The Open Economy Macromodel: Past, Present and Future

The Open Economy Macromodel: Past, Present and Future

Author: Arie Arnon

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 347

ISBN-13: 1461510759

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The impetus for the conference that was the basis for this volume emanated from the influence of two brilliant minds-Egon Sohmen and Adam Klug, who both died at an early age, leaving their families and the professions of economics and economic history with major voids. In the course of research on the origins of Open Economy Macroeconomics, the significant contributions of Egon Sohmen came to the fore. After correspondence with some of those involved in the early development of the Open Economy Macromodel, we turned to Adam Klug for his views on the matter-as he had dealt with the history of intertemporal trade models in his Ph. D. thesis. And it was Adam who suggested the idea of a conference bringing together economists and economic historians. At this point we want to acknowledge the very generous grant from the Egon Sohmen Foundation and the active participation of Dr. Helmut Sohmen and Mrs. Renee Sohmen at the conference. We also want to thank Prof. Sir Aaron Klug, Nobel Laureate, and the Klug family for their support and the financial contribution of the Adam Klug Memorial Lecture Fund at Ben Gurion University. Other institutions that contributed to the conference were the Gianni Foundation; Bank of Israel; University of North Carolina; Department of Economics, Faculty of Social Science and Aharon Meir Center for Banking, Bar Ilan University; Department of Economics and Faculty of Social Science, Ben-Gurion University of the Negev.


Treasonable Doubt

Treasonable Doubt

Author: R. Bruce Craig

Publisher:

Published: 2004

Total Pages: 472

ISBN-13:

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Armed with a wealth of new information, Craig examines the controversial 1948 allegations that Communist spies had penetrated the American government, and explores the "ambiguities" that have haunted it for more than half a century.


The IS-LM Model

The IS-LM Model

Author: Michel de Vroey

Publisher: History of Political Economy A

Published: 2004

Total Pages: 358

ISBN-13:

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For some twenty-five years after the end of the Second World War, the IS-LM model dominated macroeconomics. Inspired by the work of John Maynard Keynes, this model demonstrates the relationship among savings, income, investments, and interest rates, showing the point at which the interaction of these elements produces "equilibrium" in an economy. With the advent of the new classical macroeconomics in the early 1970s, the dominance of the IS-LM model was effectively challenged. While no longer central to the graduate training of most macroeconomists or to cutting-edge macroeconomic research, the IS-LM model continues to be a mainstay of undergraduate textbooks, to find wide use in applied macroeconomics, and to lie at the conceptual core of most government and commercial macroeconometric models. This volume, the annual supplement to History of Political Economy, explores the rise, the fall, and the persistence of the IS-LM model. In addition to presenting papers from the History of Political Economy conference held at Duke University in April 2003, the volume includes the text of an address delivered at the conference by Nobel laureate Robert E. Lucas Jr., one of the central players in the intellectual movement that dethroned the IS-LM model. Contributors. Roger E. Backhouse, Mauro Boianovsky, Michael Bordo, David Colander, William Darity Jr., Michel De Vroey, Robert W. Dimand, Kevin D. Hoover, David Laidler, Robert E. Lucas Jr., Edward Nelson, Goulven Rubin, Anna Schwartz, Scott Sumner, Warren Young


International Finance And Open-economy Macroeconomics: Theory, History, And Policy (2nd Edition)

International Finance And Open-economy Macroeconomics: Theory, History, And Policy (2nd Edition)

Author: Hendrik Van Den Berg

Publisher: World Scientific Publishing Company

Published: 2016-02-22

Total Pages: 987

ISBN-13: 9814651184

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International Finance and Open-Economy Macroeconomics provides a complete theoretical, historical, and policy-focused account of the international financial system that covers all of the standard topics, such as foreign exchange markets, balance of payments accounting, macroeconomic policy in an open economy, exchange rate crises, multinational enterprises, and international financial markets. The book uses the 1944 Bretton Woods Conference as a unifying theme to relate the many controversial issue. It is written in a lively manner to bring real world events into the discussion of all of the concepts, topics, and policy issues. There is also emphasis on the history of economic thought in order to explain how economists in different time periods dealt with international financial issues.


Fabricating the Keynesian Revolution

Fabricating the Keynesian Revolution

Author: David Laidler

Publisher: Cambridge University Press

Published: 1999-03-28

Total Pages: 404

ISBN-13: 9780521645966

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Examining the emergence, in the inter-war years, of what came to be called 'Keynesian macroeconomics'.


Exchange-Rate Regimes and Capital Flows

Exchange-Rate Regimes and Capital Flows

Author: George S. Tavlas

Publisher: SAGE Publications, Incorporated

Published: 2002

Total Pages: 308

ISBN-13:

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Recent international financial crises have brought the issue of reforming the international financial system to the forefront of debates. Is the current international monetary system a sufficient foundation? Or do the recent crises indicate that the current architecture is inadequate? This issue of The Annals takes stock of both arguments and presents positions held both by leading proponents of reform and to leading proponents of the existing architecture. It reviews the core of the debate: · reform of the exchange rate arrangements · the role of the International Monetary Fund · and the role of the private sector in crisis resolution. Presenting a wide spectrum of viewpoints and reviewing the lessons learned from recent financial crises, the exchange rate debate is placed in a clear context, making this critical issue more accessible.


Economic Policy

Economic Policy

Author: Jim Tomlinson

Publisher:

Published: 2004

Total Pages: 280

ISBN-13: 9780719045875

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Documentary focusing on the legendary Goodwood Motor Circuit, a high-speed track which started out as the perimeter of an RAF base during World War II. The programme covers Goodwood's history from its creation through to the present day.