Download EBOOK Asset Markets, Portfolio Choice and Macroeconomic Activity: A Keynesian Perspective PDF for free


Download EBOOK Asset Markets, Portfolio Choice and Macroeconomic Activity: A Keynesian Perspective PDF for free Category: Business, Finance & Law
The author of the book: Toichiro Asada
Format files: PDF, EPUB
The size of the: 28.20 MB
Language: English
ISBN-13: 9780230290174
Edition: Palgrave MacMillan
Date of issue: 15 July 2011

Description of the book "Asset Markets, Portfolio Choice and Macroeconomic Activity: A Keynesian Perspective":

This book investigates, from a Keynesian perspective, the interaction of effective demand with the wage-price spiral, the dependence of goods market outcomes on financial markets, and the impact of monetary policy on financial and real markets. These issues are discussed by way of rigorously formulated approaches that lay foundations for a theory of endogenously generated business fluctuations. The material is presented on three levels of generality: an introductory level that motivates the theoretical approach, a research-oriented level that shows how the interaction of real with financial markets has to be modelled from an integrative Keynesian perspective, and an advanced PDF textbook level that extends the traditional Keynesian approach to open economies. The main findings indicate that balanced growth in capitalist economies is unlikely due to changes in behavioural factors that drive the wage-price spiral and the financial markets. This book is essential reading for advanced level macroeconomic modules and for those interested in both traditional macroeconomics and the dominant neoclassical approach of the New Keynesians.

Download EBOOK Asset Markets, Portfolio Choice and Macroeconomic Activity: A Keynesian Perspective PDF for free


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Toichiro Asada

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Download EBOOK Asset Markets, Portfolio Choice and Macroeconomic Activity: A Keynesian Perspective PDF for free



Download EBOOK Asset Markets, Portfolio Choice and Macroeconomic Activity: A Keynesian Perspective for free

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