Macroeconomic Fluctuations and Policies
Title | Macroeconomic Fluctuations and Policies PDF eBook |
Author | Edouard Challe |
Publisher | MIT Press |
Pages | 361 |
Release | 2023-09-19 |
Genre | Business & Economics |
ISBN | 0262549298 |
The basic tools for analyzing macroeconomic fluctuations and policies, applied to concrete issues and presented within an integrated New Keynesian framework. This textbook presents the basic tools for analyzing macroeconomic fluctuations and policies and applies them to contemporary issues. It employs a unified New Keynesian framework for understanding business cycles, major crises, and macroeconomic policies, introducing students to the approach most often used in academic macroeconomic analysis and by central banks and international institutions. The book addresses such topics as how recessions and crises spread; what instruments central banks and governments have to stimulate activity when private demand is weak; and what “unconventional” macroeconomic policies might work when conventional monetary policy loses its effectiveness (as has happened in many countries in the aftermath of the Great Recession.). The text introduces the foundations of modern business cycle theory through the notions of aggregate demand and aggregate supply, and then applies the theory to the study of regular business-cycle fluctuations in output, inflation, and employment. It considers conventional monetary and fiscal policies aimed at stabilizing the business cycle, and examines unconventional macroeconomic policies, including forward guidance and quantitative easing, in situations of “liquidity trap”—deep crises in which conventional policies are either ineffective or have very different effects than in normal time. This book is the first to use the New Keynesian framework at the advanced undergraduate level, connecting undergraduate learning not only with the more advanced tools taught at the graduate level but also with the large body of policy-oriented research in academic journals. End-of-chapter problems help students master the materials presented.
Macroeconomic Issues Today
Title | Macroeconomic Issues Today PDF eBook |
Author | Robert B. Carson |
Publisher | Routledge |
Pages | 264 |
Release | 2015-02-18 |
Genre | Business & Economics |
ISBN | 1317465806 |
Now revised and updated to reflect critical changes in economic policy since the last edition, Macroeconomic Issues Today, Eighth Edition, provides Conservative, Liberal, and Radical interpretations and solutions for seven current macroeconomic issues, including all-new coverage of the Social Security debate. An instructor's manual with a test bank and discussion questions is available to professors who adopt the text, and PowerPoint downloads are available as teaching aids.
Macroeconomic Policy
Title | Macroeconomic Policy PDF eBook |
Author | Farrokh K. Langdana |
Publisher | Springer Science & Business Media |
Pages | 299 |
Release | 2013-03-09 |
Genre | Business & Economics |
ISBN | 1475736460 |
This is an applications-oriented text that demystifies the linkages between monetary and fiscal policies and key macroeconomic variables such as income, unemployment, inflation and interest rates. Specially written "newspaper" articles simulate current macroeconomic news on asset-price bubbles, exchange rates, hyperinflation and more. Exercises and diagrams, and a global perspective – incorporating both developed and emerging economies - make this a broadly useful, real-world oriented text on a complex and shifting subject.
Applied Macroeconomics for Public Policy
Title | Applied Macroeconomics for Public Policy PDF eBook |
Author | Rafael Yanushevsky |
Publisher | Academic Press |
Pages | 254 |
Release | 2018-09-28 |
Genre | Business & Economics |
ISBN | 0128156333 |
Applied Macroeconomics for Public Policy applies system and control theory approaches to macroeconomic problems. The book shows how to build simple and efficient macroeconomic models for policy analysis. By using these models, instead of complex multi-criteria models with uncertain parameters, readers will gain new certainty in macroeconomic decision-making. As high debt to GDP ratios cause problems in societies, this book provides insights on improving economies during and after economic downturns. - Provides a detailed analysis of existing macroeconomic models - Addresses the dynamics of debt to GDP ratio and the effects of fiscal and monetary policy on this ratio - Shows how to use models to evaluate the dynamics of the debt to GDP ratio in cases of government spending and tax cuts and to decide whether such economic measures are efficient - Uses optimal theory to obtain optimal yearly debt levels to reach the established goals (decrease debt or balance budget) - Provides many examples and software exercises to promote learning by doing
Macroeconomics
Title | Macroeconomics PDF eBook |
Author | Wendy Carlin |
Publisher | Oxford University Press |
Pages | 866 |
Release | 2006 |
Genre | Business & Economics |
ISBN |
This volume provides a unified framework for the analysis of short- and medium-run macroeconomics. It develops a core New Keynesian macro model based on imperfect competition and nominal rigidities and shows how this compares with alternatives.
Confronting Policy Challenges of the Great Recession
Title | Confronting Policy Challenges of the Great Recession PDF eBook |
Author | Eskander Alvi |
Publisher | W.E. Upjohn Institute |
Pages | 152 |
Release | 2017-11-20 |
Genre | Political Science |
ISBN | 0880996366 |
This book presents a notable group of macroeconomists who describe the unprecedented events and often extraordinary policies put in place to limit the economic damage suffered during the Great Recession and then to put the economy back on track. Contributers include Barry Eichengreen; Gary Burtless; Donald Kohn; Laurence Ball, J. Bradford DeLong, and Lawrence H. Summers; and Kathryn M.E. Dominguez.
Contemporary Issues in Macroeconomics
Title | Contemporary Issues in Macroeconomics PDF eBook |
Author | Joseph E. Stiglitz |
Publisher | Springer |
Pages | 212 |
Release | 2016-04-29 |
Genre | Business & Economics |
ISBN | 113752958X |
In this edited collection, Joseph Stiglitz and Martin Guzman present a series of studies on contemporary macroeconomic issues. The book discusses a set of key lessons for macroeconomic theory following the recent global financial crisis and explores unconventional monetary policy in a post-crisis world. This volume is divided into five parts. The introduction includes keynote speeches by the Governors of the Bank of Japan and Central Bank of Jordan. Part one focuses on macroeconomic theory for understanding macroeconomic fluctuations and crises. Part two addresses the issue of the measurement of wealth. Part three discusses macroeconomic policies in times of crises. Finally, part four focuses on central banking and monetary policy.