Author: Meghnad Desai
Publisher: Bloomsbury Publishing
ISBN: 147250836X
Category : Business & Economics
Languages : en
Pages : 259
Book Description
Testing Monetarism pursues the complex question of the nature of the controversy surrounding monetarist theory and evidence, and the reasons for the persistence of this controversy. The theory of monetarism is examined in its old guise as the Quantity Theory of Money, and subsequent chapters look at the evolution of the theory to its present form in the period since the 1950's, and Desai weaves together issues of theory with those of econometric evidence. He looks in turn at major predictions of monetarism, critically examining the claims made in the literature in the light of his discussion of the methodology of testing theories and highlights flaws in the empirical data surrounding monetarism.
Testing Monetarism
Author: Meghnad Desai
Publisher: Bloomsbury Publishing
ISBN: 147250836X
Category : Business & Economics
Languages : en
Pages : 259
Book Description
Testing Monetarism pursues the complex question of the nature of the controversy surrounding monetarist theory and evidence, and the reasons for the persistence of this controversy. The theory of monetarism is examined in its old guise as the Quantity Theory of Money, and subsequent chapters look at the evolution of the theory to its present form in the period since the 1950's, and Desai weaves together issues of theory with those of econometric evidence. He looks in turn at major predictions of monetarism, critically examining the claims made in the literature in the light of his discussion of the methodology of testing theories and highlights flaws in the empirical data surrounding monetarism.
Publisher: Bloomsbury Publishing
ISBN: 147250836X
Category : Business & Economics
Languages : en
Pages : 259
Book Description
Testing Monetarism pursues the complex question of the nature of the controversy surrounding monetarist theory and evidence, and the reasons for the persistence of this controversy. The theory of monetarism is examined in its old guise as the Quantity Theory of Money, and subsequent chapters look at the evolution of the theory to its present form in the period since the 1950's, and Desai weaves together issues of theory with those of econometric evidence. He looks in turn at major predictions of monetarism, critically examining the claims made in the literature in the light of his discussion of the methodology of testing theories and highlights flaws in the empirical data surrounding monetarism.
Monetarism and the Federal Reserve's Conduct of Monetary Policy
Author:
Publisher:
ISBN:
Category : Chicago school of economics
Languages : en
Pages : 358
Book Description
Publisher:
ISBN:
Category : Chicago school of economics
Languages : en
Pages : 358
Book Description
The Monetarists
Author: George S. Tavlas
Publisher: University of Chicago Press
ISBN: 0226823199
Category : History
Languages : en
Pages : 651
Book Description
An essential origin story of modern society’s most influential economic doctrine. The Chicago School of economic thought has been subject to endless generalizations—and mischaracterizations—in contemporary debate. What is often portrayed as a monolithic obsession with markets is, in fact, a nuanced set of economic theories born from decades of research and debate. The Monetarists is a deeply researched history of the monetary policies—and personalities—that codified the Chicago School of monetary thought from the 1930s through the 1960s. These policies can be characterized broadly as monetarism: the belief that prices and interest rates can be kept stable by controlling the amount of money in circulation. As economist George S. Tavlas makes clear, these ideas were more than just the legacy of Milton Friedman; they were a tradition in theory brought forth by a crucible of minds and debates throughout campus. Through unprecedented mining of archival material, The Monetarists offers the first complete history of one of the twentieth century’s most formative intellectual periods and places. It promises to elevate our understanding of this doctrine and its origins for generations to come.
Publisher: University of Chicago Press
ISBN: 0226823199
Category : History
Languages : en
Pages : 651
Book Description
An essential origin story of modern society’s most influential economic doctrine. The Chicago School of economic thought has been subject to endless generalizations—and mischaracterizations—in contemporary debate. What is often portrayed as a monolithic obsession with markets is, in fact, a nuanced set of economic theories born from decades of research and debate. The Monetarists is a deeply researched history of the monetary policies—and personalities—that codified the Chicago School of monetary thought from the 1930s through the 1960s. These policies can be characterized broadly as monetarism: the belief that prices and interest rates can be kept stable by controlling the amount of money in circulation. As economist George S. Tavlas makes clear, these ideas were more than just the legacy of Milton Friedman; they were a tradition in theory brought forth by a crucible of minds and debates throughout campus. Through unprecedented mining of archival material, The Monetarists offers the first complete history of one of the twentieth century’s most formative intellectual periods and places. It promises to elevate our understanding of this doctrine and its origins for generations to come.
Exemplary Economists: Europe, Asia, and Australasia
Author: Roger Backhouse
Publisher: Edward Elgar Publishing
ISBN: 9781782543084
Category : Business & Economics
Languages : en
Pages : 472
Book Description
A selection of autobiographical essays by economists whose work is recognised in current economic thinking. They are based upon introductions to the Edward Elgar series, "Economists of the Twentieth Century". The volume focuses upon those who have experience in Europe, Asia and Australasia.
