Knowledge, Information, and Expectations in Modern Macroeconomics : : In Honor of Edmund S. Phelps / / ed. by Philippe Aghion, Michael Woodford, Joseph E. Stiglitz, Roman Frydman.
Macroeconomics would not be what it is today without Edmund Phelps. This book assembles the field's leading figures to highlight the continuing influence of his ideas from the past four decades. Addressing the most important current debates in macroeconomic theory, it focuses on the rates at wh...
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| Superior document: | Title is part of eBook package: De Gruyter Princeton University Press eBook-Package Backlist 2000-2013 |
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| Place / Publishing House: | Princeton, NJ : : Princeton University Press, , [2022] ©2003 |
| Year of Publication: | 2022 |
| Language: | English |
| Online Access: | |
| Physical Description: | 1 online resource (592 p.) :; 227 line illus. 21 tables. |
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| LEADER | 13261nam a22019575i 4500 | ||
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| 001 | 9780691223933 | ||
| 003 | DE-B1597 | ||
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| 024 | 7 | |a 10.1515/9780691223933 |2 doi | |
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| 040 | |a DE-B1597 |b eng |c DE-B1597 |e rda | ||
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| 044 | |a nju |c US-NJ | ||
| 050 | 0 | 0 | |a HB119.P48 |
| 072 | 7 | |a BUS069000 |2 bisacsh | |
| 245 | 0 | 0 | |a Knowledge, Information, and Expectations in Modern Macroeconomics : |b In Honor of Edmund S. Phelps / |c ed. by Philippe Aghion, Michael Woodford, Joseph E. Stiglitz, Roman Frydman. |
| 264 | 1 | |a Princeton, NJ : |b Princeton University Press, |c [2022] | |
| 264 | 4 | |c ©2003 | |
| 300 | |a 1 online resource (592 p.) : |b 227 line illus. 21 tables. | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 347 | |a text file |b PDF |2 rda | ||
| 505 | 0 | 0 | |t Frontmatter -- |t Contents -- |t Contributors -- |t Edmund Phelps, Insider-Economists’ Insider -- |t Edmund S. Phelps and Modern Macroeconomics -- |t Part I. Information, Wage-Price Dynamics, and Business Fluctuations -- |t 1. Imperfect Common Knowledge and the Effects of Monetary Policy -- |t 2. Comments onWoodford -- |t 3. Sticky Information: A Model of Monetary Nonneutrality and Structural Slumps -- |t 4. A Theory of Rational Inflationary Inertia -- |t 5. Comments on Calvo, Celasun, and Kumhof -- |t 6. Macroeconomic Fluctuations in an Economy of Phelps-Winter Markets -- |t 7. General Comments on Part I -- |t Part II. Imperfect Knowledge, Expectations, and Rationality -- |t 8. Imperfect Knowledge Expectations, Uncertainty-Adjusted Uncovered Interest Rate Parity, and Exchange Rate Dynamics -- |t 9. Comments on Frydman and Goldberg -- |t 10. Endogenous Fluctuations and the Role of Monetary Policy -- |t 11. A Debt Puzzle -- |t 12. Comments on Laibson, Repetto, and Tobacman -- |t 13. Reflections on Parts I and II -- |t Part III. Determinants of Equilibrium Unemployment -- |t 14. How Monopsonistic Is the (Danish) Labor Market? -- |t 15. Company Start-Up Costs and Employment -- |t 16. European Unemployment: From a Worker’s Perspective -- |t 17. Comments on Ljungqvist and Sargent -- |t 18. Flexibility and Job Creation: Lessons for Germany -- |t 19. The Beveridge Curve, Unemployment, andWages in the OECD from the 1960s to the 1990s -- |t 20. Comments on Nickell, Nunziata, Ochel, and Quintini PART IV Education, Technical Change, and Growth -- |t Part IV. Education, Technical Change, and Growth -- |t 21. Wage Inequality and Technological Change: A Nelson-Phelps Approach -- |t 22. Comments on Aghion, Howitt, and Violante -- |t 23. Factor Prices and Technical Change: From Induced Innovations to Recent Debates -- |t 24. Comments on Acemoglu -- |t 25. Population and Ideas: A Theory of Endogenous Growth -- |t 26. Another View of Investment: 40 Years Later -- |t 27. General Comments on Part IV -- |t 28. Reflections on Parts III and IV -- |t Index |
| 506 | 0 | |a restricted access |u http://purl.org/coar/access_right/c_16ec |f online access with authorization |2 star | |
