Monetary Macrodynamics

preview-18
  • Monetary Macrodynamics Book Detail

  • Author : Toichiro Asada
  • Release Date : 2012-11-12
  • Publisher : Routledge
  • Genre : Business & Economics
  • Pages : 449
  • ISBN 13 : 1135272328
  • File Size : 79,79 MB

Monetary Macrodynamics by Toichiro Asada PDF Summary

Book Description: This book investigates the interaction of effective goods demand with the wage-price spiral, and the impact of monetary policy on financial and the real markets from a Keynesian perspective. Endogenous business fluctuations are studied in the context of long-run distributive cycles in an advanced, rigorously formulated and quantitative setup. The material is developed by way of self-contained chapters on three levels of generality, an advanced textbook level, a research-oriented applied level and on a third level that shows how the interaction of real with financial markets has to be modelled from a truly integrative Keynesian perspective. Monetary Macrodynamics shows that the balanced growth path of a capitalist economy is unlikely to be attracting and that the cumulative forces that surround it are controlled in the large by changes in the behavioural factors that drive the wage-price spiral and the financial markets. Such behavioural changes can in fact be observed in actual economies in the interaction of demand-driven business fluctuations with supply-driven wage and price dynamics as they originate from the conflict over income distribution between capital and labour. The book is a detailed critique of US mainstream macroeconomics and uses rigorous dynamic macro-models of a descriptive and applicable nature. It will be of particular relevance to postgraduate students and researchers interested in disequilibrium processes, real wage feedback channels, financial markets and portfolio choice, financial accelerator mechanisms and monetary policy.

Disclaimer: www.yourbookbest.com does not own Monetary Macrodynamics books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Monetary Macrodynamics

Monetary Macrodynamics

File Size : 46,46 MB
Total View : 3843 Views
DOWNLOAD

This book investigates the interaction of effective goods demand with the wage-price spiral, and the impact of monetary policy on financial and the real markets

Monetary Macrodynamics

Monetary Macrodynamics

File Size : 13,13 MB
Total View : 5827 Views
DOWNLOAD

This book investigates the interaction of effective goods demand with the wage-price spiral, and the impact of monetary policy on financial and the real markets

Money and Macrodynamics

Money and Macrodynamics

File Size : 13,13 MB
Total View : 2599 Views
DOWNLOAD

Alfred Eichner's pioneering contributions to post-Keynesian econmics offered significant insights on the way modern economies and institutions actually work. Pu

Open Economy Macrodynamics

Open Economy Macrodynamics

File Size : 68,68 MB
Total View : 3447 Views
DOWNLOAD

In the first part of this book, we treat interacting and small open economies. We do this from an historical perspective, starting from the Classical model of t

Inequality and Finance in Macrodynamics

Inequality and Finance in Macrodynamics

File Size : 72,72 MB
Total View : 4157 Views
DOWNLOAD

This contributed volume combines approaches of the current inequality debate with aspects of finance based on profound macroeconomic model analyses. Research on