Publisher: Edward Elgar Publishing
ISBN: 9781782543084
Category : Business & Economics
Languages : en
Pages : 472
Book Description
A selection of autobiographical essays by economists whose work is recognised in current economic thinking. They are based upon introductions to the Edward Elgar series, "Economists of the Twentieth Century". The volume focuses upon those who have experience in Europe, Asia and Australasia.
Profiting from Monetary Policy
Author: T. Aubrey
Publisher: Springer
ISBN: 1137289708
Category : Business & Economics
Languages : en
Pages : 227
Book Description
The Financial Crisis has led to a decade of poor returns for pension schemes and lower retirement incomes. Credit-based investment strategies that track the business cycle, are allowing preservation of investors' capital. This book provides analysis and investment strategy plans to generate equity-like-returns with bond like volatility.
Publisher: Springer
ISBN: 1137289708
Category : Business & Economics
Languages : en
Pages : 227
Book Description
The Financial Crisis has led to a decade of poor returns for pension schemes and lower retirement incomes. Credit-based investment strategies that track the business cycle, are allowing preservation of investors' capital. This book provides analysis and investment strategy plans to generate equity-like-returns with bond like volatility.
Dictionary of Ethics, Theology and Society
Author: Paul A. B. Clarke
Publisher: Routledge
ISBN: 1136121005
Category : Philosophy
Languages : en
Pages : 1236
Book Description
This Dictionary provides a unique and groundbreaking survey of both the historical and contemporary interrelations between ethics, theology and society. In over 250 separately-authored entries, a selection of the world's leading scholars from many disciplines and many denominations present their own views on a wide range of topics. Arranged alphabetically, entries cover all aspects of philosophy, theology, ethics, economics, politics and government. Each entry includes: * a concise definition of the term * a description of the principal ideas behind it * analysis of its history, development and contemporary relevance * a detailed bibliography giving the major sources in the field The entire field is prefaced by an editorial introduction outlining its scope and diversity. Selected entries include: Animal Rights * Capital Punishment * Communism * Domestic Violence * Ethics * Evil * Government * Homophobia * Humanism * Liberation Theology * Politics * Pornography * Racism * Sexism * Society * Vivisection * Women's Ordination
Publisher: Routledge
ISBN: 1136121005
Category : Philosophy
Languages : en
Pages : 1236
Book Description
This Dictionary provides a unique and groundbreaking survey of both the historical and contemporary interrelations between ethics, theology and society. In over 250 separately-authored entries, a selection of the world's leading scholars from many disciplines and many denominations present their own views on a wide range of topics. Arranged alphabetically, entries cover all aspects of philosophy, theology, ethics, economics, politics and government. Each entry includes: * a concise definition of the term * a description of the principal ideas behind it * analysis of its history, development and contemporary relevance * a detailed bibliography giving the major sources in the field The entire field is prefaced by an editorial introduction outlining its scope and diversity. Selected entries include: Animal Rights * Capital Punishment * Communism * Domestic Violence * Ethics * Evil * Government * Homophobia * Humanism * Liberation Theology * Politics * Pornography * Racism * Sexism * Society * Vivisection * Women's Ordination
Essays on Liberalism and the Economy, Volume 18
Author: F. A. Hayek
Publisher: University of Chicago Press
ISBN: 022678133X
Category : Business & Economics
Languages : en
Pages : 631
Book Description
The Collected Works of F.A. Hayek is a projected nineteen volume series that will contain newly edited editions of Hayek s books, interviews with the author, new editions of his articles and letters, and hitherto unpublished manuscript. -- Publisher.
Publisher: University of Chicago Press
ISBN: 022678133X
Category : Business & Economics
Languages : en
Pages : 631
Book Description
The Collected Works of F.A. Hayek is a projected nineteen volume series that will contain newly edited editions of Hayek s books, interviews with the author, new editions of his articles and letters, and hitherto unpublished manuscript. -- Publisher.
Money, Wealth and Expenditure
Author: Dorian Owen
Publisher: CUP Archive
ISBN: 9780521267618
Category : Business & Economics
Languages : en
Pages : 234
Book Description
The book develops and applies a modelling framework that enables consumers' expenditure and portfolio behaviour to be analysed in an integrated manner. It extends and applies the Yale approach to financial model building associated with James Tobin. The basis of this approach is surveyed with particular emphasis on the empirical implementation of portfolio models in the UK, US and other countries, appropriate econometric estimation techniques and comparisons with other monetary modelling strategies. Empirical application of the model is particularly addressed to testing whether the composition of wealth holdings is important for expenditure and asset demands, whether concentration on 'money' at the expense of other assets and liabilities is acceptable, and whether the interrelationships stressed by Tobin's general equilibrium approach are statistically important. The results have important implications for the recent literature on wealth effects on consumption and the overemphasis on 'money' at the expense of other financial assets and liabilities.
