Essays on Macroeconomic Policy and Growth in India
Essays on Macroeconomic Policy and Growth in India

Author: Shankar Acharya

Publisher:

Published: 2008-02

Total Pages: 255

ISBN-13: 9780195695878

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This collection of essays deals with various aspects of economic reforms undertaken in India since the early 1990s with special emphasis on economic growth. The essays underscore the remarkably swift turnaround in the Indian economy from crisis condition in 1991 to good health by 1995. In thispaperback edition, a new preface addresses issues of India's phenomenal economic growth in the last few years.The early chapters deal with macroeconomic policies and performance, external sector challenges and their management and tax reforms in India, and the economic consequences of these reforms. A significant discussion is on the political and institutional factors that were at work to initiate andsustain these reforms. The final chapters highlight six major areas for government action: fiscal consolidation; improving state finances to support social development; infrastructure reforms; industrial policy reforms, management of water resources; and improvement in law and governance.

Essays in Monetary Economics (Collected Works of Harry Johnson)
Essays in Monetary Economics (Collected Works of Harry Johnson)

Author: Harry G. Johnson

Publisher: Routledge

Published: 2013-07-18

Total Pages: 284

ISBN-13: 1134623631

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Reprinting the second edition (which included a new introduction explaining developments which had emerged since first publication) this book discusses explorations in the fundamental theory of a monetary economy, a theoretical critique of the ‘Phillips Curve’ approach to the theory of inflation and the theory of the term structure of interest rates in terms of the theory of forward markets pioneered by David Meiselman.

Essays in Macroeconomics of an Open Economy
Essays in Macroeconomics of an Open Economy

Author: Franz Gehrels

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 194

ISBN-13: 3642956599

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The large aggregates in the economy - consumption, investment, production of the domestic and the international sectors, international capital flows, financial accumulation and indebtedness - are analysed in this book as problems in time-optimisation for enterprises and households. The effects of fiscal and monetary policies along with exchange-rate variation are examined, and their simultaneous use for stabilizing demand are found to be necessary. All household decisions on consumptions, savings, and financial disposition are conditioned by uncertainty, and similarly for firms, who make more complex simultaneous decisions on production, real investment, financing, and market strategy. The marginal efficiency-of-investment function derived from these decisions is fundamentally different from the marginal productivity of capital in the neoclassical sense. An economy which grows through the accumulation of capital, increase in labor supply, and technological progress is the framework in which all of these variables move. This codetermines the allocation of factors between domestic and international production, and the development of foreign trade. The growth both of the public debt and of international investment are treated in depth.

Economics for an Imperfect World
Economics for an Imperfect World

Author: Joseph E. Stiglitz

Publisher: MIT Press

Published: 2003

Total Pages: 722

ISBN-13: 9780262012058

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The focus of Joseph Stiglitz's work in economics throughout his long and distinguished career has been on the real world, with all of its imperfections.

Macroeconomic Analysis
Macroeconomic Analysis

Author: David Currie

Publisher: Routledge

Published: 2015-09-16

Total Pages: 508

ISBN-13: 1317377699

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Bringing together the proceedings of the 1979 and 1980 annual conferences of the Association of University Teachers of Economics the papers in this volume discuss: the effect of social security on private saving; an analysis of aggregate consumer behaviour; the philosophy and objectives of econometrics and other topics in macroeconomic and econometric analysis.

Essays In The Fundamental Theory Of Monetary Economics And Macroeconomics
Essays In The Fundamental Theory Of Monetary Economics And Macroeconomics

Author: John Smithin

Publisher: World Scientific Publishing Company

Published: 2013-06-27

Total Pages: 341

ISBN-13: 9814525294

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This book provides a comprehensive overview, in the form of eight long essays, of the evolution of monetary theory over the three-quarters of century, from the time of Keynes to the present day. The essays are originally based on lecture notes from a graduate course on Advanced Monetary Economics offered at York University, Toronto, written in the style of academic papers. The essays are mathematical in method — but also take a historical perspective, tracing the evolution of monetary thought through the Keynesian model, the monetarist model, new classical model, etc, up to and including the neo-Wickesellian models of the early 21st century. The book will be an essential resource for both graduate and advanced undergraduate students in economics, as well as for individual researchers seeking basic information on the theoretical background of contemporary debates.

Alternative Approaches in Macroeconomics
Alternative Approaches in Macroeconomics

Author: Philip Arestis

Publisher: Springer

Published: 2018-02-07

Total Pages: 373

ISBN-13: 3319696769

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This book honours Professor John McCombie’s retirement by exploring a variety of themes, theories and debates in non-orthodox macroeconomics. With contributions from leading scholars, the book covers diverse ground in economic thought, policy, empirical work and modelling. It demonstrates ongoing presumptions and asks probing questions of topical questions from the increase of income equality to the international variation of productivity investment. This collection will appeal to academics and students with an interest in the history of macroeconomic thinking.