Strategic Competition, Dynamics, and the Role of the State: A New Perspective - Couverture rigide

Moudud, Jamee K.

 
9781845429232: Strategic Competition, Dynamics, and the Role of the State: A New Perspective
Couverture rigide
ISBN 10 : 1845429230 ISBN 13 : 9781845429232
Editeur : Edward Elgar Publishing Ltd, 2010

Synopsis

Jamee Moudud provides a new microfoundational explanation for the Harrodian long-run or warranted growth rate. The author, emphasizing the role of Keynesian uncertainty, shows that the growth model is anchored in a new interpretation of the Oxford Economists’ Research Group’s microeconomic analysis and a variant of the stock-flow consistent framework. In a distinctly Kaldorian vein, Jamee Moudud discusses the relationship between capital budgeting, public investment, and taxation policy as it relates to the warranted growth rate and its impact on long-term involuntary unemployment. Combining ideas from theorists involved in the Oxford Economists’ Research Group (especially Sir Roy Harrod, P.W.S. Andrews, and others), Kaldor, and Keynes, Jamee Moudud offers original insights into the impact of government spending and taxation policies on output. The book discusses and extends Harrod’s taxation-cum-public investment proposals to raise the warranted growth rate and strengthen the social safety net. Other topics explored in the text include: reasons that higher government spending/GDP shares have opposite short- and long-run effects, whether money supply can ever be different from money demand in a stock-flow consistent framework, and the effects of changes in the composition of government spending on the long-run growth path.The book provides the theoretical basis for new policy insights regarding the role of the state dealing with mass unemployment and poverty.Professional economists, graduate and advanced undergraduate students in economics, and policy researchers in international organizations will find this work a stimulating and thought-provoking addition to the field.

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À propos de l?auteur

Jamee K. Moudud, Member, Economics Faculty, Sarah Lawrence College, US

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Edward Elgar Publishing Ltd
Date d'édition
2010
Langue
anglais
ISBN 10 
1845429230
ISBN 13 
9781845429232
Reliure
Relié
Nombre de pages
192
Coordonnées du fabricant
non disponible
Personne responsable
non disponible