Equilibrium and Disequilibrium in Economic Theory

Equilibrium and Disequilibrium in Economic Theory

Author: G. Schwödiauer

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 768

ISBN-13: 9401011559

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This volume is the result of a conference held at the Institute for Advanced Studies, Vienna. There is still a gap reflected both in fundamental meth odological differences and in the style of analysis between the Walrasian (and Edgeworthian) tradition of general equilibrium theory and the theo retical and policy problems raised in the framework of Keynesian and post-Keynesian macroeconomics. The conference succeeded in bringing together economic theorists working in fields ranging from abstract prob lems of mathematical equilibrium analysis to applied macroeconomic theory, and it is hoped that the present volume will contribute to bridging the above-mentioned hiatus. As organizer of the meeting and editor of its proceedings I want to thank the Institute for Advanced Studies for providing facilities and funds. I am also sincerely grateful to all my colleagues from the Institute for their generous help, in particular to Mrs Monika Herkner without whose assistance and organizational talent the conference would certainly not have been the success it in fact - in the opinion of all participants - turned out to have been. Furthermore, I wish to express my gratitude towards all participants in the meeting and contributors to the volume whose patient support of the whole enterprise proved indispensable. To Mrs Elfriede Auracher I am deeply indebted for her skillful and effective general management of the editorial work and her invaluable assistance in compiling the indexes.


Transforming Modern Macroeconomics

Transforming Modern Macroeconomics

Author: Roger E. Backhouse

Publisher: Cambridge University Press

Published: 2013

Total Pages: 239

ISBN-13: 110702319X

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Since the 1950s, macroeconomics has been transformed. This book is about one of the most important aspects of that transformation: the attempt, through the end of the twenty-first century and beyond, to construct macroeconomic models rigorously derived from models of individual firms and households.


Behavioral Economics and Its Applications

Behavioral Economics and Its Applications

Author: Peter Diamond

Publisher: Princeton University Press

Published: 2012-01-12

Total Pages: 331

ISBN-13: 1400829143

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In the last decade, behavioral economics, borrowing from psychology and sociology to explain decisions inconsistent with traditional economics, has revolutionized the way economists view the world. But despite this general success, behavioral thinking has fundamentally transformed only one field of applied economics-finance. Peter Diamond and Hannu Vartiainen's Behavioral Economics and Its Applications argues that behavioral economics can have a similar impact in other fields of economics. In this volume, some of the world's leading thinkers in behavioral economics and general economic theory make the case for a much greater use of behavioral ideas in six fields where these ideas have already proved useful but have not yet been fully incorporated--public economics, development, law and economics, health, wage determination, and organizational economics. The result is an attempt to set the agenda of an important development in economics--an agenda that will interest policymakers, sociologists, and psychologists as well as economists. Contributors include Ian Ayres, B. Douglas Bernheim, Truman F. Bewley, Colin F. Camerer, Anne Case, Michael D. Cohen, Peter Diamond, Christoph Engel, Richard G. Frank, Jacob Glazer, Seppo Honkapohja, Christine Jolls, Botond Koszegi, Ulrike Malmendier, Sendhil Mullainathan, Antonio Rangel, Emmanuel Saez, Eldar Shafir, Sir Nicholas Stern, Jean Tirole, Hannu Vartiainen, and Timothy D. Wilson.


The Changing Japanese Labor Market

The Changing Japanese Labor Market

Author: Akiomi Kitagawa

Publisher: Springer

Published: 2018-03-15

Total Pages: 196

ISBN-13: 9811071586

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This book reappraises the Japanese employment system, characterized by such practices as the periodic recruiting of new graduates, lifetime employment and seniority-based wages, which were praised as sources of high productivity and flexibility for Japanese firms during the period of high economic growth from the middle of the 1950s until the burst of bubbles in the early 1990s. The prolonged stagnation after the bubble burst induced an increasing number of people to criticize the Japanese employment system as a barrier to the structural changes needed to allow the economy to adjust to the new environment, with detractors suggesting that such a system only serves to protect the vested interests of incumbent workers and firms. By investigating what caused the long stagnation of the Japanese economy, this book examines the validity of this currently dominant view about the Japanese employment system. The rigorous theoretical and empirical analyses presented in this book provide readers with deep insights into the nature of the current Japanese labor market and its macroeconomic impacts.


Involuntary Unemployment

Involuntary Unemployment

Author: Michel de Vroey

Publisher: Psychology Press

Published: 2004

Total Pages: 315

ISBN-13: 0415407109

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This book tackles the issue of involuntary employment, examining the issue in the light of Keynesian and Post-Keynesian theory.


The Elements of Input-output Analysis

The Elements of Input-output Analysis

Author: William H. Miernyk

Publisher:

Published: 1965

Total Pages: 182

ISBN-13:

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Economic theory of input output analysis - covers methodology and applications (incl. In respect of economic planning, regional planning and the measurement of economic growth), and includes a chapter on the rudiments of Input-Output mathematics.