Title:
Selected readings in macroeconomics and capital theory from econometrica
Series:
Selected readings from econometrica, 3
Publication Information:
Cambridge, Mass : MIT Press, 1974
ISBN:
9780262030519
Subject Term:
Available:*
Library | Item Barcode | Call Number | Material Type | Item Category 1 | Status |
---|---|---|---|---|---|
Searching... | 30000000039036 | HB141 S45 1974 | Open Access Book | Book | Searching... |
On Order
Summary
Summary
A great many of the most important developments in modern economics were first revealed in the pages of Econometrica. This selection of readings from that journal is the third in a series and contains its editors' choice of the best articles in the general area of macroeconomics and capital theory that appeared in issues dating from 1935 to 1966. A broad range of topics is covered in the 27 articles selected in order to indicate the general extent of the field. A few of the articles were microeconomic in their original intent but have a clear influence on later macroeconomic theory.
Table of Contents
Preface | p. ix |
1 A Macrodynamic Theory of Business Cycles | p. 1 |
2 The Summation of Random Causes as the Source of Cyclic Processes | p. 19 |
3 Mr. Keynes and The Classics: A Suggested Interpretation | p. 61 |
4 Money and the Theory of Assets | p. 74 |
5 Process Analysis and Equilibrium Analysis | p. 89 |
6 Liquidity Preference and the Theory of Interest and Money | p. 102 |
7 Multiplier Effects of a Balanced Budget | p. 147 |
8 Capital Expansion, Rate of Growth, and Employment | p. 155 |
9 Macroeconomics and the Theory of Rational Behavior | p. 168 |
10 Sur la possibilite de construction de certains macromodeles | p. 184 |
11 Note: Some Conditions of Macroeconomic Stability | p. 197 |
12 A Multiple-Region Theory of Income and Trade | p. 201 |
13 The Nonlinear Accelerator and the Persistence of Business Cycles | p. 227 |
14 The Rate of Interest | p. 244 |
15 Capital Accumulation and the Efficient Allocation of Resources | p. 264 |
16 Balanced Growth under Constant Returns to Scale | p. 301 |
17 A Generalization of the von Neumann Model of an Expanding Economy | p. 314 |
18 A Model Explaining the Pareto Distribution of Wealth | p. 335 |
19 Competitive Valuation in a Dynamic Input-Output System | p. 340 |
20 Substitution versus Fixed Production Coefficients in the Theory of Economic Growth | p. 364 |
21 Rational Expectations and the Theory of Price Movements | p. 384 |
22 Buffer Stocks, Sales Expectations and Stability: A Multi-Sector Analysis of the Inventory Cycle | p. 405 |
23 The Accumulation of Risky Capital: A Sequential Utility Analysis | p. 435 |
24 Turnpike Theorems for a Generalized Leontief Model | p. 450 |
25 Persistence of Continual Growth near the von Neumann Ray: A Strong Version of the Radner Turnpike Theorem | p. 466 |
26 Money and Economic Growth | p. 478 |
27 Optimum Growth in an Aggregative Model of Capital Accumulation: A Turnpike Theorem | p. 491 |
Index | p. 509 |