Macroeconomic Measurement Versus Macroeconomic Theory PDF Download
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Author | : Merijn Knibbe |
Publisher | : Routledge |
Total Pages | : 264 |
Release | : 2019-12-06 |
Genre | : Business & Economics |
ISBN | : 1351136690 |
Download Macroeconomic Measurement Versus Macroeconomic Theory Book in PDF, ePub and Kindle
Ideally, scientific theory and scientific measurement should develop in tandem, but in recent years this has not been the case in economics. There used to be a time when leading economists, or their students, established or led statistical offices and took care that the measurements were consistent with the theory (and vice versa). Not anymore. Macroeconomic theorists and macroeconomic statisticians do not even speak the same language any longer. They do use the same words, such as ‘consumption’, ‘investments’ or ‘unemployment’ but the meanings can often be different. This book maps the differences between macroeconomic theory and measurement and explores them in some detail while also tracking their intellectual, historical and, in some cases, ideological origins. It also explores the possible policy implications. In doing so, the book draws on two separate strands of literature which are seldom used in unison: macro-statistical manuals and theoretical macro-papers. By doing so, the book contributes to the effort to bridge the gap between them without compromising on the idea that a meaningful science of economics should, in the end, be based upon individual people and households and their social and cultural embedding instead of a ‘representative consumer’, or Robinson Crusoe figure. This work is essential reading for students, economists, statisticians, and professionals.
Author | : Douglas Fisher |
Publisher | : Springer |
Total Pages | : 407 |
Release | : 1985-06-18 |
Genre | : Business & Economics |
ISBN | : 1349080446 |
Download Macroeconomic Theory Book in PDF, ePub and Kindle
Author | : M C Vaish |
Publisher | : Vikas Publishing House |
Total Pages | : 832 |
Release | : 2010 |
Genre | : |
ISBN | : 8125941959 |
Download Macroeconomic Theory - 14Th Edn Book in PDF, ePub and Kindle
A complete textbook for UG and PG students of economics, commerce and business management, it provides an integrated view of macroeconomics from a global perspective as well as from Indian with special emphasis on Indian monetary policy. Divided into 4 parts--Introductory, Macroeconomic accounting, 3. Macroeconomic theory, 4. Money, interest and prices, 5. Policy, Foreign exchange and banking, 6. Trade cycle theories and economic growth
Author | : Frank Hahn |
Publisher | : MIT Press |
Total Pages | : 174 |
Release | : 1997 |
Genre | : Business & Economics |
ISBN | : 9780262581547 |
Download A Critical Essay on Modern Macroeconomic Theory Book in PDF, ePub and Kindle
In the early 1980s, rational expectations and new classical economics dominated macroeconomic theory. This essay evolved from theauthors' profound disagreement with that trend. It demonstrates notonly how the new classical view got macroeconomics wrong, but also howto go about doing macroeconomics the right way.
Author | : C. James Hueng |
Publisher | : W.E. Upjohn Institute |
Total Pages | : 133 |
Release | : 2020-09-08 |
Genre | : Business & Economics |
ISBN | : 0880996765 |
Download Alternative Economic Indicators Book in PDF, ePub and Kindle
Policymakers and business practitioners are eager to gain access to reliable information on the state of the economy for timely decision making. More so now than ever. Traditional economic indicators have been criticized for delayed reporting, out-of-date methodology, and neglecting some aspects of the economy. Recent advances in economic theory, econometrics, and information technology have fueled research in building broader, more accurate, and higher-frequency economic indicators. This volume contains contributions from a group of prominent economists who address alternative economic indicators, including indicators in the financial market, indicators for business cycles, and indicators of economic uncertainty.
