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Record Nr. |
UNINA9910962501803321 |
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Autore |
Kenway Peter |
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Titolo |
From Keynesianism to Monetarism : the evolution of UK macroeconometric models / / Peter Kenway |
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Pubbl/distr/stampa |
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London ; ; New York, : Routledge, 1994 |
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ISBN |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (222 p.) |
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Disciplina |
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Soggetti |
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Keynesian economics |
Chicago school of economics |
Great Britain Economic policy 1964-1979 Econometric models |
Great Britain Economic policy 1979-1997 Econometric models |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Bibliographic Level Mode of Issuance: Monograph |
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Nota di bibliografia |
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Includes bibliographical references (p. 200-205) and index. |
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Nota di contenuto |
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Intro -- TITLE -- COPYRIGHT -- CONTENTS -- FIGURES -- TABLES -- ACKNOWLEDGEMENTS -- Part I. UK MACROECONOMETRIC MODELS -- 1. WHY STUDY MACROECONOMETRIC MODELS? -- 2. MACROECONOMETRIC MODELS -- Part II. THE RISE AND FALL OF THE KEYNESIAN INCOME - EXPENDITURE MODEL -- 3. KEYNESIAN DEMAND MANAGEMENT -- 4. KEYNESIAN 'NORMAL SCIENCE' -- 5. KEYNESIAN REFORM -- 6. KEYNESIAN CRISIS -- 7. KEYNESIAN DEMISE -- Part III. EVALUATION AND CRITIQUE -- 8. THE TURN TO THE LONG-RUN (1) -- 9. THE TURN TO THE LONG-RUN (2) -- 10. CAN WE RETURN TO KEYNESIANISM? -- NOTES -- REFERENCES -- INDEX. |
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Sommario/riassunto |
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Long-term unemployment, which Keynesianism seemed to have banished, is again at the top of the political agenda. Understanding why Keynesianism gave way to monetarism two decades ago has therefore assumed a new urgency. Peter Kenway explains the change from Keynesianism to Monetarism in Britain in the 1970s through the studies of the evolution of the macroeconometric models of the UK economy. The models were the creations of some of the leading academic economists who sought to influence - and often alter radically - the conduct of economic policy in Britain from the late 1960s onwards. These models, and the extensive documentation |
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