| 520 | |a Macroeconomics would not be what it is today without Edmund Phelps. This book assembles the field's leading figures to highlight the continuing influence of his ideas from the past four decades. Addressing the most important current debates in macroeconomic theory, it focuses on the rates at which new technologies arise and information about markets is dispersed, information imperfections, and the heterogeneity of beliefs as determinants of an economy's performance. The contributions, which represent a breadth of contemporary theoretical approaches, cover topics including the real effects of monetary disturbances, difficulties in expectations formation, structural factors in unemployment, and sources of technical progress. Based on an October 2001 conference honoring Phelps, this incomparable volume provides the most comprehensive and authoritative account in years of the present state of macroeconomics while also pointing to its future. The fifteen chapters are by the editors and by Daron Acemoglu, Jess Benhabib, Guillermo A. Calvo, Oya Celasun, Michael D. Goldberg, Bruce Greenwald, James J. Heckman, Bart Hobijn, Peter Howitt, Hehui Jin, Charles I. Jones, Michael Kumhof, Mordecai Kurz, David Laibson, Lars Ljungqvist, N. Gregory Mankiw, Dale T. Mortensen, Maurizio Motolese, Stephen Nickell, Luca Nunziata, Wolfgang Ochel, Christopher A. Pissarides, Glenda Quintini, Ricardo Reis, Andrea Repetto, Thomas J. Sargent, Jeremy Tobacman, and Gianluca Violante. Commenting are Olivier J. Blanchard, Jean-Paul Fitoussi, Mark Gertler, Robert E. Hall, Robert E. Lucas, Jr., David H. Papell, Robert A. Pollak, Robert M. Solow, Nancy L. Stokey, and Lars E. O. Svensson. Also included are reflections by Phelps, a preface by Paul A. Samuelson, and the editors' introduction. | ||
| 538 | |a Mode of access: Internet via World Wide Web. | ||
| 546 | |a In English. | ||
| 588 | 0 | |a Description based on online resource; title from PDF title page (publisher's Web site, viewed 29. Jul 2022) | |
| 650 | 0 | |a Economists |z United States |v Congresses. | |
| 650 | 0 | |a Macroeconomics |v Congresses. | |
| 650 | 7 | |a BUSINESS & ECONOMICS / Economics / General. |2 bisacsh | |
| 653 | |a Argentina. | ||
| 653 | |a Baxter-Stockman puzzle. | ||
| 653 | |a Browning, M. | ||
| 653 | |a Canada, investment in. | ||
| 653 | |a Carlstrom, C. | ||
| 653 | |a Dixit-Stiglitz model. | ||
| 653 | |a Drazen, A. | ||
| 653 | |a Finland, unions in. | ||
| 653 | |a Friedman, Milton. | ||
| 653 | |a Internet usage. | ||
| 653 | |a Olson, Mancur. | ||
| 653 | |a accelerationist Phillips curve. | ||
| 653 | |a advertising expenditures. | ||
| 653 | |a anonymity. | ||
| 653 | |a assessment variables. | ||
| 653 | |a average opinion. | ||
| 653 | |a balanced growth path (BGP). | ||
| 653 | |a bankruptcy. | ||
| 653 | |a behavioral economics. | ||
| 653 | |a belief structure. | ||
| 653 | |a channel capacities. | ||
| 653 | |a common knowledge. | ||
| 653 | |a constant-gain algorithm. | ||
| 653 | |a debt puzzle. | ||
| 653 | |a disability benefits. | ||
| 653 | |a disequilibrium. | ||
| 653 | |a efficiency wages. | ||
| 653 | |a electricity. | ||
| 653 | |a entrepreneurial thesis. | ||
| 653 | |a equity premium puzzle. | ||
| 653 | |a excess returns puzzle. | ||
| 653 | |a exponential discount functions. | ||
| 653 | |a financial accelerator. | ||
| 653 | |a geographic mobility. | ||
| 653 | |a habit formation. | ||
| 653 | |a higher-order beliefs. | ||
| 653 | |a hyperbolic time preferences. | ||
| 653 | |a hyperinflation. | ||
| 653 | |a imperfect knowledge. | ||
| 653 | |a incentive wages. | ||
| 653 | |a infinite-regress problem. | ||
| 653 | |a inflation inertia. | ||
| 653 | |a inflation models. | ||
| 653 | |a job satisfactions. | ||
| 653 | |a job-training programs. | ||
| 653 | |a labor market model. | ||
| 653 | |a learning models. | ||
| 653 | |a matching theory. | ||
| 653 | |a microfounded models. | ||
| 653 | |a monetary equilibrium. | ||
| 653 | |a money neutrality. | ||
| 653 | |a natural rate hypothesis. | ||
| 653 | |a neoclassical growth model. | ||
