Aggregate demand and supply: a critique of orthodox macroeconomic modelling
Saved in:
| Format: | Book |
|---|---|
| Language: | English |
| Published: |
Basingstoke [u.a.]
Macmillan
1998
|
| Edition: | 1. publ. |
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | XVI, 228 S. |
| ISBN: | 0333691474 0312210752 |
Staff View
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Record in the Search Index
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| adam_text | CONTENTS PREFACE XI NOTES ON THE CONTRIBUTORS XIII 1. INTRODUCTION 1 B.
BHASKARA RAO 2. AGGREGATE DEMAND IN PRINCIPLES TEXTBOOKS KEN MCCORMICK
AND JANET M. RIVES 2.1 INTRODUCTION 11 2.2 CURRENT TEXTBOOK
PRESENTATIONS 11 2.3 OTHER EFFECTS OF PRICE CHANGES 17 2.4 ADDITIONAL
CONSIDERATIONS 19 2.5 THE NEED FOR ALTERNATIVES 21 3. AGGREGATE DEMAND
CURVES: A GUIDE TO USE AND ABUSE REVISITED PETER H- HALL AND MALCOLM L.
TREADGOLD 3.1 INTRODUCTION 25 3.2 THE CONVENTIONAL CURVE 26 3.3 PROBLEMS
WITH THE CONVENTIONAL APPROACH 28 3.3.1 THE VOLUME OF REAL AGGREGATE
DEMAND 28 3.3.2 THE MEASUREMENT OF EXCESS DEMAND/SUPPLY 30 3.3.3
INTERDEPENDENCE OF AGGREGATE DEMAND AND SUPPLY 31 VI CONTENTS 3.4 TWO
ALTERNATIVES 33 3.4.1 ROWAN S CURVE 33 3.4.2 CORDEN S CONSTANT-MV CURVE
39 3.5 CONCLUSION 42 4. WHAT IS THE MATTER WITH AGGREGATE DEMAND AND
SUPPLY? B. BHASKARA RAO 4.1 4.2 4.3 4.4 4.5 INTRODUCTION AGGREGATE
DEMAND, SUPPLY AND THE ISLM MODEL THE NEO CLASSICAL VERSION THE
KEYNESIAN APPROACH CONCLUSIONS 45 46 56 60 65 5. WALRASIAN,
NON-WALRASIAN AND POST-WALRASIAN PERSPECTIVES ON THE ADAS MODEL:
THEORETICAL AND PEDAGOGICAL IMPLICATIONS RALPH C. ALLEN AND JACK H.
STONE 5.1 INTRODUCTION 67 5.2 INSTITUTIONAL ENVIRONMENT 68 5.3
INSTITUTIONAL ENVIRONMENT BEHIND ISLM 70 5.4 INCONSISTENCIES IN ADAS AND
PROPOSED ALTERNATIVES 72 5.5 POST-WALRASIAN COORDINATION IN ADAS 76 5.6
CONCLUSION 80 CONTENTS VII 6. THE ADAS MODEL: TWO INTO ONE WON T GO ROY
H. GRIEVE 6.1 INTRODUCTION 83 6.2 THE TEXTBOOK MODEL 84 6.3 TWO
THEORIES, ONE MODEL: NO GO 88 6.4 THE ROOT OF THE PROBLEM 90 6.5
CONCLUSION 93 6.6 POSTSCRIPT 94 7. DEFENDING ADAS: A PERSPECTIVE ON THE
ADAS CONTROVERSY PETER KENNEDY 7.1 INTRODUCTION 95 7.2 THE RISE OF ADAS
95 7.3 NO INTERNAL INCONSISTENCY 97 7.4 ADAS CAN BE CONFUSING 99 7.5
DYNAMICS 102 7.6 CONCLUSION 104 APPENDIX TO CHAPTER 7: SURVEY INSTRUMENT
105 8. THEORETICAL INCONSISTENCIES IN THE ADAS MODEL: CAN THE MODEL BE
REHABILITATED? T. WINDSOR FIELDS AND WILLIAM R. HART 8.1 INTRODUCTION
107 8.2 THE TEXTBOOK ADAS MODEL 110 8.3 THE AGGREGATE DEMAND CURVE 112
8.4 A THEORETICALLY CONSISTENT ADAS MODEL 116 8.5 SHORT RUN AGGREGATE
DEMAND 126 VIJI CONTENTS 8.6 PRICE LEVEL AND INTEREST RATE DETERMINATION
IN ADAS MODEL 128 8.7 CONCLUSION 135 9. ACCEPTABLE AND UNACCEPTABLE
DIRTY PEDAGOGY: THE CASE OF ADAS DAVID COLANDER AND PETER SEPHTON 9.1
INTRODUCTION 137 9.2 WHAT THE ADAS MODEL IS SUPPOSED TO ACCOMPLISH 138
9.3 PROBLEMS WITH ADAS ANALYSIS 138 9.4 MACRO POLICY MODEL 142 9.4.1 THE
RENAMING OF THE AED CURVE 143 9.4.2 USING AN AGGREGATE SUPPLY PATH
RATHER THAN A SUPPLY CURVE 144 9.5 THE AGGREGATE SUPPLY PATH ALTERNATIVE
