Info
- Utilizzare la checkbox di selezione a fianco di ciascun documento per attivare le funzionalità di stampa, invio email, download nei formati disponibili del (i) record.
The economics of post-communist transition [[electronic resource] /] / Olivier Blanchard
| The economics of post-communist transition [[electronic resource] /] / Olivier Blanchard |
| Autore | Blanchard Olivier (Olivier J.) |
| Pubbl/distr/stampa | Oxford ; ; New York, : Clarendon Press, 1997 |
| Descrizione fisica | 1 online resource (164 p.) |
| Disciplina | 338.947 |
| Collana | Clarendon lectures in economics |
| Soggetto topico |
Structural adjustment (Economic policy) - Europe, Eastern
Privatization - Europe, Eastern |
| Soggetto genere / forma | Electronic books. |
| ISBN |
1-282-26837-6
9786612268373 |
| Formato | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Record Nr. | UNINA-9910454114503321 |
Blanchard Olivier (Olivier J.)
|
||
| Oxford ; ; New York, : Clarendon Press, 1997 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
The economics of post-communist transition [[electronic resource] /] / Olivier Blanchard
| The economics of post-communist transition [[electronic resource] /] / Olivier Blanchard |
| Autore | Blanchard Olivier (Olivier J.) |
| Pubbl/distr/stampa | Oxford ; ; New York, : Clarendon Press, 1997 |
| Descrizione fisica | 1 online resource (164 p.) |
| Disciplina | 338.947 |
| Collana | Clarendon lectures in economics |
| Soggetto topico |
Structural adjustment (Economic policy) - Europe, Eastern
Privatization - Europe, Eastern |
| ISBN |
1-282-26837-6
9786612268373 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Record Nr. | UNINA-9910782840203321 |
|
Blanchard Olivier (Olivier J.)
|
||
| Oxford ; ; New York, : Clarendon Press, 1997 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
The economics of post-communist transition / / Olivier Blanchard
| The economics of post-communist transition / / Olivier Blanchard |
| Autore | Blanchard Olivier (Olivier J.) |
| Edizione | [1st ed.] |
| Pubbl/distr/stampa | Oxford ; ; New York, : Clarendon Press, 1997 |
| Descrizione fisica | 1 online resource (164 p.) |
| Disciplina | 338.947 |
| Collana | Clarendon lectures in economics |
| Soggetto topico |
Structural adjustment (Economic policy) - Europe, Eastern
Privatization - Europe, Eastern |
| ISBN |
1-282-26837-6
9786612268373 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto | Intro -- Preface -- Contents -- List of Figures -- List of Tables -- 1. The Basic Facts -- 1.1 The Evolution of Aggregate Output -- 1.2 Composition Effects and the Evolution of Manufacturing Output -- 1.3 The Evolution of Productivity and Employment -- 1.4 Unemployment -- 1.5 Investment -- 1.6 Perceptions of Pain and Progress -- 1.7 Summary and Comparisons: East Germany, Russia -- Appendix -- Notes -- 2. The Basic Mechanisms -- 2.1 Reallocation -- 2.2 Disorganization -- 2.3 Restructuring -- 2.4 Macroeconomic Policies -- 2.5 Conclusions -- Notes -- 3. Looking at the Pieces -- 3.1 The Initial Adjustment of State Firms -- 3.2 Restructuring and Privatization -- 3.3 Reallocation, Flows, and Unemployment -- Notes -- 4. Putting the Pieces Together -- 4.1 A Benchmark Model -- 4.2 Policies and Transition -- 4.3 Derailments, and Other Extensions -- 4.4 Conclusions -- Notes -- References -- Index -- A -- B -- C -- D -- E -- F -- G -- H -- I -- J -- K -- L -- M -- N -- O -- P -- Q -- R -- S -- T -- U -- V -- W -- Y -- Z. |
| Record Nr. | UNINA-9910811386303321 |
|
Blanchard Olivier (Olivier J.)
|
||
| Oxford ; ; New York, : Clarendon Press, 1997 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Fiscal policy under low interest rates / / Olivier Blanchard
| Fiscal policy under low interest rates / / Olivier Blanchard |
| Autore | Blanchard Olivier (Olivier J.) |
| Pubbl/distr/stampa | Cambridge : , : The MIT Press, , [2023] |
| Descrizione fisica | 158 pages |
| Disciplina | 332.4/6 |
| Soggetto topico |
Monetary policy
Interest rates |
| ISBN |
0-262-37275-4
0-262-37296-7 9780262544870 9780262372756 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Record Nr. | UNINA-9910647207903321 |
|
Blanchard Olivier (Olivier J.)
