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A Modern Guide to Keynesian Macroeconomics and Economic Policies - Eckhard Hein

A Modern Guide to Keynesian Macroeconomics and Economic Policies

By: Eckhard Hein (Editor), Engelbert Stockhammer (Editor)

Hardcover Published: 1st April 2011
ISBN: 9781849801409
Number Of Pages: 392

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This unique and comprehensive 'modern guide' presents state-of-the-art surveys covering the main areas of macroeconomics and economic policy by well-known post-Keynesian authors. Erudite and accessible, the chapters explore intriguing and important issues including: * the history and methods of post-Keynesian economics * money, credit and central banks * growth and income distribution - post-Keynesian macroeconomics as an alternative to the New Consensus * the macroeconomics of unemployment and labour market issues * European economic policies * open economy models of distribution and growth * international monetary and global economics * financialisation and financial crisis. This well-documented book will prove to be the essential guide for researchers and graduate students in macroeconomics and political economy. It will also prove inspiring to a wider audience interested in modern Keynesian macroeconomics.

Industry Reviews

`The essays in this book are of the highest quality and give a substantial account of a strand of current heterodox thought.' -- Victoria Chick, Wirtschaft und Gesellschaft `For more than a decade, most macroeconomists convinced themselves they were witnessing a "Great Moderation". Many Keynesians saw instead the accumulation of a fragility and potential instability that have become dramatically manifest since 2007. The premise of this book is that the financial crisis and Great Recession necessitate a revival of Keynesian macroeconomics, emphasizing the central roles of effective demand, money and finance in modern capitalism. Comprising essays on all aspects of macroeconomic theory and policy, the book will prove invaluable for scholars and graduate students seeking to acquaint themselves with the frontiers of modern Keynesian macroeconomics.' -- Mark Setterfield, Trinity College, US

Contents: Introduction Eckhard Hein and Engelbert Stockhammer 1. History and Methods of Post-Keynesian Economics Marc Lavoie 2. Money, Credit and Central Banks in Post-Keynesian Economics Marc Lavoie 3. Growth and Income Distribution: A Post-Keynesian Perspective Amitava Dutt 4. Keynesian Economics and the New Consensus in Macroeconomics Philip Arestis 5. A Post-Keynesian Macroeconomic Model of Inflation, Distribution and Employment Eckhard Hein and Engelbert Stockhammer 6. The Macroeconomics of Unemployment Engelbert Stockhammer 7. Institutions, Aggregate Demand and Cross-Country Employment Performance: Alternative Theoretical Perspectives and the Evidence David Howell 8. European Economic and Monetary Union Policies from a Keynesian Perspective Philip Arestis 9. Open Economy Models of Distribution and Growth Robert Blecker 10. Globalisation, Macroeconomic Performance and Distribution A-zlem Onaran 11. International Monetary and Financial Architecture Hansjorg Herr 12. 'Financialisation', Distribution and Growth Eckhard Hein 13. Keynesian Approaches to Financial Crisis Gary Dymski

ISBN: 9781849801409
ISBN-10: 1849801401
Audience: Tertiary; University or College
Format: Hardcover
Language: English
Number Of Pages: 392
Published: 1st April 2011
Publisher: Edward Elgar Publishing Ltd
Country of Publication: GB
Dimensions (cm): 24.13 x 16.51  x 1.91
Weight (kg): 0.71

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