This volume contains selected papers of Lawrence R Klein in economics, econometric theory and applications in modeling, forecasting, macroeconomic analysis, international economics and public policy. Nobel Laureate Lawrence Klein's bibliography spans a half-century, including books, articles, and chapters in conference proceedings, festschriften, and thematic books. One such volume of solely scientific collections, mainly from his relatively early articles, has already been published. The present volume is different, it includes some articles, but largely chapters, or book excerpts that were mostly written since 1980, the approximate cut-off date of the prior volume, and the year of his Nobel Prize. Also, it includes things that were published in very limited or obscure editions. Thus it provides a more complete picture of his scholarly career and his current reflections on the state of economic science. All these writings are in the vanguard of thinking about economics in a global domain.The thirty-five-plus selections are organized in five parts, by major themes. An editorial commentary introduces each part. The introductory chapters include Klein's autobiographical research commentary, and his professional life philosophy.

The book describes the structure of Keynes-Leontief Model (KLM) of Japan and discuss how the Japanese economy could overcome the long-term economic deflation since the mid-1990s. The large scale econometric model and its analysis have been important for planning several policy measures and examining the economic structure of a country. However, it seems that development and maintenance of the KLM would be very costly. The book discusses how the KLM is developed and employed for the policy analyses.

This is the very first book to offer seven substantial econometric models of the Chinese economy with the statistical data used, so that the reader will be able to reproduce them all and test them for any policy alternatives.The book presents up-to-date models produced both inside and outside China, so that readers can understand most of the advanced studies of the Chinese economy by Chinese experts at the present time. This is an invaluable reference for graduate students and scholars working on Chinese economic problems.

This book presents pioneering work on an interregional input-output table of the Chinese economy and its applications to the analysis of interregional and interindustrial relations in China. It is the fruit of the authors' joint efforts of more than five years to establish a solid basis for the analysis of interregional relations in China, in the hope of laying the foundation for further studies of regional development in that country.The book endeavors to make a contribution to the regional typology of the Chinese economy. The Chinese provinces are classified into seven large regions. The interregional input-output table is constructed accordingly.Chapter I describes the methodology for producing this interregional input-output (IRIO) table. Chapter II presents the (IRIO) table after a brief explanation of the Chinese statistical data needed for the compilation of the table. Chapter III explains the basis of seven large regions adopted for the IRIO table. Chapter IV deals with the interdependence of regions and the effects of the changes in some parameters of one region on the activities in other regions. Chapter V, the last chapter, applies the IRIO table to policy analysis.

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In this non-biased, politically neutral compendium, the authors trace the evolution of the U.S. government's role in the economy, including the history, ideas, key players, and court rulings that influenced its involvement. Today's economic environment is in constant flux, as is the participation of governments in it. Local, state, national, and global governmental agencies have taken on new responsibilities—with both positive and negative economic consequences. This book looks at the changing role of American government in the economy, from determining the measurements of economic health, to being mindful of corporate sustainability, to legislating business practices and consumer affairs. This comprehensive collection of essays draws from the contributions of 25 economic scholars along with seasoned educators David A. Dieterle and Kathleen C. Simmons to examine economic systems and the factors that influence them. The work includes summaries of important Supreme Court cases that have impacted America's economic infrastructure, biographies of famous economists, and descriptions of the seven key economic systems—command (socialism), democratic socialism, fascism, market (capitalism), state capitalism, transitional, and welfare state.

Who are the individuals whose novel ideas, writings, and philosophies have influenced economics throughout history—and in doing so, have helped change the world? This encyclopedia provides a readable study of economics by examining the great economists themselves. This book presents biographies of 200 economic thinkers throughout history, supplying a one-stop reference about the men and women whose ideas, writings, and philosophies created the foundation of our current understanding of economics. Depicting their subjects within the contexts of history, development economics, and econometrics, these biographies provide an insightful overview of the world of economics through the economists of significance and the many subdisciplines, topics, eras, and philosophies they represent. Economic Thinkers: A Biographical Encyclopedia begins by describing economic thinkers in ancient Greece and Rome, moves through history to cover economists in the 15th through 19th centuries, and addresses economic theory in the 20th century and the modern era. Written to be easily accessible and highly readable, the work will appeal to students, scholars, general readers, and anyone interested in learning about the historical and philosophical foundation of economics.