Modern Guide to Keynesian Macroeconomics and Economic Policies

Inbunden, Engelska, 2011

3 249 kr

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This unique and comprehensive 'modern guide' presents state-of-the-art surveys covering the main areas of macroeconomics and economic policy by well-known post-Keynesian authors. The chapters explore intriguing and important issues including:the history and methods of post-Keynesian economicsmoney, credit and central banksgrowth and income distributionpost-Keynesian macroeconomics as an alternative to the New Consensusthe macroeconomics of unemployment and labor market issuesEuropean economic policiesopen economy models of distribution and growthinternational monetary and global economicsfinancialisation and financial crisis. This well-documented book will prove to be the essential guide for researchers and graduate students in macroeconomics and political economy. It will also prove inspiring to a wider audience interested in modern Keynesian macroeconomics. Contributors:P. Arestis, R.A. Blecker, A.K. Dutt, G.A. Dymski, E. Hein, H. Herr, D.R. Howell, M. Lavoie, O. Onaran, E. Stockhammer

Produktinformation

Utgivningsdatum2011-04-29
Mått156 x 234 x undefined mm
FormatInbunden
SpråkEngelska
FörlagEdward Elgar Publishing Ltd
ISBN9781849801409

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Contents:IntroductionEckhard Hein and Engelbert Stockhammer1. History and Methods of Post-Keynesian EconomicsMarc Lavoie2. Money, Credit and Central Banks in Post-Keynesian EconomicsMarc Lavoie3. Growth and Income Distribution: A Post-Keynesian PerspectiveAmitava Krishna Dutt4. Keynesian Economics and the New Consensus in MacroeconomicsPhilip Arestis5. A Post-Keynesian Macroeconomic Model of Inflation, Distribution and EmploymentEckhard Hein and Engelbert Stockhammer6. The Macroeconomics of UnemploymentEngelbert Stockhammer7. Institutions, Aggregate Demand and Cross-Country Employment Performance: Alternative Theoretical Perspectives and the EvidenceDavid R. Howell8. European Economic and Monetary Union Policies from a Keynesian PerspectivePhilip Arestis9. Open Economy Models of Distribution and GrowthRobert A. Blecker10. Globalisation, Macroeconomic Performance and DistributionÖzlem Onaran11. International Monetary and Financial ArchitectureHansjörg Herr12. ‘Financialisation’, Distribution and GrowthEckhard Hein13. Keynesian Approaches to Financial CrisisGary A. DymskiIndex

’For more than a decade, most macroeconomists convinced themselves they were witnessing a "Great Moderation". Many Keynesians saw instead the accumulation of a fragility and potential instability that have become dramatically manifest since 2007. The premise of this book is that the financial crisis and Great Recession necessitate a revival of Keynesian macroeconomics, emphasizing the central roles of effective demand, money and finance in modern capitalism. Comprising essays on all aspects of macroeconomic theory and policy, the book will prove invaluable for scholars and graduate students seeking to acquaint themselves with the frontiers of modern Keynesian macroeconomics.’