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Author: Christopher C. Douglas
Publisher:
ISBN:
Category : Banks and banking, Central
Languages : en
Pages : 390
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Author: Chung-Eun Lee
Publisher:
ISBN:
Category :
Languages : en
Pages : 154
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Author: Christopher C. Douglas
Publisher:
ISBN:
Category : Banks and banking, Central
Languages : en
Pages : 390
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Author: Tse-Chun Lin
Publisher: Rozenberg Publishers
ISBN: 9036101514
Category :
Languages : en
Pages : 146
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Author: Martin Shubik
Publisher: MIT Press
ISBN: 9780262693110
Category : Business & Economics
Languages : en
Pages : 472
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Book Description
This first volume in a three-volume exposition of Shubik's vision of "mathematical institutional economics" explores a one-period approach to economic exchange with money, debt, and bankruptcy. This is the first volume in a three-volume exposition of Martin Shubik's vision of "mathematical institutional economics"--a term he coined in 1959 to describe the theoretical underpinnings needed for the construction of an economic dynamics. The goal is to develop a process-oriented theory of money and financial institutions that reconciles micro- and macroeconomics, using as a prime tool the theory of games in strategic and extensive form. The approach involves a search for minimal financial institutions that appear as a logical, technological, and institutional necessity, as part of the "rules of the game." Money and financial institutions are assumed to be the basic elements of the network that transmits the sociopolitical imperatives to the economy. Volume 1 deals with a one-period approach to economic exchange with money, debt, and bankruptcy. Volume 2 explores the new economic features that arise when we consider multi-period finite and infinite horizon economies. Volume 3 will consider the specific role of financial institutions and government, and formulate the economic financial control problem linking micro- and macroeconomics.
Author: Jeffrey Malcolm Lacker
Publisher:
ISBN:
Category : Macroeconomics
Languages : en
Pages : 408
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Author: Kevin D. Hoover
Publisher: Cambridge University Press
ISBN: 9780521003216
Category : Business & Economics
Languages : en
Pages : 204
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Book Description
The Methodology of Empirical Macroeconomics stakes out a pragmatic middle-ground between traditional, prescriptive economic methodology and recent descriptive (sociological or rhetorical) methodology. The former is sometimes seen as arrogantly telling economists how to do their work and the latter as irrelevant to their practice. The lectures are built around a case study of a concrete example of macroeconomic analysis. They demonstrate that economic methodology and the philosophy of science offer insights that help to resolve the genuine concerns of macroeconomists. Some examples of questions addressed include: What is the relationship between theoretical models and empirical observations? What is the relevance of macroeconomics to policy? Should macroeconomics be viewed as a special case of microeconomics? What is the place of long-standing philosophical issues in macroeconomics, such as the scope and nature of economic laws, the role of idealizations, methodological individualism, and the problem of causality?
Author: Ruey Yau
Publisher:
ISBN:
Category :
Languages : en
Pages : 270
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Author: David Henry Bowman
Publisher:
ISBN:
Category :
Languages : en
Pages : 230
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Author: Pedro H. Albuquerque
Publisher:
ISBN:
Category :
Languages : en
Pages : 160
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Author: Mahir Binici
Publisher:
ISBN:
Category :
Languages : en
Pages : 366
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