Includes bibliographical references (pages 383-393) and index.
Figures; Foreword; Preface; Acknowledgments; Notation; General introduction; 1 Traditional monetary growth dynamics; 2 Tobinian monetary growth: the (neo)Classical point of departure; 3 Keynes ... Wicksell models of monetary growth: synthesizing Keynes into the Classics; 4 Keynesian monetary growth: the missing prototype; 5 Smooth factor substitution: a secondary and confused issue; 6 Keynesian monetary growth: the working model; 7 The road ahead; References; Author index; Subject index.
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This book is in the tradition of non-market-clearing approaches to macrodynamic economics. It shows for the first time that macrodynamics can be developed and investigated in a systematic fashion, leading to coherent models of fluctuation growth. This differs considerably from the microfounded full equilibrium approaches which are currently fashionable.
Dynamics of Keynesian monetary growth.
0521643511
Keynesian economics.
Macroeconomics.
Monetary policy.
Keynésianisme.
Macroéconomie.
Politique monétaire.
BUSINESS & ECONOMICS-- Economics-- Macroeconomics.