversies |
| title_exact_search | Macroeconomic models and controversies |
| title_full | Macroeconomic models and controversies Giuseppe Chirichiello |
| title_fullStr | Macroeconomic models and controversies Giuseppe Chirichiello |
| title_full_unstemmed | Macroeconomic models and controversies Giuseppe Chirichiello |
| title_short | Macroeconomic models and controversies |
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