Money Employment and Inflation (häftad)
Format
Häftad (Paperback)
Språk
Engelska
Antal sidor
280
Utgivningsdatum
2008-07-01
Förlag
Cambridge University Press
Medarbetare
Grossman, Herschel I.
Illustratör/Fotograf
Illustrations
Illustrationer
Illustrations
Dimensioner
229 x 152 x 16 mm
Vikt
413 g
Antal komponenter
1
Komponenter
2:B&W 6 x 9 in or 229 x 152 mm Perfect Bound on Creme w/Gloss Lam
ISBN
9780521068659

Money Employment and Inflation

Häftad,  Engelska, 2008-07-01
528
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This is a textbook on macroeconomic theory that attempts to rework the theory of macroeconomic relations through a re-examination of their microeconomic foundations. In the tradition of Keynes's General Theory of Employment, Interest and Money (published in 1936), and Patinkin's Money, Interest, and Prices, published in 1956 and revised in 1965, this book represents a third generation of macroeconomic theory. This book presents a comprehensive choice-theoretic analysis of the determination of the level of employment and the rate of inflation. A central feature of the book is the recasting of macroeconomic analysis in terms of a theory of exchange under non-market-clearing conditions. In addition, the analysis incorporates other aspects of the current reformulation of macroeconomic theory, including the relation between inflationary expectations, rates of return, and unemployment, the dynamics of aggregate demand, and the significance of incomplete information regarding the spatial distribution of wages and prices.
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Innehållsförteckning

1. The basic model; 2. Output and employment under non market-clearing conditions; 3. Capital, financial assets and the rate of return; 4. Inflation and the rates of return; 5. Inflation and unemployment; 6. The dynamics of aggregate demand; 7. Output and employment with wage and price speculation.