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Britain in the International Economy, 1870-1939 : Studies in Macroeconomic History - S.N. Broadberry

Britain in the International Economy, 1870-1939

Studies in Macroeconomic History

By: S.N. Broadberry (Editor), N. F. R. Crafts (Editor)

Hardcover

Published: 27th November 1992
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During the 1950s and 1960s, research on the prewar Britain economy was influenced strongly by ideas from Keynesian macroeconomics. After two decades of onslaught on Keynesian macroeconomics, it is important to reexamine this period of history, asking to what extent the Keynesian vision still offers useful insights into advances in time series analysis as well as developments in macroeconomics to answer this question. They show that a modified Keynesian approach continues to offer useful insights into this period of history. In particular, in the face of wage and price rigidities, shocks to aggregate demand are seen as an important source of fluctuations in real output and unemployment. Furthermore, a rigid attachment to simple rules rather than the exercise of discretion in policy making is seen to have had serious costs in the disturbed environment of the interwar period.

Foreword
British macroeconomic history 1870-1939: overview and key issues
An economic historians' introduction to modern time series techniques in econometrics
Great Britain and Fluctuations Under The Gold Standard 1870-1914
The gold standard since
British economic fluctuations in the nineteenth century: is there a role for money?
British economic fluctuations 1851-1913: a perspective based on growth theory
Price behaviour 1870-1914
price determination under the gold standard: Britain 1880-1913
Import prices, economic activity and the general price level in the UK 1870-1913
Money and interest rates in Britain from 1870 to 1913
The Open Economy Context Of Price And Output Movements 1870-1914
Silver, gold and the international monetary order 1851-96
The world economy and pre- World War I Argentina
The Macroeconomy In The Interwar Years
Institutional rigidity in the British labour market 1870-1939: a comparative perspective
Employment and wages in the interwar period: the case of the staple industries
The gold standard between the wars
Purchasing power parity and controls during the 1930s
References
Index
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521418591
ISBN-10: 0521418593
Series: Studies in Macroeconomic History
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 442
Published: 27th November 1992
Publisher: Cambridge University Press
Country of Publication: GB
Dimensions (cm): 22.8 x 15.2  x 2.9
Weight (kg): 0.82