Business Cycle Dynamics and Stabilization Policies: A Keynesian Approach: 15 (Advances in Japanese Business and Economics, 15) - Image 1

£66.89

Springer Business Cycle Dynamics and Stabilization Policies: A Keynesian Approach: 15 (Advances in Japanese Business and Economics, 15)

Name: Business Cycle Dynamics and Stabilization Policies: A Keynesian Approach: 15 (Advances in Japanese Business and Economics, 15)
Brand: Springer
Price: 67.92 GBP
Availability: InStock

White

Econometrics

Price History & Forecast

Last 29 days • 29 data points (No recent data available)

Historical

Generating forecast...

Price Distribution

Price distribution over 29 days • 2 price levels

Days at Price

Current Price

Price Analysis

Most common price: £68 (22 days, 75.9%)

Price range: £67 - £68

Price levels: 2 different prices over 29 days

Description

Product Description This monograph is devoted to the analysis of the dynamics of business cycles and stabilization policies. The analysis is conducted in models of the AS-AD type, focusing on involuntary unemployment and capital accumulation. Major conclusions are the following. (1) Sectoral imbalances, once emphasized by such business-cycle theorists as K. Marx, A. Spiethoff, and F.A. Hayek, are rectified in finite time by competitive investment allocation, leaving aggregate variables as the main variables of business cycle dynamics. (2) The chronology of events during a cycle is established, which resolves the so-called real wage puzzle. (3) Owing to the crowding-out effect on investment, fiscal stabilization policies can destabilize the business cycle dynamics if implemented too intensively. (4) If coordinated properly, monetary stabilization policies can remove the destabilizing tendency of fiscal stabilization policies. From the Back Cover This monograph is devoted to the analysis of the dynamics of business cycles and stabilization policies. The analysis is conducted in models of the AS-AD type, focusing on involuntary unemployment and capital accumulation. Major conclusions are the following. (1) Sectoral imbalances, once emphasized by such business-cycle theorists as K. Marx, A. Spiethoff, and F.A. Hayek, are rectified in finite time by competitive investment allocation, leaving aggregate variables as the main variables of business cycle dynamics. (2) The chronology of events during a cycle is established, which resolves the so-called real wage puzzle. (3) Owing to the crowding-out effect on investment, fiscal stabilization policies can destabilize the business cycle dynamics if implemented too intensively. (4) If coordinated properly, monetary stabilization policies can remove the destabilizing tendency of fiscal stabilization policies.

Product Specifications

Brand: Springer
Colour: White
Format: Paperback
ASIN: 9811097844
Category: Books > Subjects > Business, Finance & Law > Economics > Econometrics
Domain: Amazon UK
Release Date: 29 July 2018
Listed Since: 30 July 2018

Barcode

No barcode data available

Springer Business Cycle Dynamics and Stabilization Policies: A Keynesian Approach: 15 (Advances in Japanese Business and Economics, 15)

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

Business Cycle Dynamics and Stabilization Policies: A Keynesian Approach: 15 (Advances in Japanese Business and Economics, 15)

Monetary Macrodynamics: 127 (Routledge Frontiers of Political Economy)

Macroeconomic Fluctuations and Policies

Essays in Economic Dynamics: Theory, Simulation Analysis, and Methodological Study

Business Fluctuations and Long-Phased Cycles in High Order Macrosystems

Economic Instability and Stabilization Policy: On the Path from Crises to State Directed Economies

An Artificial Wicksell―Keynes Macroeconomy: Integrating Business Cycle and Cumulative Process

Modeling Economic Instability: A History of Early Macroeconomics (Springer Studies in the History of Economic Thought)

Japan’s Lost Decade: Lessons for Asian Economies (ADB Institute Series on Development Economics)

Money: Theory and Practice (Springer Texts in Business and Economics)

Growth and Business Cycles with Equilibrium Indeterminacy: 13 (Advances in Japanese Business and Economics, 13)

Economic Growth: Theory and Numerical Solution Methods (Springer Texts in Business and Economics)

An Encyclopedia of Keynesian Economics, Second edition

Macroeconomics of Growth Cycles and Financial Instability (New Directions in Modern Economics series)

Frontiers of Business Cycle Research

Business Cycles: Part I (The Collected Works of F.A. Hayek)

Business Cycle Fluctuations and Economic Policy

Springer - Business Cycles and Macroeconomic Stability Book

Asset Markets, Portfolio Choice and Macroeconomic Activity: A Keynesian Perspective

The Theory of Accumulation: A Marxian Approach to the Dynamics of Capitalist Economy (Kobe University Monograph Series in Social Science Research)

The Theory of Accumulation: A Marxian Approach to the Dynamics of Capitalist Economy (Kobe University Monograph Series in Social Science Research)

China’s Monetary Policy Regulation and Financial Risk Prevention: The Study of Effectiveness and Appropriateness

Business Cycles: The Nature and Causes of Economic Fluctuations (Praeger Series in Political)

Foundations for a Disequilibrium Theory of the Business Cycle: Qualitative Analysis and Quantitative Assessment