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Imperfect competition, nonclearing markets and business cycles

Author: Jean-Pascal Bénassy
Publisher: Cheltenham : Elger Reference collection, 2006.
Series: International library of critical writings in economics, 192.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:

This timely title gives a full account of the field, starting with the various general equilibrium traditions that ultimately led to this research area, and then describing the evolution of the  Read more...

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Document Type: Book
All Authors / Contributors: Jean-Pascal Bénassy
ISBN: 1843760037 9781843760030
OCLC Number: 65202611
Description: xxiii, 562 pages : illustrations ; 25 cm.
Contents: 1. A mathematical theory of saving / F. P. Ramsey --
2. Existence of an equilibrium for a competitive economy / Kenneth J. Arrow and Gerard Debreu --
3. The role of securities in the optimal allocation of risk-bearing / K. J. Arrow --
4. The Keynesian counterrevolution : a theoretical appraisal / Robert Clower --
5. A general disequilibrium model of income and employment / Robert J. Barro and Herschel I. Grossman --
6. Existence of an exchange equilibrium under price rigidities / Jacques H. Dreze --
7. Neo-Keynesian disequilibrium theory in a monetary economy / Jean-Pascal Benassy --
8. Fixprice analysis in productive economies / Joaquim Silvestre --
9. Monopolistic competition and general equilibrium / Takashi Negishi --
10. Oligopoly "a la Cournot" in a general equilibrium analysis / Jean Jaskold Gabszewicz and Jean-Philippe Vial --
11. The objective demand curve in general equilibrium with price makers / Jean-Pascal Benassy --
12. Expectations and the neutrality of money / Robert E. Lucas, Jr. --
13. Time to build and aggregate fluctuations / Finn E. Kydland and Edward C. Prescott --
14. Real business cycles / John B. Long, Jr. and Charles I. Plosser --
15. Sticky goods prices, flexible asset prices, monopolistic competition, and monetary policy / Lars E. O. Svensson --
16. Risk sharing, the minimum wage, and the business cycle / Jean-Pierre Danthine and John B. Donaldson --
17. Money and the business cycle with one-period nominal contracts / Jang-Ok Cho --
18. Money, new-Keynesian macroeconomics and the business cycle / Jean-Olivier Hairault and Franck Portier --
19. Money and wage contracts in an optimizing model of the business cycle / Jean-Pascal Benassy --
20. The welfare cost of nominal wage contracting / Jang-Ok Cho, Thomas F. Cooley and Louis Phaneuf --
21. Staggered prices in a utility-maximizing framework / Guillermo A. Calvo --
22. Nominal price rigidity, money supply endogeneity, and business cycles / Tack Yun --
23. Persistency in sticky price models / Torben M. Andersen --
24. Generating real persistent effects of monetary shocks : how much nominal rigidity do we really need? / Olivier Jeanne --
25. Output and inflation dynamics under price and wage staggering : analytical results / Jean-Pascal Benassy --
26. Nominal rigidities and the dynamic effects of a shock to monetary policy / Lawrence J. Christiano, Martin Eichenbaum and Charles L. Evans.
Series Title: International library of critical writings in economics, 192.
Responsibility: edited by Jean-Pascal Bénassy.

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`Modern macrotheory features some ideas that are either very deep or very peculiar. This excellent collection includes some of the original sources of those ideas, and then goes on to show by example Read more...

 
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