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Recently there has been a resurgence of interest in the study of optimal monetary policy under uncertainty. This book provides a thorough survey of the literature that has resulted from this renewed interest. The authors ground recent contributions on the 'science of monetary policy' in the...
Persistent link: https://www.econbiz.de/10012420009
economics, and is renowned as the progenitor of the "horizontalist" analysis of endogenous money. More recently, he has embraced … complexity theory as part of an ongoing effort to understand macroeconomics as an evolving, path-dependent process. This book … celebrates and explores Basil Moore's interests in and contributions to monetary and macroeconomic theory …
Persistent link: https://www.econbiz.de/10011850869
and finance currently taking place within heterodox economics. There are many themes and facets of alternative monetary … and financial economics but two major ones can be identified … the tax-driven approach to money / Pavlina R. Tcherneva -- French circuit theory / Claude Gnos -- The Italian circuitist …
Persistent link: https://www.econbiz.de/10011851676
pt. 1. Heterodox economic theory and money in macroeconomics -- pt. 2. Distribution and aggregate demand -- pt. 3 …: the development of heterodox theory, the role of money in macroeconomics, the relationship between distribution and …
Persistent link: https://www.econbiz.de/10012420004
prevalent in contemporary mainstream economics, Controversies in Monetary Economics suggests that those economists who have … theory to post Keynesian theories of endogenous money …1. Money and economic theory and policy -- 2. The nature and functions of money : a re-examination -- 3. Monetarism and …
Persistent link: https://www.econbiz.de/10011851150
Celebrating the contribution that Charles Goodhart has made to monetary economics and policy, this unique compendium of … regulators covering a broad range of issues in modern monetary economics. Topics discussed include: central bank independence …
Persistent link: https://www.econbiz.de/10011851645
Nobel Prize winner James Tobin has made outstanding contributions to modern macroeconomics. In this final collection of his work he examines the economic policies of the United States and its relations with other major economies after 1990. In James Tobin's view, the welfare of populations...
Persistent link: https://www.econbiz.de/10011851797
This ambitious book seeks both to revive and revise the idea of 'functional finance'. Followers of this doctrine believe that government budgets should concentrate solely on their macroeconomic impact on the economy, rather than reflecting a concern for sound finance and budgetary discipline....
Persistent link: https://www.econbiz.de/10011852035
Axel Leijonhufvud has made a unique contribution to the development of macroeconomic theory. This volume draws together …
Persistent link: https://www.econbiz.de/10011852116
Part I basic statements and analyses -- 1. The concept of nation -- 2. The theory of exchange -- 3. Equilibrium and … understanding of the working of monetary systems. Students and scholars in economics as well as policy makers and practitioners will …
Persistent link: https://www.econbiz.de/10012419906