Description |
xvii, 195 pages : illustrations ; 25 cm |
Series |
New directions in modern economics |
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New directions in modern economics.
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Contents |
pt. 1. The background -- Dynamics in the medium run -- Financial instability -- Macroeconomics, uncertainty and the fallacies of composition -- Heterogeneity and the status of macroeconomics -- pt. 2. The markets -- The nature of the labor market -- The role of imperfect competition -- Policies versus self-adjustment -- pt. 3. Endogenous dynamics -- A dynamic macro model -- Uncertainty, expectations and learning -- Inflation, deflation and the Phillips curve -- pt. 4. Growth cycles, income share and the financial instability hypothesis -- A growth cycle model -- The role of labor share -- Towards a stochastic switching -- pt. 5. Concluding remarks -- Lessons -- The task ahead |
Notes |
Formerly CIP. Uk |
Bibliography |
Includes bibliographical references (pages 174-189) and index |
Subject |
Business cycles.
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Financial crises.
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Macroeconomics.
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LC no. |
2010939216 |
ISBN |
184980916X (hbk.) |
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9781849809160 (hbk.) |
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