Expectations, Employment and Prices
by
Roger Farmer
Book Details
Format
Hardback or Cased Book
ISBN-10
0195397908
ISBN-13
9780195397901
Publisher
Oxford University Press Inc
Imprint
Oxford University Press Inc
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Apr 29th, 2010
Print length
208 Pages
Weight
434 grams
Dimensions
24.30 x 16.40 x 1.60 cms
Product Classification:
MacroeconomicsEmployment & unemploymentBanking
Ksh 12,750.00
Manufactured on Demand
0 in stock
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Expectations, Employment and Prices brings Keynesian economics into the 21st century by providing a new paradigm that explains how high unemployment can persist. The book fills in logical gaps that were missing from Keynes' General Theory of Employment Interest and Money.
Expectations, Employment and Prices brings Keynesian economics into the 21st century by providing a new paradigm that explains how high unemployment could potentially persist forever without a little help from the government. The book fills in logical gaps that were missing from Keynes'' General Theory of Employment Interest and Money by reconciling some of its key ideas with modern economic theory. Central bankers throughout the world are talking now about developing a second instrument of monetary policy in addition to controlling the interest rate. This book directly addresses this issue and offers new creative monetary policy proposals and suggestions for the design of new financial institutions for the 21st century.
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