Macroeconomics, finance and money [electronic resource] : essays in honour of Philip Arestis / edited by Giuseppe Fontana, John McCombieand Malcolm Sawyer
出版項
Basingstoke [England] ; New York : Palgrave Macmillan, 2010
Electronic reproduction. Basingstoke, England : Palgrave Macmillan, 2010. Mode of access:World Wide Web. System requirements: Web browser. Title from title screen (viewed on July 14, 2010). Access may be restricted to users at subscribing institutions
An internationally respected team of contributors have been brought together to analyse core issues in Macroeconomics, Finance and Money which have arisen in the aftermath of the financial crisis. This volume presents a collection of outstanding papers that have been specifically selected to pay tribute to Philip Arestis, Cambridge University, honouring his contributions to macroeconomics, finance and money. Issues examined include: the causes and effects of crisis and bubbles in financialmarkets, the role of monetary policy and central banks in the operations of the economy, inflation and macroeconomic policy and financial liberalisation and governance in developing countries. This book is indispensable reading for all interested in Macroeconomics, Monetary Economics and Finance
Includes bibliographical references and index
Machine generated contents note: PART I: MACROECONOMIC THEORY AND POLICY -- Macroeconomic andmonetary policy design -- The Efficiency of ECB and Fed Monetary Policy: Who promotes Higher Growthand Lower Inflation? -- Central bank communication, transparency and interest rate volatility: Evidence from the USA -- The Thatcher Experiment 1979-1990: Wasit Necessary to Cure UK inflation? -- Time to forget the Phillips curve -- Monetary policy and the Phillips curve -- Global imbalance problemand its relationship with the local and international financial markets -- Finance-led capitalism, distribution and growth - a stock-flow-consistent Kaleckian view -- Finance, Speculation and Stability:Post-Keynesian Policy Proposals -- PART II FINANCIAL CRISIS AND FINANCIAL BUBBLES -- The sub-prime crisis: a Minsky moment? -- A Reformulated Neo-Wicksellian Model in the Light of Bubbles -- The Minsky Moment in perspective -- Market failure, global public goods and financial liberalisation -- Financial liberalisation and poverty -- PART III FINANCIAL MARKETS AND GOVERNANCE IN DEVELOPING COUNTRIES -- Bilateral trade and investment agreements and the instantiation of neo-liberal financial reforms in developing countries -- Institutions and Finance in Developing Countries:Challenges to Orthodoxy -- The Stock Market, Corporate Finance and Corporate Governance in Emerging Countries -- Financialglobalisation and innovation
"This volume focuses on current issues of debate in the area of modern macroeconomics and money, written from (a broadly interpreted) post Keynesian perspective. The papers connect with Philip Arestis' contributions to macroeconomics and money, and pay tribute to his distinguishedcareer"--Provided by publisher
