Capital and credit: a new formulation of general equilibrium theory
Contemporary general equilibrium theory is characteristically short-run, separated from monetary aspects of the economy, and as such does not deal with long-run problems such as capital accumulation, innovation, and the historical movement of the economy. These phenomena are discussed by growth theo...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Cambridge
Cambridge University Press
1992
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| Schlagworte: | |
| Online-Zugang: | BSB01 UBG01 Volltext |
| Zusammenfassung: | Contemporary general equilibrium theory is characteristically short-run, separated from monetary aspects of the economy, and as such does not deal with long-run problems such as capital accumulation, innovation, and the historical movement of the economy. These phenomena are discussed by growth theory, which assumes a given or shifting production function, and in turn cannot therefore deal with the fundamental problem of growth, namely how the production function is derived. Thus traditional theories have a common weakness in that they divorce real economic growth from the activities of the financial sector. This book provides a much-needed synthesis of growth theory and monetary theory. Professor Morishima draws on the work of Schumpeter, Keynes and the pre-war neoclassical economists to formulate a capital-theoretic general equilibrium theory |
| Beschreibung: | Title from publisher's bibliographic system (viewed on 05 Oct 2015) |
| Beschreibung: | 1 online resource (xi, 212 pages) |
| ISBN: | 9780511628467 |
| DOI: | 10.1017/CBO9780511628467 |
Internformat
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| 500 | |a Title from publisher's bibliographic system (viewed on 05 Oct 2015) | ||
| 520 | |a Contemporary general equilibrium theory is characteristically short-run, separated from monetary aspects of the economy, and as such does not deal with long-run problems such as capital accumulation, innovation, and the historical movement of the economy. These phenomena are discussed by growth theory, which assumes a given or shifting production function, and in turn cannot therefore deal with the fundamental problem of growth, namely how the production function is derived. Thus traditional theories have a common weakness in that they divorce real economic growth from the activities of the financial sector. This book provides a much-needed synthesis of growth theory and monetary theory. Professor Morishima draws on the work of Schumpeter, Keynes and the pre-war neoclassical economists to formulate a capital-theoretic general equilibrium theory | ||
| 650 | 4 | |a Wirtschaftsentwicklung | |
| 650 | 4 | |a Capital | |
| 650 | 4 | |a Monetary policy | |
| 650 | 4 | |a Economic development | |
| 650 | 4 | |a Equilibrium (Economics) | |
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Datensatz im Suchindex
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| author | Morishima, Michio 1923-2004 |
| author_GND | (DE-588)111009030 |
| author_facet | Morishima, Michio 1923-2004 |
| author_role | aut |
| author_sort | Morishima, Michio 1923-2004 |
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| bvnumber | BV043928756 |
| classification_rvk | QC 140 QC 320 |
| collection | ZDB-20-CBO |
| ctrlnum | (ZDB-20-CBO)CR9780511628467 (OCoLC)967422486 (DE-599)BVBBV043928756 |
| dewey-full | 339.5 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 339 - Macroeconomics and related topics |
| dewey-raw | 339.5 |
| dewey-search | 339.5 |
| dewey-sort | 3339.5 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| doi_str_mv | 10.1017/CBO9780511628467 |
| format | Electronic eBook |
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| id | DE-604.BV043928756 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-10T07:38:52Z |
| institution | BVB |
| isbn | 9780511628467 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-029337835 |
| oclc_num | 967422486 |
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| owner_facet | DE-12 DE-473 DE-BY-UBG |
| physical | 1 online resource (xi, 212 pages) |
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| publishDate | 1992 |
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| publisher | Cambridge University Press |
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| spelling | Morishima, Michio 1923-2004 Verfasser (DE-588)111009030 aut Capital and credit a new formulation of general equilibrium theory Michio Morishima Capital & Credit Cambridge Cambridge University Press 1992 1 online resource (xi, 212 pages) txt rdacontent c rdamedia cr rdacarrier Title from publisher's bibliographic system (viewed on 05 Oct 2015) Contemporary general equilibrium theory is characteristically short-run, separated from monetary aspects of the economy, and as such does not deal with long-run problems such as capital accumulation, innovation, and the historical movement of the economy. These phenomena are discussed by growth theory, which assumes a given or shifting production function, and in turn cannot therefore deal with the fundamental problem of growth, namely how the production function is derived. Thus traditional theories have a common weakness in that they divorce real economic growth from the activities of the financial sector. This book provides a much-needed synthesis of growth theory and monetary theory. Professor Morishima draws on the work of Schumpeter, Keynes and the pre-war neoclassical economists to formulate a capital-theoretic general equilibrium theory Wirtschaftsentwicklung Capital Monetary policy Economic development Equilibrium (Economics) Kapital (DE-588)4029560-6 gnd rswk-swf Gleichgewichtstheorie (DE-588)4071876-1 gnd rswk-swf Geldpolitik (DE-588)4019902-2 gnd rswk-swf Kapital (DE-588)4029560-6 s Gleichgewichtstheorie (DE-588)4071876-1 s 1\p DE-604 Geldpolitik (DE-588)4019902-2 s 2\p DE-604 Erscheint auch als Druckausgabe 978-0-521-41840-9 Erscheint auch als Druckausgabe 978-0-521-46638-7 https://doi.org/10.1017/CBO9780511628467 Verlag URL des Erstveröffentlichers Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 2\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Morishima, Michio 1923-2004 Capital and credit a new formulation of general equilibrium theory Wirtschaftsentwicklung Capital Monetary policy Economic development Equilibrium (Economics) Kapital (DE-588)4029560-6 gnd Gleichgewichtstheorie (DE-588)4071876-1 gnd Geldpolitik (DE-588)4019902-2 gnd |
| subject_GND | (DE-588)4029560-6 (DE-588)4071876-1 (DE-588)4019902-2 |
| title | Capital and credit a new formulation of general equilibrium theory |
| title_alt | Capital & Credit |
| title_auth | Capital and credit a new formulation of general equilibrium theory |
| title_exact_search | Capital and credit a new formulation of general equilibrium theory |
| title_full | Capital and credit a new formulation of general equilibrium theory Michio Morishima |
| title_fullStr | Capital and credit a new formulation of general equilibrium theory Michio Morishima |
| title_full_unstemmed | Capital and credit a new formulation of general equilibrium theory Michio Morishima |
| title_short | Capital and credit |
| title_sort | capital and credit a new formulation of general equilibrium theory |
| title_sub | a new formulation of general equilibrium theory |
| topic | Wirtschaftsentwicklung Capital Monetary policy Economic development Equilibrium (Economics) Kapital (DE-588)4029560-6 gnd Gleichgewichtstheorie (DE-588)4071876-1 gnd Geldpolitik (DE-588)4019902-2 gnd |
| topic_facet | Wirtschaftsentwicklung Capital Monetary policy Economic development Equilibrium (Economics) Kapital Gleichgewichtstheorie Geldpolitik |
| url | https://doi.org/10.1017/CBO9780511628467 |
| work_keys_str_mv | AT morishimamichio capitalandcreditanewformulationofgeneralequilibriumtheory AT morishimamichio capitalcredit |