> Details
Acemoglu, Daron
[Contributor];
Aghion, Philippe
[Contributor];
Aghion, Philippe
[Editor];
Benhabib, Jess
[Contributor];
Blanchard, Olivier J.
[Contributor];
Calvo, Guillermo A.
[Contributor];
Celasun, Oya
[Contributor];
Fitoussi, Jean-Paul
[Contributor];
Frydman, Roman
[Contributor];
Frydman, Roman
[Editor];
Gertler, Mark
[Contributor];
Goldberg, Michael D.
[Contributor];
Greenwald, Bruce
[Contributor];
Hall, Robert E.
[Contributor];
Heckman, James J.
[Contributor];
Hobijn, Bart
[Contributor];
Howitt, Peter
[Contributor];
Jin, Hehui
[Contributor];
Jones, Charles I.
[Contributor];
Kumhof, Michael
[Contributor];
Kurz, Mordecai
[Contributor];
Laibson, David
[Contributor];
Ljungqvist, Lars
[Contributor];
Lucas, Robert E.
[Contributor];
[...]
Knowledge, Information, and Expectations in Modern Macroeconomics
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- Media type: E-Book
- Title: Knowledge, Information, and Expectations in Modern Macroeconomics : In Honor of Edmund S. Phelps
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Contains:
Frontmatter
Contents
Contributors
Edmund Phelps, Insider-Economists’ Insider
Edmund S. Phelps and Modern Macroeconomics
Part I. Information, Wage-Price Dynamics, and Business Fluctuations
1. Imperfect Common Knowledge and the Effects of Monetary Policy
2. Comments onWoodford
3. Sticky Information: A Model of Monetary Nonneutrality and Structural Slumps
4. A Theory of Rational Inflationary Inertia
5. Comments on Calvo, Celasun, and Kumhof
6. Macroeconomic Fluctuations in an Economy of Phelps-Winter Markets
7. General Comments on Part I
Part II. Imperfect Knowledge, Expectations, and Rationality
8. Imperfect Knowledge Expectations, Uncertainty-Adjusted Uncovered Interest Rate Parity, and Exchange Rate Dynamics
9. Comments on Frydman and Goldberg
10. Endogenous Fluctuations and the Role of Monetary Policy
11. A Debt Puzzle
12. Comments on Laibson, Repetto, and Tobacman
13. Reflections on Parts I and II
Part III. Determinants of Equilibrium Unemployment
14. How Monopsonistic Is the (Danish) Labor Market?
15. Company Start-Up Costs and Employment
16. European Unemployment: From a Worker’s Perspective
17. Comments on Ljungqvist and Sargent
18. Flexibility and Job Creation: Lessons for Germany
19. The Beveridge Curve, Unemployment, andWages in the OECD from the 1960s to the 1990s
20. Comments on Nickell, Nunziata, Ochel, and Quintini PART IV Education, Technical Change, and Growth
Part IV. Education, Technical Change, and Growth
21. Wage Inequality and Technological Change: A Nelson-Phelps Approach
22. Comments on Aghion, Howitt, and Violante
23. Factor Prices and Technical Change: From Induced Innovations to Recent Debates
24. Comments on Acemoglu
25. Population and Ideas: A Theory of Endogenous Growth
26. Another View of Investment: 40 Years Later
27. General Comments on Part IV
28. Reflections on Parts III and IV
Index
- Contributor: Acemoglu, Daron [Contributor]; Aghion, Philippe [Contributor]; Aghion, Philippe [Editor]; Benhabib, Jess [Contributor]; Blanchard, Olivier J. [Contributor]; Calvo, Guillermo A. [Contributor]; Celasun, Oya [Contributor]; Fitoussi, Jean-Paul [Contributor]; Frydman, Roman [Contributor]; Frydman, Roman [Editor]; Gertler, Mark [Contributor]; Goldberg, Michael D. [Contributor]; Greenwald, Bruce [Contributor]; Hall, Robert E. [Contributor]; Heckman, James J. [Contributor]; Hobijn, Bart [Contributor]; Howitt, Peter [Contributor]; Jin, Hehui [Contributor]; Jones, Charles I. [Contributor]; Kumhof, Michael [Contributor]; Kurz, Mordecai [Contributor]; Laibson, David [Contributor]; Ljungqvist, Lars [Contributor]; Lucas, Robert E. [Contributor]; Mankiw, N. Gregory [Contributor]; Mortensen, Dale T. [Contributor]; Motolese, Maurizio [Contributor]; Nickell, Stephen [Contributor]; Nunziata, Luca [Contributor]; Ochel, Wolfgang [Contributor]; Papell, David H. [Contributor]; Phelps, Edmund S. [Contributor]; Pissarides, Christopher A. [Contributor]; Pollak, Robert A. [Contributor]; Quintini, Glenda [Contributor]; Reis, Ricardo [Contributor]; Repetto, Andrea [Contributor]; Samuelson, Paul A. [Contributor]; Sargent, Thomas J. [Contributor]; Solow, Robert M. [Contributor]; Stiglitz, Joseph E. [Editor]; Stiglitz, Joseph [Contributor]; Stokey, Nancy L. [Contributor]; Svensson, Lars E. O. [Contributor]; Tobacman, Jeremy [Contributor]; Violante, Gianluca [Contributor]; Woodford, Michael [Contributor]; Woodford, Michael [Editor]
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Published:
Princeton, NJ: Princeton University Press, [2022]
- Extent: 1 Online-Ressource (592 p.); 227 line illus. 21 tables
- Language: English
- DOI: 10.1515/9780691223933
- ISBN: 9780691223933
- Identifier:
- Keywords: Economists United States Congresses ; Macroeconomics Congresses ; BUSINESS & ECONOMICS / Economics / General ; Argentina ; Baxter-Stockman puzzle ; Browning, M ; Canada, investment in ; Carlstrom, C ; Dixit-Stiglitz model ; Drazen, A ; Finland, unions in ; Friedman, Milton ; Internet usage ; Olson, Mancur ; accelerationist Phillips curve ; advertising expenditures ; anonymity ; assessment variables ; average opinion ; balanced growth path (BGP) ; bankruptcy ; behavioral economics ; belief structure ; channel capacities ; [...]
- Origination:
- University thesis:
-
Footnote:
In English
- Description: Macroeconomics would not be what it is today without Edmund Phelps. This book assembles the field's leading figures to highlight the continuing influence of his ideas from the past four decades. Addressing the most important current debates in macroeconomic theory, it focuses on the rates at which new technologies arise and information about markets is dispersed, information imperfections, and the heterogeneity of beliefs as determinants of an economy's performance. The contributions, which represent a breadth of contemporary theoretical approaches, cover topics including the real effects of monetary disturbances, difficulties in expectations formation, structural factors in unemployment, and sources of technical progress. Based on an October 2001 conference honoring Phelps, this incomparable volume provides the most comprehensive and authoritative account in years of the present state of macroeconomics while also pointing to its future. The fifteen chapters are by the editors and by Daron Acemoglu, Jess Benhabib, Guillermo A. Calvo, Oya Celasun, Michael D. Goldberg, Bruce Greenwald, James J. Heckman, Bart Hobijn, Peter Howitt, Hehui Jin, Charles I. Jones, Michael Kumhof, Mordecai Kurz, David Laibson, Lars Ljungqvist, N. Gregory Mankiw, Dale T. Mortensen, Maurizio Motolese, Stephen Nickell, Luca Nunziata, Wolfgang Ochel, Christopher A. Pissarides, Glenda Quintini, Ricardo Reis, Andrea Repetto, Thomas J. Sargent, Jeremy Tobacman, and Gianluca Violante. Commenting are Olivier J. Blanchard, Jean-Paul Fitoussi, Mark Gertler, Robert E. Hall, Robert E. Lucas, Jr., David H. Papell, Robert A. Pollak, Robert M. Solow, Nancy L. Stokey, and Lars E. O. Svensson. Also included are reflections by Phelps, a preface by Paul A. Samuelson, and the editors' introduction
- Access State: Restricted Access | Information to licenced electronic resources of the SLUB