151 9.6 THE MORE LIMITED APPLICABILITY OF THE MACRO POLICY MODEL 152 9.7
SUMMARY 153 10 AGGREGATE DEMAND AND SUPPLY ANALYSIS: A STORY IN THE
WRONG LANGUAGE JOHN W. NEVILE 10.1 10.2 10.3 10.4 10.5 10.6 INTRODUCTION
LANGUAGE OF GENERAL EQUILIBRIUM COMPARATIVE STATICS MARSHALLIAN ANALYSIS
VERSUS GENERAL EQUILIBRIUM NOT ONLY THE WRONG LANGUAGE BUT AN UNFAMILIAR
DIALECT A POSSIBLE ALTERNATIVE CONCLUSION 155 157 162 166 168 174
CONTENTS IX A SIMPLE ANALYSIS OF PRICE AND OUTPUT DETERMINATION: A MODEL
WITH IMPERFECT COMPETITION CORRADO BENASSI, ALESSANDRA CHIRCO AND
CATERINA COLOMBO 11.1 INTRODUCTION 177 11.2 AGGREGATE DEMAND AND SUPPLY
UNDER IMPERFECT COMPETITION 180 11.3 THE ROLE OF WAGE RIGIDITIES 182
11.4 A MACROMODEL OF IMPERFECT COMPETITION 185 11.4.1 FIRM S BEHAVIOUR
185 11.4.2 UNION S BEHAVIOUR 187 11.5 AGGREGATE BEHAVIOUR OF FIRMS AND
UNIONS 189 11.6 EQUILIBRIUM UNDER FULL NOMINAL FLEXIBILITY 191 11.6.1
DETERMINATION AND PROPERTIES OF EQUILIBRIUM 191 11.6.2 AGGREGATE DEMAND
AND AGGREGATE SUPPLY UNDER FULL FLEXIBILITY 195 11.7 EQUILIBRIUM UNDER
NOMINAL RIGIDITIES 195 11.7.1 EQUILIBRIUM UNDER NOMINAL WAGE RIGIDITY
297 11.7.2 AGGREGATE DEMAND AND SUPPLY UNDER NOMINAL WAGE RIGIDITY 198
11.7.3 EQUILIBRIUM UNDER NOMINAL PRICE RIGIDITY 200 11.8 CONCLUDING
REMARKS 202 APPENDIX TO CHAPTER 11 205 BIBLIOGRAPHY 209 INDEX 223
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| spelling | Aggregate demand and supply a critique of orthodox macroeconomic modelling ed. by B. Bhaskara Rao 1. publ. Basingstoke [u.a.] Macmillan 1998 XVI, 228 S. txt rdacontent n rdamedia nc rdacarrier Angebot (DE-588)4001997-4 gnd rswk-swf Nachfrage (DE-588)4041036-5 gnd rswk-swf (DE-588)4143413-4 Aufsatzsammlung gnd-content Angebot (DE-588)4001997-4 s Nachfrage (DE-588)4041036-5 s DE-604 Rao, B. B. Sonstige oth SWB Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=008109779&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Aggregate demand and supply a critique of orthodox macroeconomic modelling Angebot (DE-588)4001997-4 gnd Nachfrage (DE-588)4041036-5 gnd |
| subject_GND | (DE-588)4001997-4 (DE-588)4041036-5 (DE-588)4143413-4 |
| title | Aggregate demand and supply a critique of orthodox macroeconomic modelling |
| title_auth | Aggregate demand and supply a critique of orthodox macroeconomic modelling |
| title_exact_search | Aggregate demand and supply a critique of orthodox macroeconomic modelling |
| title_full | Aggregate demand and supply a critique of orthodox macroeconomic modelling ed. by B. Bhaskara Rao |
| title_fullStr | Aggregate demand and supply a critique of orthodox macroeconomic modelling ed. by B. Bhaskara Rao |
| title_full_unstemmed | Aggregate demand and supply a critique of orthodox macroeconomic modelling ed. by B. Bhaskara Rao |
| title_short | Aggregate demand and supply |
| title_sort | aggregate demand and supply a critique of orthodox macroeconomic modelling |
| title_sub | a critique of orthodox macroeconomic modelling |
| topic | Angebot (DE-588)4001997-4 gnd Nachfrage (DE-588)4041036-5 gnd |
| topic_facet | Angebot Nachfrage Aufsatzsammlung |
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