Monetary Equilibrium

Monetary Equilibrium PDF Author: Gunnar Myrdal
Publisher:
ISBN:
Category : Money
Languages : en
Pages : 214

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Book Description

Monetary Equilibrium

Monetary Equilibrium PDF Author: Gunnar Myrdal
Publisher:
ISBN:
Category : Money
Languages : en
Pages : 214

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Book Description


Monetary Equilibrium and Economic Development

Monetary Equilibrium and Economic Development PDF Author: Xenophon Euthymiou Zolotas
Publisher: Princeton University Press
ISBN: 1400876575
Category : Business & Economics
Languages : en
Pages : 235

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Book Description
The progress of the Greek economy from its low point in 1950 to its healthy state in 1963 is traced in detail by Professor Zolotas, Governor of the Bank of Greece for the last ten years. Originally published in 1965. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Money

Money PDF Author: Douglas Gale
Publisher: Cambridge University Press
ISBN: 9780521289009
Category : Business & Economics
Languages : en
Pages : 364

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Book Description
This book deals mainly with what can be described as the general-equilibrium approach to monetary theory. The author does not attempt an encyclopaedic treatment, rather Gale investigates the central problems and ideas in the development of topical monetary theory. The first part of the book - technically the easier - deals with questions which will be recognized as falling within the traditional field of (macroeconomic) monetary theory, although the treatment is unflaggingly microeconomic. The second part is less conventional, dealing with the general equilibrium theory of money in a fundamental way.

Measuring the Non-Observed Economy: A Handbook

Measuring the Non-Observed Economy: A Handbook PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264175350
Category :
Languages : en
Pages : 233

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Book Description
This essential Handbook makes underground, hidden, grey economies intelligible and consistently quantifiable. An invaluable tool for statistics producers and users and researchers, the book explains how the non-observed economy can be measured and ...

Monetarist Economics

Monetarist Economics PDF Author: Milton Friedman
Publisher: Wiley-Blackwell
ISBN: 9780631171119
Category : Business & Economics
Languages : en
Pages : 188

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Book Description


Monetary equilibrium and economic development with special reference to the experience of greece, 1950-1963

Monetary equilibrium and economic development with special reference to the experience of greece, 1950-1963 PDF Author: Zenophon Zolotas
Publisher:
ISBN:
Category :
Languages : en
Pages : 223

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Book Description


Money and Capital in Economic Development

Money and Capital in Economic Development PDF Author: Ronald I. McKinnon
Publisher: Brookings Institution Press
ISBN: 9780815718499
Category : Business & Economics
Languages : en
Pages : 204

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Book Description
This books presents a theory of economic development very different from the "stages of growth" hypothesis or strategies emphasizing foreign aid, trade, or regional association. Leaving these aside, the author breaks new ground by focusing on the use of domestic capital markets to stimulate economic performance. He suggests a "bootstrap" approach in which successful development would depend largely on policy choices made by national authorities in the developing countries themselves. Central to his theory is the freeing of domestic financial markets to allow interest rates to reflect the true scarcity of capital in a developing economy. His analysis leads to a critique of prevailing monetary theory and to a new view of the relation between money and physical capital—a view with policy implications for governments striving to overcome the vicious circle of inflation and stagnation. Examining the performance of South Korea, Taiwan, Brazil, and other countries, the author suggests that their success or failure has depended primarily on steps taken in the monetary sector. He concludes that monetary reform should take precedence over other development measures, such as tariff and tax reform or the encouragement of foreign capital investment. In addition to challenging much of the conventional wisdom of development, the author's revision of accepted monetary theory may be relevant for mature economies that face monetary problems.

Monetary Policy, Inflation, and the Business Cycle

Monetary Policy, Inflation, and the Business Cycle PDF Author: Jordi Galí
Publisher: Princeton University Press
ISBN: 1400866278
Category : Business & Economics
Languages : en
Pages : 295

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Book Description
The classic introduction to the New Keynesian economic model This revised second edition of Monetary Policy, Inflation, and the Business Cycle provides a rigorous graduate-level introduction to the New Keynesian framework and its applications to monetary policy. The New Keynesian framework is the workhorse for the analysis of monetary policy and its implications for inflation, economic fluctuations, and welfare. A backbone of the new generation of medium-scale models under development at major central banks and international policy institutions, the framework provides the theoretical underpinnings for the price stability–oriented strategies adopted by most central banks in the industrialized world. Using a canonical version of the New Keynesian model as a reference, Jordi Galí explores various issues pertaining to monetary policy's design, including optimal monetary policy and the desirability of simple policy rules. He analyzes several extensions of the baseline model, allowing for cost-push shocks, nominal wage rigidities, and open economy factors. In each case, the effects on monetary policy are addressed, with emphasis on the desirability of inflation-targeting policies. New material includes the zero lower bound on nominal interest rates and an analysis of unemployment’s significance for monetary policy. The most up-to-date introduction to the New Keynesian framework available A single benchmark model used throughout New materials and exercises included An ideal resource for graduate students, researchers, and market analysts

The Guidance of an Enterprise Economy

The Guidance of an Enterprise Economy PDF Author: Martin Shubik
Publisher: MIT Press
ISBN: 0262034638
Category : Business & Economics
Languages : en
Pages : 591

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Book Description
A rigorous theory of money, credit, and bankruptcy in the context of a mixed economy, uniting Walrasian general equilibrium with macroeconomic dynamics and Schumpeterian innovation. This book offers a rigorous study of control, guidance, and coordination problems of an enterprise economy, with attention to the roles of money and financial institutions. The approach is distinctive in drawing on game theory, methods of physics and experimental gaming, and, more generally, a broader evolutionary perspective from the biological and behavioral sciences. The proposed theory unites Walrasian general equilibrium with macroeconomic dynamics and Schumpeterian innovation utilizing strategic market games. Problems concerning the meaning of rational economic behavior and the concept of solution are noted. The authors argue that process models of the economy can be built that are consistent with the general equilibrium system but become progressively more complex as new functions are added. Explicit embedding of the economy within the framework of government and society provides a natural, both formal and informal, control system. The authors describe how to build and analyze multistate models with simple assumptions about behavior, and develop a general modeling methodology for the construction of models as playable games.

Finance & Development, September 2014

Finance & Development, September 2014 PDF Author: International Monetary Fund. External Relations Dept.
Publisher: International Monetary Fund
ISBN: 1475566980
Category : Business & Economics
Languages : en
Pages : 60

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Book Description
This chapter discusses various past and future aspects of the global economy. There has been a huge transformation of the global economy in the last several years. Articles on the future of energy in the global economy by Jeffrey Ball and on measuring inequality by Jonathan Ostry and Andrew Berg are also illustrated. Since the 2008 global crisis, global economists must change the way they look at the world.