Alternative Approaches in Macroeconomics: Essays in Honour of John McCombiePhilip Arestis This book honours Professor John McCombie’s retirement by exploring a variety of themes, theories and debates in non-orthodox macroeconomics. With contributions from leading scholars, the book covers diverse ground in economic thought, policy, empirical work and modelling. It demonstrates ongoing presumptions and asks probing questions of topical questions from the increase of income equality to the international variation of productivity investment. This collection will appeal to academics and students with an interest in the history of macroeconomic thinking. |
Contents
| 1 | |
John McCombies Contribution to the Applied Economics of Growth in a Closed and Open Economy | 22 |
Why Neither Samuelsons Neoclassical Synthesis Keynesianism Nor New Keynesianism Theory Is Compatible with Keyness General Theory Explanat... | 57 |
The Role of Commercial Banks and Financial Intermediaries in the New Consensus Macroeconomics NCM A Preliminary and Critical Appraisal of Ol... | 77 |
Microeconomics Mesoeconomics and Macroeconomics | 105 |
A Coherent Approach to Macroeconomic Theory and Economic Policies | 127 |
Is the Share of Income of the Top One Per cent Due to the Marginal Product of Labour or Managerial Power? | 155 |
Macroeconomic Lessons from the Financialisation Process | 182 |
Financial Instability and Speculative Bubbles Behavioural Insights and Policy Implications | 209 |
Sophistication Productivity and Trade A Sectoral Investigation | 235 |
Urban Growth in South Asia A View from Outer Space | 269 |
Production Functions the KaldorVerdoorn Law and Methodology | 303 |
Is the Balance of Payments Constrained Growth Rate TimeVarying? Exchange Rate Over Valuation PolicyInduced Recessions Deindustrialization and... | 331 |
| 354 | |
Other editions - View all
Alternative Approaches in Macroeconomics: Essays in Honour of John McCombie Philip Arestis No preview available - 2019 |
Alternative Approaches in Macroeconomics: Essays in Honour of John McCombie Philip Arestis No preview available - 2018 |
Common terms and phrases
agglomerations aggregate demand aggregate production function analysis Applied Economics Arestis argued balance of payments behaviour behavioural finance Bernanke BPCG rate Cambridge capital cent central bank CEOs countries developed dynamic economic growth economic policies economists Edward Elgar effects elasticity of demand employment equation equilibrium estimates Eurozone exchange rate exports Ferreiro financial assets financial crisis financial markets financial sector financial stability fiscal growth rate impact important income elasticities individual inequality inflation interest rates investment John McCombie Journal of Economics Journal of Post Kaldor Kaldor-Verdoorn Keynes Keynes’s labour Lavoie long-run macroeconomic manufacturing marginal productivity monetary policy NAIRU neoclassical nomic non-price competitiveness output growth Palgrave Macmillan Post Keynesian Economics production function productivity growth rate of growth rational expectations regression relationship result returns to scale Review Samuelson Sawyer share speculative bubbles theory Thirlwall tion trade University urban variables Verdoorn law