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Rethinking the Keynesian Revolution: Keynes, Hayek, and the Wicksell Connection

Tyler Beck Goodspeed

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199846658
eISBN:
9780199950126
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199846658.001.0001
Subject:
Economics and Finance, Economic Systems

While standard accounts of the theoretical debates in 1930s economic thought invariably pit John Maynard Keynes against Friedrich von Hayek, this reflexive dichotomy is in many respects exceedingly ... More


Computational Methods for the Study of Dynamic Economies

Ramon Marimon and Andrew Scott (eds)

Published in print:
2001
Published Online:
November 2003
ISBN:
9780199248278
eISBN:
9780191596605
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0199248273.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

Macroeconomics increasingly uses stochastic dynamic general equilibrium models to understand theoretical and policy issues. Unless very strong assumptions are made, understanding the properties of ... More


Separability and Aggregation: The Collected Works of W. M. Gorman, Volume I

W. M. Gorman

C. Blackorby and A. F. Shorrocks (eds)

Published in print:
1996
Published Online:
November 2003
ISBN:
9780198285212
eISBN:
9780191596322
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0198285213.001.0001
Subject:
Economics and Finance, Microeconomics

W. M. (Terence) Gorman has been a major figure in the development of economics during the past 40 years. His publications on separability, aggregation, duality, and the modelling of consumer demand ... More


Dynamic Economics: Optimization by the Lagrange Method

Gregory C. Chow

Published in print:
1997
Published Online:
October 2011
ISBN:
9780195101928
eISBN:
9780199855032
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195101928.001.0001
Subject:
Economics and Finance, Financial Economics

This work provides a unified and simple treatment of dynamic economics using dynamic optimization as the main theme, and the method of Lagrange multipliers to solve dynamic economic problems. The ... More


It's Not Over: Structural Drivers of the Global Economic Crisis

Rohit

Published in print:
2013
Published Online:
January 2013
ISBN:
9780198088417
eISBN:
9780199082292
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198088417.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

Why is the world economy in such turmoil? This is a question which has implications not just for the economics discipline but also the lives of millions of working people across the world. That it ... More


Remembering Inflation

Brigitte Granville

Published in print:
2013
Published Online:
October 2017
ISBN:
9780691145402
eISBN:
9781400846443
Item type:
book
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691145402.001.0001
Subject:
Business and Management, Finance, Accounting, and Banking

Today's global economy, with most developed nations experiencing very low inflation, seems a world apart from the “Great Inflation” that spanned the late 1960s to early 1980s. Yet, this book makes ... More


Rational Expectations and Inflation

Thomas J. Sargent

Published in print:
2013
Published Online:
October 2017
ISBN:
9780691158709
eISBN:
9781400847648
Item type:
book
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691158709.001.0001
Subject:
Economics and Finance, Economic History

This collection of essays uses the lens of rational expectations theory to examine how governments anticipate and plan for inflation, and provides insight into the pioneering research for which the ... More


Economic Changes, Vulnerabilities, and Institutional Capabilities

Fritz W. Scharpf

in Welfare and Work in the Open Economy Volume I: From Vulnerability to Competitiveness in Comparative Perspective

Published in print:
2000
Published Online:
November 2003
ISBN:
9780199240883
eISBN:
9780191600173
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199240884.003.0002
Subject:
Political Science, Comparative Politics

The chapter examines the common pressures on employment and the welfare state that originated from changes in the international economic environment after the early 1970s, and it relates these to ... More


Recursive Models of Dynamic Linear Economies

Lars Peter Hansen and Thomas J. Sargent

Published in print:
2013
Published Online:
October 2017
ISBN:
9780691042770
eISBN:
9781400848188
Item type:
book
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691042770.001.0001
Subject:
Economics and Finance, History of Economic Thought

A common set of mathematical tools underlies dynamic optimization, dynamic estimation, and filtering. This book uses these tools to create a class of econometrically tractable models of prices and ... More


Understanding Global Crises: An Emerging Paradigm

Assaf Razin

Published in print:
2015
Published Online:
May 2016
ISBN:
9780262028592
eISBN:
9780262327701
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262028592.001.0001
Subject:
Economics and Finance, International

This book aims at parsing and explaining some key forces that feature in every one of the global and regional financial crises and monetary crises that erupted in the world economy over the past ... More


Introduction

Giorgia Brunello, Pietro Garibaldi, and Etienne Wasmer

in Education and Training in Europe

Published in print:
2007
Published Online:
September 2007
ISBN:
9780199210978
eISBN:
9780191705786
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199210978.003.0001
Subject:
Economics and Finance, Public and Welfare

This introduction provides an overview of the macroeconomics of education in Europe. Most of the bigger countries in Europe, including France, Germany, Italy, Spain, and Poland, have relatively ... More


