Reconstructing Keynesian Macroeconomics Volume 1 (Partial Perspectives)

ISBN: 9781138799950
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Overview

This book represents the first of three volumes offering a complete reinterpretation and restructuring of Keynesian macroeconomics and a detailed investigation of the disequilibrium adjustment processes characterizing the financial, the goods and the labour markets and their interaction. It questions in a radical way the evolution of Keynesian macroeconomics after World War II and focuses on the limitations of the traditional Keynesian approach until it fell apart in the early 1970s,Ā as well asĀ the inadequacy of the new consensus in macroeconomics that emerged from the Monetarist critique of Keynesianism.

Professors Chiarella, Flaschel and Semmler investigate basic methodological issues, the pitfalls of the Rational Expectations School, important feedback channels in the tradition of Tobinā€™s work, and theories of the wage-price spiral and the evidences for them. The book uses primarily partial approaches, the integration of which will be the subject of subsequent volumes. With its focus on Keynesian propagation mechanisms, the research in this book provides a unique alternative to the black-box shock-absorber approaches that dominate modern macroeconomics.

Reconstructing Keynesian Macroeconomics should be of interest to students and researchers who want to look at alternatives to the mainstream macrodynamics that emerged from the Monetarist critique of Keynesianism.

This book title, Reconstructing Keynesian Macroeconomics Volume 1 (Partial Perspectives), ISBN: 9781138799950, by Carl Chiarella, Peter Flaschel, Willi Semmler, published by Taylor & Francis (May 30, 2014) is available in paperback. Our minimum order quantity is 25 copies. All standard bulk book orders ship FREE in the continental USA and delivered in 4-10 business days.

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Product Details

Author:
Carl Chiarella, Peter Flaschel, Willi Semmler
Format:
Paperback
Pages:
400
Publisher:
Taylor & Francis (May 30, 2014)
Language:
English
ISBN-13:
9781138799950
Weight:
19.25oz
Dimensions:
6.125" x 9.1875"
File:
TAYLORFRANCIS-TayFran_240426045415179-20240426.xml
Folder:
TAYLORFRANCIS
List Price:
$66.99
Series:
Routledge Frontiers of Political Economy
Case Pack:
55
As low as:
$60.29
Publisher Identifier:
P-MISC
Discount Code:
H
Audience:
College/higher education
Country of Origin:
United States
Pub Discount:
30

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