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Longrun Dynamics

Author : G. Snooks

Publisher : Springer

Page : 291 pages

File Size : 45,2 MB

Release : 1998-04-08

Category : Business & Economics

ISBN : 0230599397

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Book Description

Longrun Dynamics is a ground-breaking work that begins where the author's Economics without Time (1993) left off. It employs the inductive method proposed by J.S.Mill to develop a general dynamic theory that integrates the separate disciplines of economic growth, economic fluctuations, and political decision-making. The central feature of this general theory is dynamic demand, which provides both a realist form for the model and a new explanation of macroeconomics variables. The general theory also provides an entirely new basis for policy and is designed to counter the influence of neo-liberalism in economic theory.



Theory of Economic Dynamics

Author : Michal Kalecki

Publisher :

Page : 180 pages

File Size : 23,67 MB

Release : 2009

Category : Business cycles

ISBN : 9781583677254

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How Long is the Long Run? A Dynamic Analysis of the Spanish Business Cycle

Author : Ms.Stefania Fabrizio

Publisher : International Monetary Fund

Page : 32 pages

File Size : 30,1 MB

Release : 1997-06-01

Category : Business & Economics

ISBN : 1451849559

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Book Description

This paper studies the sources of Spanish business cycles. It assumes that Spanish output is affected by two types of shocks. The first one has permanent long-run effects on output and it is identified as a supply shock. The second one has only transitory effects on output and it is identified as a demand shock. Spain seems to have long business cycles, of about 15 years. As restrictive demand policies to control the inflation rate could prove painful and disappointing, supply side policies aimed at reducing rigidities in the product and labor market would be a better way to achieve the same objective.





Dynamic Forces in Capitalist Development

Author : Angus Maddison

Publisher : Oxford University Press, USA

Page : 398 pages

File Size : 31,31 MB

Release : 1991

Category : Business & Economics

ISBN :

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Book Description

An analysis of the nature of growth in 16 advanced capitalist countries which together account for half of world GDP, using a standardized framework of comparative growth accounts. The author identifies the causal factors reponsible for the unprecedented growth in these countries since 1820.



Recursive Methods in Economic Dynamics

Author : Nancy L. Stokey

Publisher : Harvard University Press

Page : 607 pages

File Size : 49,31 MB

Release : 1989-10-10

Category : Business & Economics

ISBN : 0674735188

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Book Description

This rigorous but brilliantly lucid book presents a self-contained treatment of modern economic dynamics. Stokey, Lucas, and Prescott develop the basic methods of recursive analysis and illustrate the many areas where they can usefully be applied.



Long-Run Exchange Rate Dynamics

Author : Mr.Karl Friedrich Habermeier

Publisher : International Monetary Fund

Page : 26 pages

File Size : 21,43 MB

Release : 1999-04-01

Category : Business & Economics

ISBN : 1451846959

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Book Description

Long-run movements of real exchange rates are studied using a panel data set comprising 51 economies. The purchasing power parity hypothesis (PPP) is examined first using unit root tests. It is found that PPP does not hold for the full sample of countries, but it may hold for the advanced economies, as well as open and high-inflation economies. Using the recently developed mean group and pooled mean group estimators, the paper finds support for the Balassa-Samuelson hypothesis in both advanced and developing economies; and for the influence of shifts in the terms of trade.







Long-run Full Dynamics

Author : Hans Brems

Publisher :

Page : 58 pages

File Size : 29,89 MB

Release : 1982

Category : Economics

ISBN :

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