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      1. Ekonomi och Ledarskap
      2. Nationalekonomi
      3. Makroekonomi

      Complexity, Endogenous Money and Macroeconomic Theory

      Essays in Honour of Basil J. Moore

      AvMark Setterfield

      Inbunden, Engelska, 2006

      2 653 kr

      Beställningsvara. Skickas inom 5-8 vardagar. Fri frakt över 249 kr.

      Beskrivning

      During a distinguished career, Basil Moore has made numerous important contributions to macroeconomics and monetary economics, and is renowned as the progenitor of the 'horizontalist' analysis of endogenous money. More recently, he has embraced complexity theory as part of an ongoing effort to understand macroeconomics as an evolving, path-dependent process. This book celebrates and explores Basil Moore's interests in and contributions to monetary and macroeconomic theory. Complexity, Endogenous Money and Macroeconomic Theory features original essays by internationally acclaimed and expert authors. It comprises a selection of papers on five distinct but interrelated themes: economic concepts, tools and methodology; complexity, uncertainty and path dependence; the macroeconomics of endogenous money; the macroeconomics of exogenous interest rates; and unemployment, inflation and the determination of aggregate income. These papers combine to provide a comprehensive methodological and theoretical discussion of the macroeconomics of a monetary-production economy.The book will be of interest to professionals and research students in the fields of macroeconomics and monetary economics - especially those with an interest in the Post Keynesian approach to analyzing these fields, including the wide audience that has been reached by the contributions of Basil Moore himself.

      Produktinformation

      • Utgivningsdatum:2006-09-27
      • Mått:156 x 234 x undefined mm
      • Format:Inbunden
      • Språk:Engelska
      • Förlag:Edward Elgar Publishing Ltd
      • ISBN:9781843769873

      Utforska kategorier

      • Makroekonomi inom Ekonomi och Ledarskap

      Mer om författaren

      Edited by Mark Setterfield, New School for Social Research, New York, US

      Recensioner i media

      'That the chapters in the volume cover such a wide range of important, often fundamental, topics is a proper tribute to Basil Moore's influence and contributions over his working life.'

      Innehållsförteckning

      • Contents:Foreword by G.C. HarcourtPrefaceA Tribute to Basil J. Moore and an Introduction to Complexity, Endogenous Money and Macroeconomic TheoryMark SetterfieldPART I: ECONOMIC CONCEPTS, TOOLS, AND METHODOLOGY1. Accounting Identities: More Than Just Bookkeeping ConventionsClaude Gnos2. The Need and Some Methods for Dynamic Modelling in Post Keynesian EconomicsSteve KeenPART II: COMPLEXITY, UNCERTAINTY AND PATH DEPENDENCE3. The Complex Problem of Modelling Economic ComplexityRichard Day4. Complex Dynamics and Post Keynesian EconomicsJ. Barkley Rosser, Jr.5. Corridor of Viability: Complexity Analysis for Enterprise and InvestmentJerry Courvisanos and Colin Richardson6. Effective Demand and Endogenous Money in a Path-Dependent Economy: Towards a ‘Moorian’ Credit Supply Curve – and a Reconciliation between Horizontalists and Structuralists?Mark SetterfieldPART III: THE MACROECONOMICS OF ENDOGENOUS MONEY7. Exogenous versus Endogenous Money: The Conceptual FoundationsPaul Davidson8. The Endogeneity of Money and the Eurosystem: A Contribution to the Theory of Central BankingOtto Steiger9. Endogenous Money, Central Banks and the Banking System: Basil Moore and the Supply of CreditLouis-Philippe Rochon10. The Demand for Endogenous Money: A Lesson in Institutional ChangePeter Howells11. Tax-driven Money: Additional Evidence from the History of Economic Thought, Economic History and Economic Policy Mathew Forstater12. Monetary Policy when Money is Endogenous Philip Arestis and Malcolm Sawyer13. ICT, Financial Innovation and Monetary Policy: Some Critical ConsiderationsClaudio Sardoni14. Features of a Realistic Banking System within a Post-Keynesian Stock-flow Consistent ModelMarc Lavoie and Wynne GodleyPART IV: THE MACROECONOMICS OF EXOGENOUS INTEREST RATES15. When are Interest Rates Exogenous?L. Randall Wray16. Exogenous Interest Rates and Modern Monetary Theory and Policy: Moore in Perspective Colin Rogers17. Gradualism in the Adjustment of Official Interest Rates: Some Partial ExplanationsCharles GoodhartPART V: UNEMPLOYMENT, INFLATION AND THE DETERMINATION OF AGGREGATE INCOME18. Limitations to Keynesian Demand Management through Monetary Policy: Whither Cartesian Policy Control?Arne Heise19. Telling Better Stories in Macroeconomic Textbooks: Monetary Policy, Endogenous Money and Aggregate DemandGiuseppe Fontana20. Institutionalist-Post Keynesian Economics and the Post Monetarist New ConsensusChris Niggle21. A Future for Keynesian MacroeconomicsWendy Cornwall and John Cornwall Selected Works by Basil J. MooreIndex
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