Selected Essays on the Dynamics of the Capitalist Economy 1933-1970
Author: Michal Kalecki
Publisher: CUP Archive
Published: 1971-01-02
Total Pages: 216
ISBN-13: 9780521079839
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Dynamic Perspectives on Managerial Decision Making
Author: Herbert Dawid
Publisher: Springer
Published: 2016-09-15
Total Pages: 518
ISBN-13: 3319391208
DOWNLOAD EBOOKThis volume collects research papers addressing topical issues in economics and management with a particular focus on dynamic models which allow to analyze and foster the decision making of firms in dynamic complex environments. The scope of the contributions ranges from daily operational challenges firms face to strategic choices in dynamic industry environments and the analysis of optimal growth paths. The volume also highlights recent methodological developments in the areas of dynamic optimization, dynamic games and meta-heuristics, which help to improve our understanding of (optimal) decision making in a fast evolving economy.
Money, Macroeconomics, and Economic Policy
Author: William C. Brainard
Publisher: MIT Press
Published: 1991
Total Pages: 392
ISBN-13: 9780262023252
DOWNLOAD EBOOKThese original contributions celebrate and extend Tobin's contributions to macroeconomics, international economics, finance, and economic policy.
The Theory of Money and Financial Institutions
Author: Martin Shubik
Publisher: MIT Press
Published: 1999
Total Pages: 472
ISBN-13: 9780262693110
DOWNLOAD EBOOKThis 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.
The Effectiveness of Fiscal Policy in Stimulating Economic Activity
Author: Richard Hemming
Publisher: International Monetary Fund
Published: 2002-12
Total Pages: 62
ISBN-13:
DOWNLOAD EBOOKThis paper reviews the theoretical and empirical literature on the effectiveness of fiscal policy. The focus is on the size of fiscal multipliers, and on the possibility that multipliers can turn negative (i.e., that fiscal contractions can be expansionary). The paper concludes that fiscal multipliers are overwhelmingly positive but small. However, there is some evidence of negative fiscal multipliers.
Coordination of Monetary and Fiscal Policies
Author: International Monetary Fund
Publisher: International Monetary Fund
Published: 1998-03-01
Total Pages: 33
ISBN-13: 1451844239
DOWNLOAD EBOOKRecently, monetary authorities have increasingly focused on implementing policies to ensure price stability and strengthen central bank independence. Simultaneously, in the fiscal area, market development has allowed public debt managers to focus more on cost minimization. This “divorce” of monetary and debt management functions in no way lessens the need for effective coordination of monetary and fiscal policy if overall economic performance is to be optimized and maintained in the long term. This paper analyzes these issues based on a review of the relevant literature and of country experiences from an institutional and operational perspective.
Economic Dynamics
Author: Roy Harrod
Publisher: Springer
Published: 1973-06-18
Total Pages: 201
ISBN-13: 1349016969
DOWNLOAD EBOOKFinance & Development, September 2014
Author: International Monetary Fund. External Relations Dept.
Publisher: International Monetary Fund
Published: 2014-08-25
Total Pages: 60
ISBN-13: 1475566980
DOWNLOAD EBOOKThis chapter discusses various past and future aspects of the global economy. There has been a huge transformation of the global economy in the last several years. Articles on the future of energy in the global economy by Jeffrey Ball and on measuring inequality by Jonathan Ostry and Andrew Berg are also illustrated. Since the 2008 global crisis, global economists must change the way they look at the world.
Principles of Budgetary and Financial Policy
Author: Willem H. Buiter
Publisher:
Published: 1990
Total Pages: 482
ISBN-13:
DOWNLOAD EBOOKA Study in Public Finance
Author: A. C. Pigou
Publisher: Read Books Ltd
Published: 2013-03-06
Total Pages: 357
ISBN-13: 1447487869
DOWNLOAD EBOOKThis antiquarian book contains a comprehensive treatise on the topic of public finance, with information on taxation, employment, wages, and much more. This is a text that will be of considerable utility to those with an interest in the history and development of modern economical practices, and will make for a valuable addition to collections of allied literature. The chapters of this book include: 'Principles of Compensation', 'Non-transfer and Transfer Expenditures by Government Authorities', 'The Finance of Business Undertakings Operated by Public Authorities', 'The Range Of Government Expenditure', 'The Place of Loans Other than War Loans in Public Finance', and more. We are republishing this volume now in an affordable, modern edition complete with a specially commissioned biography of Arthur Cecil Pigou.