Author | : Stephen D. Williamson |
Publisher | : |
Total Pages | : 634 |
Release | : 2017-01-03 |
Genre | : Macroeconomics |
ISBN | : 9780133847147 |
Download Macroeconomics Book in PDF, ePub and Kindle
The Williamson text provides a modern approach to macroeconomics in which core economic theory is explained with a focus on the micro foundations of macroeconomic theory. Williamson uses the fundamental concepts learned in microeconomics to understand macroeconomics. KEY TOPICS: Introduction; Measurement; Business Cycle Measurement; Consumer and Firm Behaviour: The Work-Leisure Decision and Profit Maximization; A Closed-Economy One-Period Macroeconomic Model; Search and Unemployment; Economic Growth: Malthus and Solow; Income Disparity Among Countries and Endogenous Growth; A Two-Period Model: The Consumption-Savings Decision and Credit Markets; Credit Market Imperfections: Credit Frictions, Financial Crises, and Social Security; A Real Intertemporal Model with Investment; Money, Banking, Prices, and Monetary Policy; Business Cycle Models with Flexible Prices and Wages; New Keynesian Economics: Sticky Prices; Inflation: Phillips Curves and Neo-Fisherism; International Trade in Goods and Assets; Money in the Open Economy; Money, Inflation, and Banking MARKET: Appropriate for intermediate macroeconomics courses.
Author | : Edmund S. Phelps |
Publisher | : Academic Press |
Total Pages | : 373 |
Release | : 2014-05-10 |
Genre | : Business & Economics |
ISBN | : 148327103X |
Download Studies in Macroeconomic Theory Book in PDF, ePub and Kindle
Studies in Macroeconomic Theory, Volume 2: Redistribution and Growth is a compendium of scholarly papers on the behavior and public control of distribution and growth in the market economy. The papers in this volume focus on the subject of public finance under the broad theory of economic policy. The papers are grouped into five groups or sections. Part I covers the steady-state choices. The second part takes up the efficient use of a given volume of saving in the choice among national investments. Part III explores the alternative approaches to optimal national saving. Part IV discusses the maximin-optimal graduated taxation of wage income. The final section expounds on Rawls's vision of the just economy. Economists will find the text invaluable and insightful.
Author | : HL Ahuja |
Publisher | : S. Chand Publishing |
Total Pages | : |
Release | : 2015 |
Genre | : Business & Economics |
ISBN | : 9385401351 |
Download Macroeconomics Book in PDF, ePub and Kindle
Macroeconomics - Theory and Policy provides a comprehensive coverage of all the important theories and policies of macroeconomics. The book is an exhaustive text for understanding all the relevant concepts and current developments in the subject. It traces the relevance of Keynesian theories to the developing economies and has critically examined the post-Keynesian developments.
Author | : Leslie Lipschitz |
Publisher | : Cambridge University Press |
Total Pages | : 312 |
Release | : 2019-01-23 |
Genre | : Business & Economics |
ISBN | : 1108568467 |
Download Macroeconomics for Professionals Book in PDF, ePub and Kindle
Understanding macroeconomic developments and policies in the twenty-first century is daunting: policy-makers face the combined challenges of supporting economic activity and employment, keeping inflation low and risks of financial crises at bay, and navigating the ever-tighter linkages of globalization. Many professionals face demands to evaluate the implications of developments and policies for their business, financial, or public policy decisions. Macroeconomics for Professionals provides a concise, rigorous, yet intuitive framework for assessing a country's macroeconomic outlook and policies. Drawing on years of experience at the International Monetary Fund, Leslie Lipschitz and Susan Schadler have created an operating manual for professional applied economists and all those required to evaluate economic analysis.
Author | : Steven A. Y. Lin |
Publisher | : Academic Press |
Total Pages | : 280 |
Release | : 2014-05-10 |
Genre | : Business & Economics |
ISBN | : 1483271471 |
Download Theory and Measurement of Economic Externalities Book in PDF, ePub and Kindle
Theory and Measurement of Economic Externalities provides information on some analytical and empirical developments in the field of externalities. This book presents the function of turning out producer's goods in the form of better knowledge, analytical formulation, and approaches for application to current problems. Organized into five parts encompassing 12 chapters, this book begins with an overview of the notion of externalities in connection with analyses of economic welfare. This text then discusses the relationship between publicness and external diseconomies when either consumption or production or decision sets are nonconvex due to a high degree of externalities. Other chapters consider disproving the pessimistic conclusions concerning tax–subsidy schemes. This book discusses as well the solutions for the allocation of resources in an economy with public goods and interdependent preferences. The final chapter deals with a general framework for estimating externality production functions. This book is a valuable resource for economists.