Money Employment and Inflation
Cambridge University Press
Published on 26. March 1976
Book
Hardback
276 pages
978-0-521-20906-9 (ISBN)
Article exhausted; check for reprint
Description
This is a textbook on macroeconomic theory that attempts to rework the theory of macroeconomic relations through a re-examination of their microeconomic foundations. In the tradition of Keynes's General Theory of Employment, Interest and Money (published in 1936), and Patinkin's Money, Interest, and Prices, published in 1956 and revised in 1965, this book represents a third generation of macroeconomic theory. This book presents a comprehensive choice-theoretic analysis of the determination of the level of employment and the rate of inflation. A central feature of the book is the recasting of macroeconomic analysis in terms of a theory of exchange under non-market-clearing conditions. In addition, the analysis incorporates other aspects of the current reformulation of macroeconomic theory, including the relation between inflationary expectations, rates of return, and unemployment, the dynamics of aggregate demand, and the significance of incomplete information regarding the spatial distribution of wages and prices.
More details
Language
English
Place of publication
Cambridge
United Kingdom
Target group
College/higher education
Illustrations
Worked examples or Exercises
Dimensions
Height: 228 mm
Width: 152 mm
Weight
510 gr
ISBN-13
978-0-521-20906-9 (9780521209069)
Copyright in bibliographic data is held by Nielsen Book Services Limited or its licensors: all rights reserved.
Schweitzer Classification
Other editions
New editions

Robert J. Barro | Herschel I. Grossman
Money Employment and Inflation
Book
07/2008
Cambridge University Press
€59.50
Shipment within 15-20 days
Additional editions

Robert J. Barro | Herschel I. Grossman
Money Employment and Inflation
Book
07/2008
Cambridge University Press
€59.50
Shipment within 15-20 days
Persons
Content
1. The basic model; 2. Output and employment under non market-clearing conditions; 3. Capital, financial assets and the rate of return; 4. Inflation and the rates of return; 5. Inflation and unemployment; 6. The dynamics of aggregate demand; 7. Output and employment with wage and price speculation.