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This book discusses the shortcomings of the standard macroeconomic model (SMM). The SMM failed to explain the real world and anticipate the global financial crises. The main reason for these failures was the lack, in the SMM, of any role of money and the way the financial sector works.
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Über die Autorin bzw. den Autor
Syed F. Mahmud is a professor of economics at Bilkent University. He holds a Ph.D. degree in economics from McMaster University (Canada). In recent years, his research has been primarily focused on banking and finance.
Kaoru Yamaguchi is Director at Japan Futures Research Center. He holds a Ph.D. degree in economics from the University of California, Berkeley.
Murat Yülek is a professor of economics at Istanbul Ticaret University and the Director of the Center for Industrial Policy and Development. He holds a Ph.D. degree in economics from Bilkent University and has published widely in the field of economic and financial development.
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Money Matters: Some Puzzles, Anomalies and Crises in the Standard Macroeconomic Model
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Peter Lang GmbH, Internationaler, 2017
ISBN 10: 3631721455
ISBN 13: 9783631721452
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Money Matters
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Money Matters: Some Puzzles, Anomalies and Crises in the Standard Macroeconomic Model
ISBN 10: 3631721455
ISBN 13: 9783631721452
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Money matters. Some puzzles, anomalies and crises in the standard macroeconomic model. Zoom. Economy.
Verlag:
Frankfurt am Main ; Bern ; Wien : PL Academic Research, 2017
ISBN 10: 3631721455
ISBN 13: 9783631721452
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Originalbroschur. Zustand: Sehr gut. 145 S. Ein gutes und sauberes Exemplar. - The Standard Macroeconomic Model (SMM): A Critical Review -- Endogenous Money, Minskian Financial Crises and the Balance Sheet Recession: Resolving Puzzles and Anomalies -- Two Different Faces of Money Creation -- The Alternative System Design of Public Money -- Conclusions and Some Free Thoughts on Money, Banking and Macroeconomics. ISBN 9783631721452 Sprache: Englisch Gewicht in Gramm: 113. Artikel-Nr. 1087422
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Money Matters
Verlag:
Peter Lang, Peter Lang Jun 2017, 2017
ISBN 10: 3631721455
ISBN 13: 9783631721452
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Taschenbuch
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Taschenbuch. Zustand: Neu. Neuware -The 2007 financial crisis and the Great Recession have prompted a debate about the state of macroeconomics, and many orthodox economists have argued that macroeconomics has entered a Dark Age. This book discusses the shortcomings of the standard macroeconomic model (SMM). The SMM failed to explain the real world and anticipate the global financial crises. The main reasons for this failure have been attributed to its inability to assign an active role of money and by the absence of appropriate modelling of financial markets. The book also discusses how the SMM can be reformed to better account for the real world and policy prescriptions, such as the Chicago Plan, that can reduce the risks emanating from excessive money creation by banks. 146 pp. Englisch. Artikel-Nr. 9783631721452
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Money Matters : Some Puzzles, Anomalies and Crises in the Standard Macroeconomic Model
Anbieter: AHA-BUCH GmbH, Einbeck, Deutschland
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Taschenbuch. Zustand: Neu. Druck auf Anfrage Neuware - Printed after ordering - The 2007 financial crisis and the Great Recession have prompted a debate about the state of macroeconomics, and many orthodox economists have argued that macroeconomics has entered a Dark Age. This book discusses the shortcomings of the standard macroeconomic model (SMM). The SMM failed to explain the real world and anticipate the global financial crises. The main reasons for this failure have been attributed to its inability to assign an active role of money and by the absence of appropriate modelling of financial markets. The book also discusses how the SMM can be reformed to better account for the real world and policy prescriptions, such as the Chicago Plan, that can reduce the risks emanating from excessive money creation by banks. Artikel-Nr. 9783631721452
Anzahl: 1 verfügbar