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9780415771221

Time and Money: The Macroeconomics of Capital Structure

by ;
  • ISBN13:

    9780415771221

  • ISBN10:

    0415771226

  • Edition: Revised
  • Format: Nonspecific Binding
  • Copyright: 2000-11-30
  • Publisher: Routledge

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Summary

Time and Money argues persuasively that the troubles which characterise modern capital-intensive economies, particularly the episodes of boom and bust, may best be analysed with the aid of a capital-based macroeconomics. The primary focus of this text is the intertemporal structure of capital, an area that until now has been neglected in favour of labour and money-based macroeconomics.

Table of Contents

The Macroeconomics of Capital Structure
An Agenda for Macroeconomics
Capital-based Macroeconomics
Sustainable and Unsustainable Growth
Fiscal and Regulatory Issues
Risk, Debt and Bubbles: Variation on a Theme
Labour-based Macroeconomics
Cyclical Unemployment and Policy Prescription
Secular Unemployment and Social Reform
Boom and Bust in the Monetarists' Vision
Monetary Disequilibrium Theory
Macroeconomics: Taxonomy and Perspective
Table of Contents provided by Publisher. All Rights Reserved.

Supplemental Materials

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