|
||
| Cambridge : , : The MIT Press, , [2023] | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Macroeconomics : global edition / / Olivier Blanchard
| Macroeconomics : global edition / / Olivier Blanchard |
| Autore | Blanchard Olivier (Olivier J.) |
| Edizione | [Seventh edition, Global edition.] |
| Pubbl/distr/stampa | Boston, Massachusetts : , : Pearson, , [2013] |
| Descrizione fisica | 1 online resource (578 pages) : illustrations |
| Disciplina | 339 |
| Soggetto topico | Macroeconomics |
| ISBN |
1-292-16050-0
1-292-16056-X |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Cover -- Title Page -- Copyright -- Brief Contents -- Contents -- Preface -- The Core -- Introduction -- Chapter 1 A Tour of the World -- 1-1 The Crisis -- 1-2 The United States -- Low Interest Rates and the Zero Lower Bound -- How Worrisome Is Low Productivity Growth? -- 1-3 The Euro Area -- Can European Unemployment Be Reduced? -- What Has the Euro Done for Its Members? -- 1-4 China -- 1-5 Looking Ahead -- Appendix: Where to Find the numbers -- Chapter 2 A Tour of the Book -- 2-1 Aggregate Output -- GDP: Production and Income -- Nominal and Real GDP -- GDP: Level versus Growth Rate -- 2-2 The Unemployment Rate -- Why Do Economists Care about Unemployment? -- 2-3 The Inflation Rate -- The GDP Deflator -- The Consumer Price Index -- Why Do Economists Care about Inflation? -- 2-4 Output, Unemployment, and the Inflation Rate: Okun's Law and the Phillips Curve -- Okun's Law -- The Phillips Curve -- 2-5 The Short Run, the Medium Run, and the Long Run -- 2-6 A Tour of the Book -- The Core -- Extensions -- Back to Policy -- Epilogue -- Appendix: The Construction of Real GDP and Chain-Type Indexes -- The Short Run -- Chapter 3 The Goods Market -- 3-1 The Composition of GDP -- 3-2 The Demand for Goods -- Consumption (C) -- Investment (I) -- Government Spending (G) -- 3-3 The Determination of Equilibrium Output -- Using Algebra -- Using a Graph -- Using Words -- How Long Does It Take for Output to Adjust? -- 3-4 Investment Equals Saving: An Alternative Way of Thinking about Goods-Market Equilibrium -- 3-5 Is the Government Omnipotent? A Warning -- Chapter 4 Financial Markets I -- 4-1 The Demand for Money -- Deriving the Demand for Money -- 4-2 Determining the Interest Rate: I -- Money Demand, Money Supply, and the Equilibrium Interest Rate -- Monetary Policy and Open Market Operations -- Choosing Money or Choosing the Interest Rate?.
