Volatility And Growth (Clarendon Lectures in Economics) Год выпуска: 2005Автор: Phillipe AghionИздательство: Страниц: 0ISBN: 0199248613Описание Book DescriptionIt has long been recognized that productivity growth and the business cycle are closely interrelated. Yet, until recently, the two phenomena have been investigated separately in the economics literature. This book provides the first consistent attempt to analyze the effects of macroeconomic volatility on productivity growth, and also the reverse causality from growth to business cycles. The authors show that by looking at the economy through the lens of private entrepreneurs, who invest under credit constraints, one can go some way towards explaining persistent macroeconomic volatility and the effects of volatility on growth. Beginning with an analysis of the effects of volatility on growth, the authors argue that the lower the level of financial development in a country the more detrimental the effect of volatility on growth. This prediction is confirmed by cross-country panel regressions. The data also suggests that a fixed exchange rate regime or more...
Похожие книги
Jess Benhabib. Cycles and Chaos in Economic Equilibrium. – М.: , 0. – 0 с. Peter Boone, Stanislaw Gomulka, Richard Layard, P. R. G. Layard, London School of Economics and Political Science Centre for Economic P. Emerging from Communism: Lessons from Russia, China, and Eastern Europe. – М.: , 0. – 0 с. Michael Bruno. Crisis, Stabilization, and Economic Reform: Therapy by Consensus (Clarendon Lectures in Economics). – М.: , 0. – 0 с. George A. Jouganatos. The Development of the Greek Economy, 1950-1991: An Historical, Empirical, and Econometric Analysis (Contributions in Economics and Economic History). – М.: , 0. – 0 с. Stephen Knack. Democracy, Governance, and Growth (Economics, Cognition, and Society). – М.: , 0. – 0 с. Robert J. Shiller. Macro Markets: Creating Institutions for Managing Society's Largest Economic Risks (Clarendon Lectures in Economics S.). – М.: , 0. – 0 с. David Card, Richard Blundell, Richard B. Freeman, London School of Economics and Political Science Centre for Economic P, David E. Card. Seeking a Premier Economy: The Economic Effects of British Economic Reforms, 1980-2000 (National Bureau of Economic Research). – М.: , 0. – 0 с. Jean-Jacques Laffont. Incentives and Political Economy (Clarendon Lectures in Economics). – М.: , 0. – 0 с. Murat R. Sertel, Semih Koray, t Society for Economic Design International Conference 2000 Istanbul. Advances in Economic Design (Studies in Economic Design). – М.: , 0. – 0 с. International Symposium in Economic Theory and Econometrics 1996 univ, Carl Chiarella, Steve Keen, Robert Marks, Hermann Schnabl. Commerce, Complexity, and Evolution: Topics in Economics, Finance, Marketing, and Management : Proceedings of the Twelfth International Symposium in E ... Symposia in Economic Theory and Econometrics). – М.: , 0. – 0 с. Richard Vietor. Globalization and Growth : Case Studies in National Economic Strategies. – М.: , 2004. – 0 с. Phillipe Aghion. Volatility And Growth (Clarendon Lectures in Economics). – М.: , 2005. – 0 с. W.A. Barnett. Economic Complexity, Volume 14 : Non-linear Dynamics, Multi-agents Economies and Learning (International Symposia in Economic Theory and Econometrics). – М.: , 2004. – 0 с. Integrated Land-Change Science and Tropical Deforestation in the Southern Yucatan: Final Frontiers (Clarendon Lectures in Geography and Environmental Studies). – М.: , 2004. – 0 с. Moral Sentiments and Material Interests : The Foundations of Cooperation in Economic Life (Economic Learning and Social Evolution). – М.: , 2005. – 0 с. Allen J. Scott. Geography and Economy (Clarendon Lectures in Geography and Environmental Studies). – М.: , 2006. – 180 с. Deborah Milly. Poverty, Equality and Growth – The Politics of Economic Need in Postwar Japan. – М.: , 1999. – 402 с. Образцы работ
Задайте свой вопрос по вашей теме
Контакты
Поделиться
Мы в социальных сетях
Реклама
Отзывы
Оксана Вчера защитилась на 4 с большим плюсом. Сама виновата, не ответила на один вопрос. Всё кончено, спасибо Вам за труды, успехов Вам в Вашей работе. Буду рекомендовать Вас своим знакомым.
