Discussion Paper

Discussion Paper PDF Author:
Publisher:
ISBN:
Category : Econometric models
Languages : en
Pages : 308

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Book Description

Discussion Paper

Discussion Paper PDF Author:
Publisher:
ISBN:
Category : Econometric models
Languages : en
Pages : 308

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Book Description


Intertemporal and Intratemporal Aspects of the Money Rate of Interest and Keynesian Stagnation

Intertemporal and Intratemporal Aspects of the Money Rate of Interest and Keynesian Stagnation PDF Author: Yoshiyasu Ono
Publisher:
ISBN:
Category :
Languages : en
Pages : 32

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Money, Interest, and Stagnation

Money, Interest, and Stagnation PDF Author: Yoshiyasu Ono
Publisher:
ISBN: 9780198288374
Category : Business & Economics
Languages : en
Pages : 222

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Book Description
This book looks at the utility of money in dynamic macroeconomic theory. Ono sets out a new theoretical explanation of disequilibrium in markets, using stagnant money as an example, that draws in part on Keynes's work, but also uses the neoclassical theoretical tools of optimization and intertemporal models. His strikingly original work has interesting implications for macroeconomic behavior and the efficacy of governmental policies to stimulate growth in the economy.

Financial Crises Explanations, Types, and Implications

Financial Crises Explanations, Types, and Implications PDF Author: Mr.Stijn Claessens
Publisher: International Monetary Fund
ISBN: 1475561008
Category : Business & Economics
Languages : en
Pages : 66

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Book Description
This paper reviews the literature on financial crises focusing on three specific aspects. First, what are the main factors explaining financial crises? Since many theories on the sources of financial crises highlight the importance of sharp fluctuations in asset and credit markets, the paper briefly reviews theoretical and empirical studies on developments in these markets around financial crises. Second, what are the major types of financial crises? The paper focuses on the main theoretical and empirical explanations of four types of financial crises—currency crises, sudden stops, debt crises, and banking crises—and presents a survey of the literature that attempts to identify these episodes. Third, what are the real and financial sector implications of crises? The paper briefly reviews the short- and medium-run implications of crises for the real economy and financial sector. It concludes with a summary of the main lessons from the literature and future research directions.

Neoclassical Vs. Keynesian Economy Under Dynamic Optimization

Neoclassical Vs. Keynesian Economy Under Dynamic Optimization PDF Author: Yoshiyasu Ono
Publisher:
ISBN:
Category :
Languages : en
Pages : 38

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Saving, IS Balances, and U.S.-Japan Trade and Investment Friction

Saving, IS Balances, and U.S.-Japan Trade and Investment Friction PDF Author: Charles Horioka
Publisher:
ISBN:
Category : Balance of trade
Languages : en
Pages : 40

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Financial Crises

Financial Crises PDF Author: Mr.Stijn Claessens
Publisher: International Monetary Fund
ISBN: 1484355261
Category : Business & Economics
Languages : en
Pages : 754

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Book Description
The lingering effects of the economic crisis are still visible—this shows a clear need to improve our understanding of financial crises. This book surveys a wide range of crises, including banking, balance of payments, and sovereign debt crises. It begins with an overview of the various types of crises and introduces a comprehensive database of crises. Broad lessons on crisis prevention and management, as well as the short-term economic effects of crises, recessions, and recoveries, are discussed.

In Defense of Monopoly

In Defense of Monopoly PDF Author: Richard B. McKenzie
Publisher: University of Michigan Press
ISBN: 0472901141
Category : Business & Economics
Languages : en
Pages : 554

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Book Description
In Defense of Monopoly offers an unconventional but empirically grounded argument in favor of market monopolies. Authors McKenzie and Lee claim that conventional, static models exaggerate the harm done by real-world monopolies, and they show why some degree of monopoly presence is necessary to maximize the improvement of human welfare over time. Inspired by Joseph Schumpeter's suggestion that market imperfections can drive an economy's long-term progress, In Defense of Monopoly defies conventional assumptions to show readers why an economic system's failure to efficiently allocate its resources is actually a necessary precondition for maximizing the system's long-term performance: the perfectly fluid, competitive economy idealized by most economists is decidedly inferior to one characterized by market entry and exit restrictions or costs. An economy is not a board game in which players compete for a limited number of properties, nor is it much like the kind of blackboard games that economists use to develop their monopoly models. As McKenzie and Lee demonstrate, the creation of goods and services in the real world requires not only competition but the prospect of gains beyond a normal competitive rate of return.

大阪大学経済学

大阪大学経済学 PDF Author: 大阪大学. 経済学部
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 608

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Book Description


Economics and Ageing

Economics and Ageing PDF Author: José Luis Iparraguirre
Publisher: Springer
ISBN: 3319932489
Category : Business & Economics
Languages : en
Pages : 401

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Book Description
This upper level textbook provides a coherent introduction to the economic implications of individual and population ageing. Placing economic considerations into a wider social sciences context, this is ideal reading not only for advanced undergraduate and masters students in economics, health economics and the economics of ageing, but also policy makers, students, professionals and practitioners in gerontology, sociology, health-related sciences and social care. This volume introduces the different conceptualisations of age and definitions of `old age', as well as the main theories of individual ageing as developed in the disciplines of biology, psychology and sociology. It covers the economic theories of fertility, mortality and migration and describes the four main frameworks that can be used to study economics and ageing, namely the life cycle, the overlapping generations, the perpetual youth and the dynastic models.