4-3 Determining the Interest Rate: II -- What Banks Do -- The Demand and Supply for Central Bank Money -- The Federal Funds Market and the Federal Funds Rate -- 4-4 The Liquidity Trap -- Appendix: The Determination of the Interest Rate When People Hold BothCurrency and Checkable Deposits -- Chapter 5 Goods and Financial Markets -- The IS-LM Model -- 5-1 The Goods Market and the IS Relation -- Investment, Sales, and the Interest Rate -- Determining Output -- Deriving the IS Curve -- Shifts of the IS Curve -- 5-2 Financial Markets and the LM Relation -- Real Money, Real Income, and the Interest Rate -- Deriving the LM Curve -- 5-3 Putting the IS and the LM Relations Together -- Fiscal Policy -- Monetary Policy -- 5-4 Using a Policy Mix -- 5-5 How Does the IS-LM Model Fit the Facts? -- Chapter 6 Financial Markets II: The Extended Model -- 6-1 Nominal versus Real Interest Rates -- Nominal and Real Interest Rates in the United States since 1978 -- Nominal and Real Interest Rates: The Zero Lower Bound and Deflation -- 6-2 Risk and Risk Premia -- 6-3 The Role of Financial Intermediaries -- The Choice of Leverage -- Leverage and Lending -- 6-4 Extending the IS-LM -- Financial Shocks and Policies -- 6-5 From a Housing Problem to a Financial Crisis -- Housing Prices and Subprime Mortgages -- The Role of Financial Intermediaries -- Macroeconomic Implications -- Policy Responses -- The Medium Run -- Chapter 7 The Labor Market -- 7-1 A Tour of the Labor Market -- The Large Flows of Workers -- 7-2 Movements in Unemployment -- 7-3 Wage Determination -- Bargaining -- Efficiency Wages -- Wages, Prices, and Unemployment -- The Expected Price Level -- The Unemployment Rate -- The Other Factors -- 7-4 Price Determination -- 7-5 The Natural Rate of Unemployment -- The Wage-Setting Relation -- The Price-Setting Relation -- Equilibrium Real Wages and Unemployment. 7-6 Where We Go from Here -- Appendix: Wage- and Price-Setting Relations versus Labor Supplyand Labor Demand -- Chapter 8 The Phillips Curve, the Natural Rate of Unemployment, and Inflation -- 8-1 Inflation, Expected Inflation, and Unemployment -- 8-2 The Phillips Curve and Its Mutations -- The Early Incarnation -- The Apparent Trade-Off and Its Disappearance -- 8-3 The Phillips Curve and the Natural Rate of Unemployment -- 8-4 A Summary and Many Warnings -- Variations in the Natural Rate across Countries -- Variations in the Natural Rate over Time -- High Inflation and the Phillips Curve Relation -- Deflation and the Phillips Curve Relation -- Appendix: Derivation of the Relation to a Relation between Inflation,Expected Inflation, and Unemployment -- Chapter 9 From the Short to the Medium Run: The IS-LM-PC Model -- 9-1 The IS-LM-PC model -- 9-2 Dynamics and the Medium Run Equilibrium -- The Role of Expectations Revisited -- The Zero Lower Bound and Debt Spirals -- 9-3 Fiscal Consolidation Revisited -- 9-4 The Effects of an Increase in the Price of Oil -- Effects on the Natural Rate of Unemployment -- 9-5 Conclusions -- The Short Run versus the Medium Run -- Shocks and Propagation Mechanisms -- The Long Run -- Chapter 10 The Facts of Growth -- 10-1 Measuring the Standard of Living -- 10-2 Growth in Rich Countries since 1950 -- The Large Increase in the Standard of Living since 1950 -- The Convergence of Output per Person -- 10-3 A Broader Look across