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Inflation and unemployment : contributions to a new macroeconomic approach /

Annotation This work challenges traditional monetary theory by focusing on the role of banks and provides a new insight into the role played by bank money and capital accumulation. An international team of contributors reappraise analyses of the inflation and unemployment developed by Marshall, Keyn...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Otros Autores: Cencini, Alvaro, Baranzini, Mauro
Formato: Electrónico eBook
Idioma:Inglés
Publicado: London : Routledge, 1996.
Colección:Routledge studies in the modern world economy ; 4.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Cover ; Title Page ; Copyright Page ; Table of Contents ; List of contributors ; INTRODUCTION ; Part I Inflation and unemployment: a monetary and structural framework for analysis ; 1 INFLATION AND DEFLATION: The two faces of the same reality ; Introduction.
  • The quantity theory of money: a reappraisal The traditional analysis of inflation: a critical survey ; Unemployment ; Stagflation ; Inflation and deflation as the consequences of the same anomaly ; 2 STRUCTURAL CHANGE, ECONOMIC GROWTH AND UNEMPLOYMENT IN A VERTICALLY INTEGRATED MODEL.
  • Introduction Two frameworks of analysis: the circular model and the vertically integrated model ; Technological unemployment in the vertically integrated model ; International mobility of labour, information and technical knowledge ; Summing up.
  • Part II Inflation and deflation as monetary pathologies 3 UNEMPLOYMENT: Is there a principal cause? ; Introduction ; No positive measure of unemployment can occur in an economy where the definition of the national income reduces to C+I.
  • The complete demonstration of the equivalence of saving and investment must be founded on a revision of the concept of money Profits are definitively not to blame for any measure of positive unemployment ; Real money, nominal money and the principal cause of unemployment; 4 FROM KEYNES'S TO THE MODERN ANALYSIS OF INFLATION.