Publisher: CUP Archive
ISBN: 9780521267618
Category : Business & Economics
Languages : en
Pages : 234
Book Description
The book develops and applies a modelling framework that enables consumers' expenditure and portfolio behaviour to be analysed in an integrated manner. It extends and applies the Yale approach to financial model building associated with James Tobin. The basis of this approach is surveyed with particular emphasis on the empirical implementation of portfolio models in the UK, US and other countries, appropriate econometric estimation techniques and comparisons with other monetary modelling strategies. Empirical application of the model is particularly addressed to testing whether the composition of wealth holdings is important for expenditure and asset demands, whether concentration on 'money' at the expense of other assets and liabilities is acceptable, and whether the interrelationships stressed by Tobin's general equilibrium approach are statistically important. The results have important implications for the recent literature on wealth effects on consumption and the overemphasis on 'money' at the expense of other financial assets and liabilities.
Milton Friedman & Economic Debate in the United States, 1932–1972: Volume 2
Author: Edward Nelson
Publisher: University of Chicago Press
ISBN: 022668492X
Category : Biography & Autobiography
Languages : en
Pages : 602
Book Description
Second in a two-volume study of the Nobel Prize winner’s long career: “Nelson knows more about Milton Friedman’s economics than anyone else alive.” —Business Economics This study is the first to distill Nobel Prize winner Milton Friedman’s vast body of writings into an authoritative account of his research, his policy views, and his interventions in public debate. With this ambitious new work, Edward Nelson closes the gap: Milton Friedman and Economic Debate in the United States is the defining narrative on the famed economist, the first to grapple comprehensively with Friedman’s research output, economic framework, and legacy. This two-volume account provides a foundational introduction to Friedman’s role in several major economic debates that took place in the United States between 1932 and 1972. This second volume covers the years between 1960 and 1972—years that saw the publication of Friedman and Anna Schwartz’s Monetary History of the United States. The book also covers Friedman’s involvement in a number of debates in the 1960s and 1970s, on topics such as unemployment, inflation, consumer protection, and the environment. As a fellow monetary economist, Nelson writes from a unique vantage point, drawing on both his own expertise in monetary analysis and his deep familiarity with Friedman’s writings. Using extensive documentation, the book weaves together Friedman’s research contributions and his engagement in public debate, providing an unparalleled analysis of Friedman’s views on the economic developments of his day. “No previous biographer has Nelson’s deep and sophisticated understanding of monetary economics.” —Economic History
Publisher: University of Chicago Press
ISBN: 022668492X
Category : Biography & Autobiography
Languages : en
Pages : 602
Book Description
Second in a two-volume study of the Nobel Prize winner’s long career: “Nelson knows more about Milton Friedman’s economics than anyone else alive.” —Business Economics This study is the first to distill Nobel Prize winner Milton Friedman’s vast body of writings into an authoritative account of his research, his policy views, and his interventions in public debate. With this ambitious new work, Edward Nelson closes the gap: Milton Friedman and Economic Debate in the United States is the defining narrative on the famed economist, the first to grapple comprehensively with Friedman’s research output, economic framework, and legacy. This two-volume account provides a foundational introduction to Friedman’s role in several major economic debates that took place in the United States between 1932 and 1972. This second volume covers the years between 1960 and 1972—years that saw the publication of Friedman and Anna Schwartz’s Monetary History of the United States. The book also covers Friedman’s involvement in a number of debates in the 1960s and 1970s, on topics such as unemployment, inflation, consumer protection, and the environment. As a fellow monetary economist, Nelson writes from a unique vantage point, drawing on both his own expertise in monetary analysis and his deep familiarity with Friedman’s writings. Using extensive documentation, the book weaves together Friedman’s research contributions and his engagement in public debate, providing an unparalleled analysis of Friedman’s views on the economic developments of his day. “No previous biographer has Nelson’s deep and sophisticated understanding of monetary economics.” —Economic History
Economic Thought Since Keynes
Author: Michel Beaud
Publisher: Routledge
ISBN: 1134711522
Category : Biography & Autobiography
Languages : en
Pages : 510
Book Description
Economic Thought Since Keynes provides a concise overview of changing economic thought in the latter part of the twentieth century. Offering a concise biography of 150 influential economists since Keynes, it is an invaluable reference tool.
Publisher: Routledge
ISBN: 1134711522
Category : Biography & Autobiography
Languages : en
Pages : 510
Book Description
Economic Thought Since Keynes provides a concise overview of changing economic thought in the latter part of the twentieth century. Offering a concise biography of 150 influential economists since Keynes, it is an invaluable reference tool.