| 653 | |a new classical macroeconomics. | ||
| 653 | |a owner-occupied housing. | ||
| 653 | |a payroll taxes. | ||
| 700 | 1 | |a Acemoglu, Daron, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Aghion, Philippe, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Aghion, Philippe, |e editor. |4 edt |4 http://id.loc.gov/vocabulary/relators/edt | |
| 700 | 1 | |a Benhabib, Jess, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Blanchard, Olivier J., |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Calvo, Guillermo A., |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Celasun, Oya, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Fitoussi, Jean-Paul, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Frydman, Roman, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Frydman, Roman, |e editor. |4 edt |4 http://id.loc.gov/vocabulary/relators/edt | |
| 700 | 1 | |a Gertler, Mark, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Goldberg, Michael D., |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Greenwald, Bruce, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Hall, Robert E., |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Heckman, James J., |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Hobijn, Bart, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Howitt, Peter, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Jin, Hehui, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Jones, Charles I., |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Kumhof, Michael, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Kurz, Mordecai, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Laibson, David, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Ljungqvist, Lars, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Lucas, Robert E., |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Mankiw, N. Gregory, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Mortensen, Dale T., |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Motolese, Maurizio, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Nickell, Stephen, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Nunziata, Luca, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Ochel, Wolfgang, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Papell, David H., |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Phelps, Edmund S., |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Pissarides, Christopher A., |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Pollak, Robert A., |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Quintini, Glenda, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Reis, Ricardo, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Repetto, Andrea, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Samuelson, Paul A., |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Sargent, Thomas J., |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Solow, Robert M., |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Stiglitz, Joseph E., |e editor. |4 edt |4 http://id.loc.gov/vocabulary/relators/edt | |
| 700 | 1 | |a Stiglitz, Joseph, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Stokey, Nancy L., |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Svensson, Lars E. O., |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Tobacman, Jeremy, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Violante, Gianluca, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Woodford, Michael, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
| 700 | 1 | |a Woodford, Michael, |e editor. |4 edt |4 http://id.loc.gov/vocabulary/relators/edt | |
| 773 | 0 | 8 | |i Title is part of eBook package: |d De Gruyter |t Princeton University Press eBook-Package Backlist 2000-2013 |z 9783110442502 |
| 773 | 0 | 8 | |i Title is part of eBook package: |d De Gruyter |t Princeton University Press eBook-Package Gap Years |z 9783110784237 |
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| 912 | |a 978-3-11-078423-7 Princeton University Press eBook-Package Gap Years | ||
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