Time and Space -- Looking across Two Millennia -- Looking across Countries -- 10-4 Thinking about Growth: A Primer -- The Aggregate Production Function -- Returns to Scale and Returns to Factors -- Output per Worker and Capital per Worker -- The Sources of Growth -- Chapter 11 Saving, Capital Accumulation, and Output -- 11-1 Interactions between Output and Capital -- The Effects of Capital on Output. The Effects of Output on Capital Accumulation -- Output and Investment -- Investment and Capital Accumulation -- 11-2 The Implications of Alternative Saving Rates -- Dynamics of Capital and Output -- The Saving Rate and Output -- The Saving Rate and Consumption -- 11-3 Getting a Sense of Magnitudes -- The Effects of the Saving Rate on Steady-State Output -- The Dynamic Effects of an Increase in the Saving Rate -- The U.S. Saving Rate and the Golden Rule -- 11-4 Physical versus Human Capital -- Extending the Production Function -- Human Capital, Physical Capital, and Output -- Endogenous Growth -- Appendix: The Cobb-Douglas Production Function and the Steady State -- Chapter 12 Technological Progress and Growth -- 12-1 Technological Progress and the Rate of Growth -- Technological Progress and the Production Function -- Interactions between Output and Capital -- Dynamics of Capital and Output -- The Effects of the Saving Rate -- 12-2 The Determinants of Technological Progress -- The Fertility of the Research Process -- The Appropriability of Research Results -- Management, Innovation, and Imitation -- 12-3 Institutions, Technological Progress, and Growth -- 12-4 The Facts of Growth Revisited -- Capital Accumulation versus Technological Progress in Rich Countries since 1985 -- Capital Accumulation versus Technological Progress in China -- Appendix : Constructing a Measure of Technological Progress -- Chapter 13 Technological Progress: The Short, the Medium, and the Long Run -- 13-1 Productivity, Output, and Unemployment in the Short Run -- The Empirical Evidence -- 13-2 Productivity and the Natural Rate of Unemployment -- Price Setting and Wage Setting Revisited -- The Natural Rate of Unemployment -- The Empirical Evidence -- 13-3 Technological Progress, Churning, and Inequality -- The Increase in Wage Inequality. The Causes of Increased Wage Inequality -- Inequality and the Top 1% -- EXTENSIONS -- Expectations -- Chapter 14 Financial Markets and Expectations -- 14-1 Expected Present Discounted Values -- Computing Expected Present Discounted Values -- A General Formula -- Using Present Values: Examples -- Constant Interest Rates -- Constant Interest Rates and Payments -- Constant Interest Rates and Payments Forever -- Zero Interest Rates -- Nominal versus Real Interest Rates and Present Values -- 14-2 Bond Prices and Bond Yields -- Bond Prices as Present Values -- Arbitrage and Bond Prices -- From Bond Prices to Bond Yields -- Reintroducing Risk -- Interpreting the Yield Curve -- 14-3 The Stock Market and Movements in Stock Prices -- Stock Prices as Present Values -- The Stock Market and Economic Activity -- A Monetary Expansion and the Stock Market -- An Increase in Consumer Spending and the Stock Market -- 14-4 Risk, Bubbles, Fads, and Asset Prices -- Stock Prices and Risk -- Asset Prices, Fundamentals, and Bubbles -- Appendix: Deriving the Expected Present Discounted Value UsingReal or