Hardcover. Zustand: New. Contents: Foreword. Introduction. I. Institutional Implications of Asymmetric Information Theories: 1. Asymmetric information and counteracting institutions/U. Sankar. 2. Information content of institutions/Nirmal Sengupta. 3. Information asymmetry, social organisation and public policy/T.V.S. Ramamohan Rao. 4. Imperfect information, institutions and development/T. Lakshmanasamy. II. General Positive and Normative Issues: 5. Quality uncertainty and asymmetric information/Debes Mukhopadhayay. 6. Economics of asymmetric information/K.K. Kaushik and Sanju Karol. 7. Dimensions of asymmetric information: a new look/Asim K. Karmakar. 8. Economics of asymmetric information and its implications/Vinayak S. Deshpande and Sneha V. Deshpande. III. General Macro-Economic Issues: 9. Imperfect information and macro-economic equilibrium/Amalesh Banerjee. 10. Imperfect information and expected inflation rate/Arvind Awasthi. IV. Issues Relating to Banking and Financial Sectors: 11. Imperfect information and credit market/Biswajit Chatterjee and Ram Pratap Sinha. 12. Imperfect information in banking sector/Debabrata Datta. 13. Asymmetric information and the financial system/Nitish Datta. 14. Imperfect information in rural credit markets/Manab Sen. V. Other Important Sectoral Applications: 15. Asymmetric information in insurance market/Sandeep Kumar. 16. Asymmetrical information in health care industry/P. Ganesan. 17. Imperfect information and marriage market/N.B. Pradhan, B. Patro and P. Sahu. Index. "Economics of Asymmetric Information is an edited volume out of selected papers presented in one of the technical sessions of the 85 Conference of the Indian Economic Association held at Thiruvananthapuram. It contains altogether 17 papers presented in 5 groups. This book is expected to be an important addition to the growing literature on information related problems in economics." (jacket).
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In den WarenkorbZustand: New. In English.
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In den WarenkorbHardcover. Zustand: Brand New. 434 pages. 9.25x6.10x1.30 inches. In Stock.
Sprache: Englisch
Verlag: Springer India, Springer India, 2018
ISBN 10: 8132239180 ISBN 13: 9788132239185
Anbieter: AHA-BUCH GmbH, Einbeck, Deutschland
Buch. Zustand: Neu. Druck auf Anfrage Neuware - Printed after ordering - The thought-provoking book presents alternative viewpoints to mainstream macroeconomic theory, questions conventional policy wisdom and suggests a systematic re-orientation of current macroeconomic and financial regulatory policies in India.The New Consensus Macroeconomics (NCM), which established itself in the 1980s as mainstream macroeconomics, essentially represents an 'uneasy truce' between two dominant schools of economic thought viz. New Classical and Neo-Keynesian economics. The NCM sets the tone for much of the macroeconomic (especially monetary) policy followed by the advanced economies in the period of the Great Moderation (1990-2005). The recent global crisis has posed a major challenge to the NCM as empirical models based on the NCM failed to anticipate the occurrence of the crisis and later its extent and severity. The above considerations constitute the underpinnings of this book, which addresses the theoretical controversies within a general context and their policy implications for India. The authors' analysis leads to a somewhat critical assessment of the financial sector policies followed in India since the initiation of reforms in 1991. This makes the book a valuable resource not only for researchers working in this area, but also for policy makers.