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  • Explaining Pakistan’s Long-Run Growth

    A Keynesian Model in Seven Essays

    Series series Economics and Finance (R0)
    This book explains the behaviour of output and its growth over time. It does so by deliberating over a choice among three fundamental models—the Samuelson-Swan-Solow neoclassical model, the Harrod-Domar model and the Keynesian model—to choose one fit for purpose. The criteria for goodness of fit are some mathematical properties of growth models. The model chosen for meeting these properties is the ... Read more

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  • Budgetary Policy Modelling

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    Series series Routledge New International Studies in Economic Modelling
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  • Monetary Policy and Unemployment

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    by Willi Semmler ...
    Series series Routledge International Studies in Money and Banking
    This book pulls together papers presented at a conference in honour of the 1981 Nobel Prize Winner for Economic Science, the late James Tobin. Among the contributors are Olivier Blanchard, Edmund Phelps, Charles Goodhart and Marco Buti.One of the main aims of the conference was to discuss what potential role monetary policy has on economic activity and unemployment reduction in three key currency ... Read more

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  • Concise Dictionary Of Economics

    The idea for this dictionary on economic terms originated with the reference books that we have been bringing out. The leading concern was for average students and inquisitive readers who needed to be helped into grasping the meaning of the terms used in books on economics.The dictionary covers almost all the terms that form a part and parcel of economics in simple and easily comprehensible ... Read more

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  • Essentials of Advanced Macroeconomic Theory

    by Ola Olsson ...
    Series series Routledge Advanced Texts in Economics and Finance
    Trying to summarize the essentials of macroeconomic theory in the wake of the financial crisis that has shaken not only Western economies but also the macroeconomic profession is no easy task. In particular, the notion that markets are self-correcting and always in equilibrium appears to have taken a heavy blow. However, the jury is still out on which areas should be considered as failures and ... Read more

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  • Macroeconomics

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    This important textbook offers a comprehensive look into the two main traditions in contemporary macroeconomics –- New Classical and Keynesian –- and examines the work of economists who have drawn on principles from both traditions to form a new, integrated approach known as New Neoclassical Synthesis. Importantly, this provides the theoretical foundation for much of current mainstream economics ... Read more

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  • Essays In The Fundamental Theory Of Monetary Economics And Macroeconomics

    by John Smithin ...
    This book provides a comprehensive overview, in the form of eight long essays, of the evolution of monetary theory over the three-quarters of century, from the time of Keynes to the present day. The essays are originally based on lecture notes from a graduate course on Advanced Monetary Economics offered at York University, Toronto, written in the style of academic papers. The essays are ... Read more

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  • Modern Public Economics

    Series series Routledge Advanced Texts in Economics and Finance
    In recent times not only have traditional areas of public economics such as taxation, public expenditure, public sector pricing, benefit cost analysis, and fiscal federalism thrown up new challenges but entirely new areas of research and inquiry have emerged. This second edition builds upon the strengths of the previous edition and incorporates results of research on new areas such as global ... Read more

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  • Raising Keynes

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  • Taxation, Growth and Fiscal Institutions

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    by Albert J. Lee ...
    Series series Business and Management (R0)
    The causal relationship between growth and inequality is complex, and there have been many scholarly works to study this relationship since the seminal work of Kuznets in the 1950s. Few recent studies in this field have shown that the nature of relationship is multifaceted and non-linear. In addition to the intrinsic non-linear nature of the relationship, government and institutions play pivotal ... Read more

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