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The first volume in a two-volume set on macroeconomics, economic policy and the welfare state. This volume covers the development of the author's thought, illustrating how his experience of economic policy-making in Sweden has led him to form his current opinions.
The first volume in a two-volume set on macroeconomics, economic policy and the welfare state. This volume covers the development of the author's thought, illustrating how his experience of economic policy-making in Sweden has led him to form his current opinions.
Meghnad Desai's work presents a significant challenge to economics as currently practised. This volume brings together a collection of essays on issues in macroeconomics and monetary theory from an unorthodox but rigorous position. Beginning with a series of essays which address the inflation problem using an extension of the Goodwin model, the volume continues with his revisionist interpretation of the Phillips Curve, assessments of monetarism, discussion of the economics of Keynes and Hayek, and an original paper on monetary theory. Later chapters include the author's work on applied econometrics, endogenous and exogenous money, and financial innovation. The volume also includes a substantial autobiographical preface, in which Lord Desai explains how he became an economist and the influences behind the development of his thought, as well as a specific introduction explaining how he came to produce the papers included in this volume.
This is a collection of Shigeto Tsuru's most important essays written in the fields of general economic theory, development and environmental economics, and Marxist political economy. A critic of the major tenets of modern economic theory, Tsuru is known for his comparative studies of aggregrate concepts, such as those of Quesney, Keynes and Marx.
'An excellent reference volume of this author's work, bringing together articles published over a 25 year span on the statistical analysis of economic time series, large scale macroeconomic modelling and the interface between them.' - Aslib Book Guide This major volume of essays by Kenneth F. Wallis features 28 articles published over a quarter of a century on the statistical analysis of economic time series, large-scale macroeconometric modelling, and the interface between them. The first part deals with time-series econometrics and includes significant early contributions to the development of the LSE tradition in time-series econometrics, which is the dominant British tradition and has considerable influence worldwide. Later sections discuss theoretical and practical issues in modelling seasonality and forecasting with applications in both large-scale and small-scale models. The final section summarizes the research programme of the ESRC Macroeconomic Modelling Bureau, a unique comparison project among economy-wide macroeconometric models.
This important volume brings together 17 major essays written over the last 25 years in the field of growth and development. Many of the papers make pioneering contributions, while others are more reflective and eclectic.
'The books should. . . . be bought by every university library. The research reported here is important, the exposition is lucid, the sequencing of chapters is sensible and the retrospective aspect of the volumes provides a fascinating insight into the working methods of one of the great economists of our time.' - Geraint Johnes, International Journal of Manpower Studies in Human Capital, the first volume of Jacob Mincer's essays to be published in this series, assesses the impact of education and job training on wage growth. It offers an authoritative study of the effects of human capital investments on labor turnover and the impact of technological change on human capital formation.