Narrow your search
Listing 1 - 10 of 49 << page
of 5
>>
Sort by
Ajustement structurel, Ajustement informel : Le cas du Niger
Authors: ---
ISBN: 2738410510 9782738410511 Year: 1991 Publisher: Paris Éditions L'Harmattan

International coordination of national stabilization policies
Author:
ISBN: 0815712561 0815712553 9780815712558 Year: 1995 Publisher: Washington, D.C. Brookings Institution

A.W.H. Phillips : collected works in contemporary perspective
Authors: ---
ISBN: 0521571359 0521168457 0511521987 9780521571357 Year: 2000 Publisher: Cambridge : Cambridge University Press,

Loading...
Export citation

Choose an application

Bookmark

Abstract

Virtually all of contemporary macroeconomics is underpinned by a Phillips curve of one variety or another; yet most of this literature displays a curious neglect of the theoretical dynamic stabilisation perspective provided by A. W. H. Phillips. This 2000 volume collected for the first time the major work of one of the great economists, integrating Phillips's empirical work with his theoretical contribution. In addition to twelve substantive chapters, twenty-nine economists including Lawrence Klein, James Meade, Thomas Sargent, Peter Phillips, David Hendry, William Baumol, Richard Lipsey and Geoffrey Harcourt highlight and interpret Phillips's ongoing influence. This volume also contains six of Phillips's previously unpublished essays, four of which were thought to have been lost. The fifth such essay (Phillips's second empirical Phillips curve) was previously an informal working paper of which few copies circulated, and the sixth essay is a forerunner of the Lucas Critique written by Phillips shortly before his death.

Financial crisis, contagion, and containment : from Asia to Argentina
Author:
ISBN: 0691113920 1322307296 0691164606 1400865379 9780691113920 9781400865376 Year: 2003 Publisher: Princeton, New Jersey : Princeton University Press,

Loading...
Export citation

Choose an application

Bookmark

Abstract

This book provides a sweeping, up-to-date, and boldly critical account of the financial crises that rocked East Asia and other parts of the world beginning with the collapse of the Thai baht in 1997. Retracing the story of Asia's "Crisis Five"--Indonesia, Malaysia, South Korea, the Philippines, and Thailand--Padma Desai argues that the region's imprudently fast-paced opening to the free flow of capital was pushed by determined advocates, official and private, in the global economy's U.S.-led developed center. Turmoil ensued in these peripheral economies, the Russian ruble faltered, and Brazil was eventually hit. The inequitable center-periphery relationship also extended to the policy measures that the crisis-swept economies implemented under International Monetary Fund bailouts, which intensified the downturns induced by the panic-driven outflows of short-term capital. Financial Crisis, Contagion, and Containment examines crisis origin and resolution in a comparative perspective by combing empirical evidence from the most robust economies to the least. Why is the U.S. relatively successful at weathering economic ups and downs? Why is Japan stuck in policy paralysis? Why is the European Central Bank unable to achieve both inflation control and stable growth? How can emerging markets avoid turbulence amid free-flowing speculative capital from private lenders of the developed center? Engaging and nontechnical yet deeply insightful, this book appears at a time when the continuing turmoil in Argentina has revived policy debates for avoiding and addressing financial crises in emerging market economies.

Listing 1 - 10 of 49 << page
of 5
>>
Sort by