Nominal Interest Rates -- Chapter 15 Expectations, Consumption, and Investment -- 15-1 Consumption -- The Very Foresighted Consumer -- An Example -- Toward a More Realistic Description -- Putting Things Together: Current Income, Expectations, and Consumption -- 15-2 Investment -- Investment and Expectations of Profit -- Depreciation -- The Present Value of Expected Profits -- The Investment Decision -- A Convenient Special Case -- Current versus Expected Profit -- Profit and Sales -- 15-3 The Volatility of Consumption and Investment -- Appendix: Derivation of the Expected Present Value of Profits underStatic Expectations -- Chapter 16 Expectations, Output, and Policy -- 16-1 Expectations and Decisions: Taking Stock -- Expectations, Consumption, and Investment Decisions. Expectations and the IS Relation. |
| Record Nr. | UNINA-9910153234203321 |
|
Blanchard Olivier (Olivier J.)
|
||
| Boston, Massachusetts : , : Pearson, , [2013] | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Macroeconomics : a European perspective / / Olivier Blanchard, Alessia Amighini and Francesco Giavazzi
| Macroeconomics : a European perspective / / Olivier Blanchard, Alessia Amighini and Francesco Giavazzi |
| Autore | Blanchard Olivier (Olivier J.) |
| Edizione | [2nd ed.] |
| Pubbl/distr/stampa | Harlow, England : , : Pearson, , 2013 |
| Descrizione fisica | 1 online resource (600 p. ) : ill. (chiefly col.) |
| Disciplina | 339.094 |
| Soggetto topico | Macroeconomics - Europe |
| ISBN | 0-273-77180-9 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Cover -- CONTENTS -- LIST OF FIGURES -- LIST OF TABLES -- LIST OF FOCUS BOXES -- ABOUT THE AUTHORS -- PUBLISHER'S ACKNOWLEDGEMENTS -- GUIDED TOUR -- PREFACE -- AUTHOR ACKNOWLEDGMENTS -- INTRODUCTION -- Chapter 1 A TOUR OF THE WORLD -- 1.1 EUROPE AND THE EURO -- 1.2 THE ECONOMIC OUTLOOK IN THE USA -- 1.3 THE LARGEST EMERGING ECONOMIES -- 1.4 LOOKING AHEAD -- KEY TERMS -- QUESTIONS AND PROBLEMS -- FURTHER READING -- APPENDIX Where to find the numbers? -- Chapter 2 A TOUR OF THE BOOK -- 2.1 AGGREGATE OUTPUT -- 2.2 OTHER MAJOR MACROECONOMIC VARIABLES -- 2.3 OUTPUT, UNEMPLOYMENT AND THE INFLATION RATE, OKUN'S LAW AND THE PHILLIPS CURVE -- 2.4 THE SHORT RUN, THE MEDIUM RUN AND THE LONG RUN -- 2.5 A TOUR OF THE BOOK -- SUMMARY -- KEY TERMS -- QUESTIONS AND PROBLEMS -- FURTHER READING -- APPENDIX The construction of real GDP and chain-type indexes -- THE CORE -- THE SHORT RUN -- Chapter 3 THE GOODS MARKET -- 3.1 THE COMPOSITION OF GDP -- 3.2 THE DEMAND FOR GOODS -- 3.3 THE DETERMINATION OF EQUILIBRIUM OUTPUT -- 3.4 INVESTMENT EQUALS SAVING: AN ALTERNATIVE WAY OF THINKING ABOUT THE GOODS-MARKET EQUILIBRIUM -- 3.5 IS THE GOVERNMENT OMNIPOTENT? A WARNING -- SUMMARY -- KEY TERMS -- QUESTIONS AND PROBLEMS -- Chapter 4 FINANCIAL MARKETS -- 4.1 THE DEMAND FOR MONEY -- 4.2 DETERMINING THE INTEREST RATE: PART 1 -- 4.3 DETERMINING THE INTEREST RATE: PART 2 -- 4.4 TWO ALTERNATIVE WAYS OF LOOKING AT THE EQUILIBRIUM -- SUMMARY -- KEY TERMS -- QUESTIONS AND PROBLEMS -- FURTHER READING -- Chapter 5 GOODS AND FINANCIAL MARKETS: THE IS-LM MODEL -- 5.1 THE GOODS MARKET AND THE IS RELATION -- 5.2 FINANCIAL MARKETS AND THE LM RELATION -- 5.3 PUTTING THE IS AND THE LM RELATIONS TOGETHER -- 5.4 USING A POLICY MIX -- 5.5 IS-LM AND THE LIQUIDITY TRAP -- 5.6 HOW DOES THE IS-LM MODEL FIT THE FACTS? -- SUMMARY -- KEY TERMS -- QUESTIONS AND PROBLEMS -- FURTHER READING.
