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Money, Employment and Inflation by Robert J. Barro and Herschel Grossman (1976, Hardcover)

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About this product

Product Identifiers

PublisherCambridge University Press

ISBN-100521209064

ISBN-139780521209069

eBay Product ID (ePID)2114297

Product Key Features

Number of Pages276 Pages

LanguageEnglish

Publication NameMoney, Employment and Inflation

Publication Year1976

SubjectInflation, Economics / Macroeconomics

TypeTextbook

AuthorRobert J. Barro, Herschel Grossman

Subject AreaBusiness & Economics

FormatHardcover

Dimensions

Item Weight18 Oz

Item Length9 in

Item Width6 in

Additional Product Features

Intended AudienceScholarly & Professional

LCCN75-013449

Dewey Edition19

IllustratedYes

Dewey Decimal339

Table Of Content1. The basic model; 2. Output and employment under non market-clearing conditions; 3. Capital, financial assets and the rate of return; 4. Inflation and the rates of return; 5. Inflation and unemployment; 6. The dynamics of aggregate demand; 7. Output and employment with wage and price speculation.

SynopsisThis is a textbook on macroeconomic theory that attempts to rework the theory of macroeconomic relations through a re-examination of their microeconomic foundations. In the tradition of Keynes's General Theory of Employment, Interest and Money (published in 1936), and Patinkin's Money, Interest, and Prices, published in 1956 and revised in 1965, this book represents a third generation of macroeconomic theory. This book presents a comprehensive choice-theoretic analysis of the determination of the level of employment and the rate of inflation. A central feature of the book is the recasting of macroeconomic analysis in terms of a theory of exchange under non-market-clearing conditions. In addition, the analysis incorporates other aspects of the current reformulation of macroeconomic theory, including the relation between inflationary expectations, rates of return, and unemployment, the dynamics of aggregate demand, and the significance of incomplete information regarding the spatial distribution of wages and prices., This is a textbook on macroeconomic theory that attempts to rework the theory of macroeconomic relations through a re-examination of their microeconomic foundations. In the tradition of Keynes's General Theory of Employment, Interest and Money (published in 1936), and Patinkin's Money, Interest, and Prices, published in 1956 and revised in 1965, this book represents a third generation of macroeconomic theory.

LC Classification NumberHB171.5 .B314 1976