Vendeur : Forgotten Books, London, Royaume-Uni
Paperback. Etat : New. Print on Demand. This book offers a revolutionary understanding of Keynesian economics by examining its microfoundations. The author delves into various economic models, demonstrating how rigidities in pricing and costly price adjustments can lead to a Keynesian world where money supply affects output. It explores the implications of these ideas, arguing that small increases in the money supply can stimulate aggregate activity, even in the absence of classical demand curves for money balances. The author also analyzes the welfare properties of equilibrium situations, highlighting the trade-offs between price rigidity and economic stability. Ultimately, this book provides valuable insights into the behavior of product markets and challenges conventional views on the relationship between prices, wages, and output. Its innovative approach sheds new light on the complexities of Keynesian economics and its relevance to contemporary economic issues. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781330746318_0
Quantité disponible : Plus de 20 disponibles
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781330746318
Quantité disponible : 15 disponible(s)
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781330746318
Quantité disponible : 15 disponible(s)