APPENDIX An analytical version of the IS-LM model -- Chapter 6 THE IS-LM MODEL IN AN OPEN ECONOMY -- 6.1 OPENNESS IN GOODS MARKETS -- 6.2 OPENNESS IN FINANCIAL MARKETS -- 6.3 THE IS RELATION IN AN OPEN ECONOMY -- 6.4 THE LM RELATION IN AN OPEN ECONOMY -- 6.5 PUTTING GOODS AND FINANCIAL MARKETS TOGETHER IN AN OPEN ECONOMY -- SUMMARY -- KEY TERMS -- QUESTIONS AND PROBLEMS -- FURTHER READING -- Chapter 7 OUTPUT, THE INTEREST RATE AND THE EXCHANGE RATE -- 7.1 INCREASES IN DEMAND, DOMESTIC OR FOREIGN -- 7.2 DEPRECIATION, THE TRADE BALANCE AND OUTPUT -- 7.3 LOOKING AT DYNAMICS: THE J-CURVE -- 7.4 SAVING, INVESTMENT AND THE TRADE BALANCE -- 7.5 THE EFFECTS OF POLICY IN AN OPEN ECONOMY -- 7.6 FIXED EXCHANGE RATES -- SUMMARY -- KEY TERMS -- QUESTIONS AND PROBLEM -- FURTHER READING -- APPENDIX Derivation of the Marshall-Lerner condition -- THE MEDIUM RUN -- Chapter 8 THE LABOUR MARKET -- 8.1 A TOUR OF THE LABOUR MARKET -- 8.2 WAGE DETERMINATION -- 8.3 PRICE DETERMINATION -- 8.4 THE NATURAL RATE OF UNEMPLOYMENT -- 8.5 WHERE WE GO FROM HERE -- SUMMARY -- KEY TERMS -- QUESTIONS AND PROBLEMS -- FURTHER READING -- APPENDIX Wage and price setting relations versus labour supply and labour demand -- Chapter 9 PUTTING ALL MARKETS TOGETHER: THE AS-AD MODEL -- 9.1 AGGREGATE SUPPLY -- 9.2 AGGREGATE DEMAND -- 9.3 EQUILIBRIUM IN THE SHORT RUN AND IN THE MEDIUM RUN -- 9.4 THE EFFECTS OF A MONETARY EXPANSION -- 9.5 A DECREASE IN THE BUDGET DEFICIT -- 9.6 AN INCREASE IN THE PRICE OF OIL -- 9.7 CONCLUSIONS -- SUMMARY -- KEY TERMS -- QUESTIONS AND PROBLEMS -- Chapter 10 THE PHILLIPS CURVE, THE NATURAL RATE OF UNEMPLOYMENT AND INFLATION -- 10.1 INFLATION, EXPECTED INFLATION AND UNEMPLOYMENT -- 10.2 THE PHILLIPS CURVE -- 10.3 THE PHILLIPS CURVE AND THE NATURAL RATE OF UNEMPLOYMENT IN EUROPE -- SUMMARY -- KEY TERMS -- QUESTIONS AND PROBLEMS -- FURTHER READING. APPENDIX From the aggregate supply relation to a relation between inflation, expected inflation and unemployment -- Chapter 11 INFLATION, MONEY GROWTH AND THE REAL RATE OF INTEREST -- 11.1 OUTPUT, UNEMPLOYMENT AND INFLATION -- 11.2 NOMINAL VERSUS REAL INTEREST RATES -- 11.3 NOMINAL AND REAL INTEREST RATES AND THE IS-LM MODEL -- 11.4 THE EFFECTS OF MONEY GROWTH -- 11.5 MONEY GROWTH, INFLATION AND NOMINAL AND REAL INTEREST RATES -- 11.6 DISINFLATION -- SUMMARY -- KEY TERMS -- QUESTIONS AND PROBLEMS -- Chapter 12 THE MEDIUM RUN IN AN OPEN ECONOMY -- 12.1 THE MEDIUM RUN -- 12.2 EXCHANGE RATE CRISES UNDER FIXED EXCHANGE RATES -- 12.3 EXCHANGE RATE MOVEMENTS UNDER FLEXIBLE EXCHANGE RATES -- 12.4 CHOOSING BETWEEN EXCHANGE RATE REGIMES -- SUMMARY -- KEY TERMS -- QUESTIONS AND PROBLEMS -- THE LONG RUN -- Chapter 13 THE FACTS OF GROWTH -- 13.1 MEASURING THE STANDARD OF LIVING -- 13.2 GROWTH IN RICH COUNTRIES SINCE 1950 -- 13.3 A BROADER LOOK ACROSS TIME AND SPACE -- 13.4 THINKING ABOUT GROWTH: A PRIMER -- SUMMARY -- KEY TERMS -- QUESTIONS AND PROBLEMS -- FURTHER READING -- Chapter 14 SAVING, CAPITAL ACCUMULATIONAND OUTPUT -- 14.1 INTERACTIONS BETWEEN OUTPUT AND CAPITAL -- 14.2 THE IMPLICATIONS OF ALTERNATIVE SAVING RATES -- 14.3 GETTING A SENSE OF MAGNITUDES -- 14.4 PHYSICAL VERSUS HUMAN CAPITAL -- SUMMARY -- KEY TERMS -- QUESTIONS AND PROBLEMS -- FURTHER READING -- APPENDIX The Cobb-Douglas production function and the steady state -- Chapter 15 TECHNOLOGICAL PROGRESS AND GROWTH -- 15.1 TECHNOLOGICAL PROGRESS AND THE RATE OF GROWTH -- 15.2 THE DETERMINANTS OF TECHNOLOGICAL PROGRESS -- 15.3 THE FACTS OF GROWTH REVISITED -- SUMMARY -- KEY TERMS -- QUESTIONS AND PROBLEMS -- FURTHER READING -- APPENDIX Constructing a measure of technological progress -- EXTENSIONS -- EXPECTATIONS -- Chapter 16 FINANCIAL MARKETS AND EXPECTATIONS. 