Investment-led Growth Cycles: A Preliminary Re-appraisal of Taylor-type Monetary Policy Rules

Soumya Datta

in Dimensions of Economic Theory and Policy: Essays for Anjan Mukherji

Published in print:
2011
Published Online:
September 2012
ISBN:
9780198073970
eISBN:
9780199081615
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198073970.003.0010
Subject:
Economics and Finance, Microeconomics

In recent years, a new consensus in macroeconomics, both at the levels of academic research and policy formulation, has emerged: ‘New Consensus in Macroeconomics (NCM)’, also known as ‘New Keynesian ... More


External Liberalization in Asia, Post-Socialist Europe, and Brazil

Lance Taylor (ed.)

Published in print:
2006
Published Online:
May 2007
ISBN:
9780195189322
eISBN:
9780199783823
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195189322.001.0001
Subject:
Economics and Finance, International

This book reviews the experience of fourteen countries with external liberalization and related policies. It is based on papers written by national authors following a common macroeconomic ... More


Zimbabwe: Economic Adjustment, Income Distribution and Trade Liberalization *

Rob Davies and Jørn Rattsø

in External Liberalization, Economic Performance and Social Policy

Published in print:
2001
Published Online:
September 2007
ISBN:
9780195145465
eISBN:
9780199783960
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195145465.003.0011
Subject:
Economics and Finance, International

The liberalization process in Zimbabwe is described in the first main section of this chapter, and the next section offers a stylized theory of trade liberalization effects in Africa based on the ... More


Colombia: Structural Adjustment, Macroeconomics and Equity

José Antonio Ocampo and Camilo Tovar

in External Liberalization, Economic Performance and Social Policy

Published in print:
2001
Published Online:
September 2007
ISBN:
9780195145465
eISBN:
9780199783960
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195145465.003.0004
Subject:
Economics and Finance, International

This chapter analyzes the link between structural adjustment, macroeconomic performance, and social indicators in Colombia. The first two sections briefly overview structural reforms, the evolution ... More


Cuba: External Opening, Labor Market and Inequality of Labor Incomes

Angela Ferriol Muruaga

in External Liberalization, Economic Performance and Social Policy

Published in print:
2001
Published Online:
September 2007
ISBN:
9780195145465
eISBN:
9780199783960
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195145465.003.0005
Subject:
Economics and Finance, International

The external opening that took place in the Cuban economy in the 1990s has unique characteristics that differentiate it from the experience of other countries: the Cuban opening was accompanied by a ... More


South Korea: Economic and Social Consequences of Globalization

Jong‐Ii You and Ju‐Ho Lee

in External Liberalization, Economic Performance and Social Policy

Published in print:
2001
Published Online:
September 2007
ISBN:
9780195145465
eISBN:
9780199783960
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195145465.003.0009
Subject:
Economics and Finance, International

Only a while ago, the South Korean economy was the envy of the developing world, and its success was scrutinized by numerous analysts, with most agreeing that the secret of this success was a ... More


 Opening Up the Hungarian Economy: Conditions and Consequences of Liberalizing Trade and Capital Flows in Hungary: Conditions and Consequences of Liberalizing Trade and Capital Flows in Hungary

Gábor Oblath

in External Liberalization in Asia, Post-Socialist Europe, and Brazil

Published in print:
2006
Published Online:
May 2007
ISBN:
9780195189322
eISBN:
9780199783823
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195189322.003.0004
Subject:
Economics and Finance, International

This chapter addresses issues related to trade (current account) liberalization in Hungary. An overview of the main issues related to external economic liberalization is presented, focusing on trade ... More


 A Decade of Reforms: The Indian Economy in the 1990s

J. Mohan Rao and Amitava Krishna Dutt

in External Liberalization in Asia, Post-Socialist Europe, and Brazil

Published in print:
2006
Published Online:
May 2007
ISBN:
9780195189322
eISBN:
9780199783823
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195189322.003.0005
Subject:
Economics and Finance, International

This chapter examines changes in the Indian economy in the 1990s and evaluates the diverse views about India's globalizing reforms. Section 2 examines the content of the reforms undertaken, clarifies ... More


 External Liberalization, Growth, and Distribution: The Polish Experience

Leon Podkaminer

in External Liberalization in Asia, Post-Socialist Europe, and Brazil

Published in print:
2006
Published Online:
May 2007
ISBN:
9780195189322
eISBN:
9780199783823
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195189322.003.0010
Subject:
Economics and Finance, International

This chapter examines the effects of external liberalization in Poland. It begins with a discussion of a general macroeconomic history of Poland. Section 2 discusses distribution and inequality. ... More


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