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Book
How the economy works : confidence, crashes and self-fulfilling prophecies
Author:
ISBN: 9780195397918 0195397916 0199360308 9786612543760 0199745366 1282543768 9780199745364 0199756376 Year: 2010 Publisher: Oxford ; New York, NY : Oxford University Press,

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""Of all the economic bubbles that have been pricked,"" the editors of The Economist recently observed, ""few have burst more spectacularly than the reputation of economics itself."" Indeed, the financial crisis that crested in 2008 destroyed the credibility of the economic thinking that had guided policymakers for a generation. But what will take its place? In How the Economy Works, one of our leading economists provides a jargon-free exploration of the current crisis, offering a powerful argument for how economics must change to get us out of it. Roger E. A. Farmer traces the swings between


Book
Expectations, employment and prices
Author:
ISBN: 0195397908 9780195397901 9786612500930 0199741549 1282500937 9780199741540 Year: 2010 Publisher: New York : Oxford University Press,

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Expectations, Employment and Prices brings Keynesian economics into the 21st century by providing a new paradigm that explains how high unemployment could potentially persist forever without a little help from the government. The book fills in logical gaps that were missing from Keynes' General Theory of Employment Interest and Money by reconciling some of its key ideas with modern economic theory. Central bankers throughout the world are talking now about developing a second instrument of monetary policy in addition to controlling the interest rate. This book directly addresses this issue and

Keywords

Unemployment --- Capital market --- Equilibrium (Economics) --- Rational expectations (Economic theory) --- Econometric models --- Effect of monetary policy on --- AA / International- internationaal --- 330.3 --- 331.01 --- 331.062 --- 331.31 --- 332.620 --- 333.846.2 --- 333.846.4 --- Methode in staathuishoudkunde. Statische, dynamische economie. Modellen. Experimental economics. --- Evolutie van de economische cycli. --- Anticyclisch beleid. Rational expectations. --- Economisch beleid. --- Werkloosheid: algemeenheden. Philipscurve. --- Verband tussen de geld-, bank- en kredietpolitiek en de prijzen. --- Verband tussen de geld-, bank- en kredietpolitiek en de productie en werkgelegenheid. --- Capital market. --- Econometric models. --- Effect of monetary policy on. --- -Unemployment --- -Capital market --- -Equilibrium (Economics) --- -Rational expectations (Economic theory) --- -331.137 --- Expectations, Rational (Economic theory) --- Economic forecasting --- Time and economic reactions --- Uncertainty --- Disequilibrium (Economics) --- Economic equilibrium --- General equilibrium (Economics) --- Partial equilibrium (Economics) --- Economics --- Stagnation (Economics) --- Statics and dynamics (Social sciences) --- Capital markets --- Market, Capital --- Finance --- Financial institutions --- Loans --- Money market --- Securities --- Crowding out (Economics) --- Efficient market theory --- Joblessness --- Employment (Economic theory) --- Full employment policies --- Labor supply --- Manpower policy --- Right to labor --- Underemployment --- -Electronic information resources --- Electronic information resources --- E-books --- Equilibrium (Economics). --- Rational expectations (Economic theory). --- Monetary policy --- DGE (Economics) --- DSGE (Economics) --- Dynamic stochastic general equilibrium (Economics) --- SDGE (Economic theory) --- Methode in staathuishoudkunde. Statische, dynamische economie. Modellen. Experimental economics --- Evolutie van de economische cycli --- Anticyclisch beleid. Rational expectations --- Economisch beleid --- Werkloosheid: algemeenheden. Philipscurve --- Verband tussen de geld-, bank- en kredietpolitiek en de prijzen --- Verband tussen de geld-, bank- en kredietpolitiek en de productie en werkgelegenheid --- Unemployment - Econometric models --- Unemployment - Effect of monetary policy on


Book
Macroeconomics in the small and the large : essays on microfoundations, macroeconomic applications and economic history in honour of Axel Leijonhufvud.
Author:
ISBN: 1848440464 9781848440463 Year: 2008 Publisher: Cheltenham Elgar


Book
Prosperity for all : how to prevent financial crises
Author:
ISBN: 9780190621438 0190621435 Year: 2017 Publisher: New York (N. Y.): Oxford university press,

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"A discussion of the global economy"-- " In the aftermath of the 2008 financial crisis, economists around the world have advanced theories to explain the persistence of high unemployment and low growth rates. According to Roger E. A. Farmer, these theories can be divided into two leading schools of thought: the ideas of pre-Keynesian scholars who blame the recession on bad economic policy, and the suggestions of "New Keynesian" scholars who propose standard modifications to select assumptions of Keynes' General Theory. But Farmer eschews both these schools of thought, arguing instead that in order to mitigate current financial crises-and prevent future ones-macroeconomic theory must become attuned to present-day conditions. Governments need to intervene in asset markets in a manner similar to the recent behavior of central banks, and principal actors in the international economy need to pursue financial stability. The primary mechanism for securing such stability would be for sovereign nations to create sovereign wealth funds backed by the present value of future tax revenues. These funds would function along the lines in which exchange-traded funds currently operate, and in time, they would become the backbone for stabilizing financial markets. Written in clear, accessible language by a prominent macroeconomic theorist, Prosperity for All proposes a paradigm shift and policy changes that could successfully raise employment rates, keep inflation at bay, and stimulate growth. "--


Book
Does Fiscal Policy Matter? Blinder and Solow Revisited
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Year: 2010 Publisher: Cambridge, Mass. National Bureau of Economic Research

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Book
Animal Spirits, Persistent Unemployment and the Belief Function
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Year: 2010 Publisher: Cambridge, Mass. National Bureau of Economic Research

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Book
Fiscal Policy Can Reduce Unemployment: But There is a Less Costly and More Effective Alternative
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Year: 2009 Publisher: Cambridge, Mass. National Bureau of Economic Research

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