16.1 EXPECTED PRESENT DISCOUNTED VALUES -- 16.2 BOND PRICES AND BOND YIELDS -- 16.3 THE STOCK MARKET AND MOVEMENTS IN STOCK PRICES -- 16.4 RISK, BUBBLES, FADS AND ASSET PRICES -- SUMMARY -- KEY TERMS -- QUESTIONS AND PROBLEMS -- FURTHER READING -- Chapter 17 EXPECTATIONS, CONSUMPTIONAND INVESTMENT -- 17.1 CONSUMPTION THEORY AND THE ROLE OF EXPECTATIONS -- 17.2 TOWARD A MORE REALISTIC DESCRIPTION -- 17.3 INVESTMENT -- 17.4 THE VOLATILITY OF CONSUMPTION AND INVESTMENT -- SUMMARY -- KEY TERMS -- QUESTIONS AND PROBLEMS -- APPENDIX Derivation of the expected present value of profits under static expectations -- Chapter 18 EXPECTATIONS, OUTPUT AND POLICY -- 18.1 EXPECTATIONS AND DECISIONS: TAKING STOCK -- 18.2 MONETARY POLICY, EXPECTATIONS AND OUTPUT -- 18.3 DEFICIT REDUCTION, EXPECTATIONS AND OUTPUT -- SUMMARY -- KEY TERMS -- QUESTIONS AND PROBLEMS -- EUROPE: PAST, PRESENT AND FUTURE -- Chapter 19 THE EURO AT FOURTEEN: WAS IT A GOOD IDEA AND WHY IS IT IN TROUBLE? -- 19.1 THE MONETARY HISTORY OF EUROPE FROM POST-WAR TO THE PRESENT DAY -- 19.2 IS EUROPE AN OPTIMAL CURRENCY AREA? -- 19.3 THE EUROPEAN SYSTEM OF CENTRAL BANKS: STRUCTURE AND OBJECTIVES -- 19.4 THE FIRST FOURTEEN YEARS OF THE EURO (1999-2013) -- 19.5 SHOULD THE OUTS JOIN? -- SUMMARY -- KEY TERMS -- QUESTIONS AND PROBLEMS -- FURTHER READING -- Chapter 20 THE CRISIS -- 20.1 FROM A HOUSING PROBLEM TO A FINANCIAL CRISIS -- 20.2 THE USE AND LIMITS OF POLICY -- 20.3 THE SLOW RECOVERY -- SUMMARY -- KEY TERMS -- QUESTIONS AND PROBLEMS -- FURTHER READING -- Chapter 21 HIGH DEBT -- 21.1 THE GOVERNMENT'S BUDGET CONSTRAINT -- 21.2 THE EVOLUTION OF THE DEBT-TO-GDP RATIO -- 21.3 THE RETURN FROM A HIGH DEBT -- SUMMARY -- KEY TERMS -- QUESTIONS AND PROBLEMS -- FURTHER READING -- SHOULD POLICY MAKERS BE RESTRAINED? -- Chapter 22 POLICY AND POLICY MAKERS: WHAT DO WE KNOW? -- 22.1 UNCERTAINTY AND POLICY. 22.2 EXPECTATIONS AND POLICY -- 22.3 POLITICS AND POLICY -- SUMMARY -- KEY TERMS -- QUESTIONS AND PROBLEMS -- FURTHER READING -- Chapter 23 MONETARY AND FISCAL POLICY RULES AND CONSTRAINTS -- 23.1 THE OPTIMAL INFLATION RATE -- 23.2 MONETARY POLICY RULES -- 23.3 FISCAL POLICY RULES AND CONSTRAINTS -- SUMMARY -- KEY TERMS -- QUESTIONS AND PROBLEMS -- FURTHER READING -- APPENDIX The time inconsistency problem: Barro and Gordon model -- EPILOGUE -- Chapter 24 THE STORY OF MACROECONOMICS -- 24.1 KEYNES AND THE GREAT DEPRESSION -- 24.2 THE NEOCLASSICAL SYNTHESIS -- 24.3 THE RATIONAL EXPECTATIONS CRITIQUE -- 24.4 RECENT DEVELOPMENTS UP TO THE CRISIS -- 24.5 FIRST LESSONS FROM THE CRISIS -- SUMMARY -- KEY TERMS -- FURTHER READING -- APPENDIX 1 A maths refresher -- APPENDIX 2 An introduction to econometrics -- GLOSSARY -- SYMBOLS USED IN THIS BOOK -- INDEX. |
| Record Nr. | UNINA-9910150216503321 |
|
Blanchard Olivier (Olivier J.)
|
||
| Harlow, England : , : Pearson, , 2013 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||