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Author: Pablo Matias Pincheira Brown
Publisher:
ISBN:
Category :
Languages : en
Pages : 204
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Book Description
Author: Pablo Matias Pincheira Brown
Publisher:
ISBN:
Category :
Languages : en
Pages : 204
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Book Description
Author: Ruey Yau
Publisher:
ISBN:
Category :
Languages : en
Pages : 270
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Author: Jeffrey Malcolm Lacker
Publisher:
ISBN:
Category : Macroeconomics
Languages : en
Pages : 408
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Author: Charles S. Wassell
Publisher:
ISBN:
Category :
Languages : en
Pages : 188
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Author: David Henry Bowman
Publisher:
ISBN:
Category :
Languages : en
Pages : 230
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Author: Chun-wah Liu
Publisher:
ISBN:
Category :
Languages : en
Pages : 398
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Author: Junichiro Ishida
Publisher:
ISBN:
Category :
Languages : en
Pages : 102
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Book Description
The second chapter of the thesis considers the negative correlation between inflation and the average propensity to consume in the U.S. economy. While many explanations are offered for this observation, it is hard to be reconciled within the framework of a rational expectations model. In this paper, however, we argue that this correlation can be derived as an implication of the permanent income hypothesis. This conjecture is tested by identifying the dynamic response of consumption to different types of shock. The data show that this interpretation is largely consistent. This procedure also allows us to identify transitory consumption and the source of the failure of the permanent income hypothesis.
Author: Angus Maddison
Publisher: Oxford University Press
ISBN: 0199227217
Category : Business & Economics
Languages : en
Pages : 433
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Book Description
This book seeks to identify the forces which explain how and why some parts of the world have grown rich and others have lagged behind. Encompassing 2000 years of history, part 1 begins with the Roman Empire and explores the key factors that have influenced economic development in Africa,Asia, the Americas and Europe. Part 2 covers the development of macroeconomic tools of analysis from the 17th century to the present. Part 3 looks to the future and considers what the shape of the world economy might be in 2030. Combining both the close quantitative analysis for which ProfessorMaddison is famous with a more qualitative approach that takes into account the complexity of the forces at work, this book provides students and all interested readers with a totally fascinating overview of world economic history. Professor Maddison has the unique ability to synthesise vast amountsof information into a clear narrative flow that entertains as well as informs, making this text an invaluable resource for all students and scholars, and anyone interested in trying to understand why some parts of the World are so much richer than others.
Author: Hernán J. Moscoso Boedo
Publisher:
ISBN:
Category :
Languages : en
Pages : 124
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Author: Mahir Binici
Publisher:
ISBN:
Category :
Languages : en
Pages : 366
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Book Description
