Documents disponibles escrits per aquest autor

behavioural macroeconomics / Paul De Grauwe (2019)

Públic ISBD Títol : behavioural macroeconomics : Theory and policy Tipus de document : text imprès Autors : Paul De Grauwe, Autor ; Ji, Yuemei, Autor Editorial : OUP Oxford Data de publicació : 2019 Nombre de pàgines : 272 p. ll. : il., gràf. Dimensions : 25 cm ISBN/ISSN/DL : 978-0-19-883232-4 Idioma : Anglès (eng) Matèries : Macroeconomia Classificació : 01 Ciència econòmica Resum : Modern macroeconomics has been based on the paradigm of the rational individual capable of understanding the complexity of the world. This has created a very shallow theory of the business cycle in which nothing happens in the macroeconomy unless shocks occur from outside. Behavioural Macroeconomics: Theory and Policy uses a different paradigm. It assumes that individual agents experience cognitive limitations preventing them from having rational expectations. Instead these individuals use simple rules of behaviour. Behavioural Macroeconomics introduces rationality by allowing individuals to learn from their mistakes and to switch to the rules that perform better. It introduces the idea of endogenously generated "animals spirits" that drive the business cycle and are in turn influenced by it, and applies this model to shed new light on a number of important issues. It analyses the role of fiscal policy in stabilizing the economy while maintaining debt sustainability; expands the model to include a banking sector and show how banks amplify the booms and busts; and explains how animal spirits help to synchronize the business cycles across countries. The model set out in Behavioural Macroeconomics leads to very different policy implications from the mainstream macroeconomic model. It shows how policymakers have a responsibility to stabilize an otherwise unstable system. Nota de contingut : Inclou Índex Permalink : https://bibliotecatriasfargas.cat/pmb/opac_css/index.php?lvl=notice_display&id=4 behavioural macroeconomics : Theory and policy [text imprès] / Paul De Grauwe, Autor ; Ji, Yuemei, Autor . - [S.l.] : OUP Oxford, 2019 . - 272 p. : il., gràf. ; 25 cm. ISBN : 978-0-19-883232-4 Idioma : Anglès (eng) Matèries : Macroeconomia Classificació : 01 Ciència econòmica Resum : Modern macroeconomics has been based on the paradigm of the rational individual capable of understanding the complexity of the world. This has created a very shallow theory of the business cycle in which nothing happens in the macroeconomy unless shocks occur from outside. Behavioural Macroeconomics: Theory and Policy uses a different paradigm. It assumes that individual agents experience cognitive limitations preventing them from having rational expectations. Instead these individuals use simple rules of behaviour. Behavioural Macroeconomics introduces rationality by allowing individuals to learn from their mistakes and to switch to the rules that perform better. It introduces the idea of endogenously generated "animals spirits" that drive the business cycle and are in turn influenced by it, and applies this model to shed new light on a number of important issues. It analyses the role of fiscal policy in stabilizing the economy while maintaining debt sustainability; expands the model to include a banking sector and show how banks amplify the booms and busts; and explains how animal spirits help to synchronize the business cycles across countries. The model set out in Behavioural Macroeconomics leads to very different policy implications from the mainstream macroeconomic model. It shows how policymakers have a responsibility to stabilize an otherwise unstable system. Nota de contingut : Inclou Índex Permalink : https://bibliotecatriasfargas.cat/pmb/opac_css/index.php?lvl=notice_display&id=4

Exemplars

Codi de barres	Signatura topogràfica	Tipus de document	Localització	Secció	Estat	Volum	Nota
10116593	01 DEG	Llibre	Biblioteca IEF Ramon Trias Fargas	Biblioteca	Disponible Disponible

The limits of the market / Paul De Grauwe (2017)

Públic ISBD Títol : The limits of the market : the pendulum between government and capitalism Tipus de document : text imprès Autors : Paul De Grauwe Editorial : Oxford : Oxford University Press Data de publicació : 2017 Nombre de pàgines : 192 p. ll. : il., gràf. Dimensions : 22 cm ISBN/ISSN/DL : 978-0-19-878428-9 Nota general : Inclou Notes i Índex Idioma : Anglès (eng) Matèries : Economia Classificació : 00 Economia Resum : The old discussion of 'Market or State' is obsolete. There will always have to be a mix of market and state. The only relevant question is what that mix should look like. How far do we have to let the market go its own way in order to create as much welfare as possible for everyone? What is the responsibility of the government in creating welfare? These are difficult questions. But they are also interesting questions and Paul De Grauwe analyses them in this book. The desired mix of market and state is anything but easy to bring about. It is a difficult and sometimes destructive process that is constantly in motion. There are periods in history in which the market gains in importance. During other periods the opposite occurs and government is more dominant. The turning points in this pendulum swing typically seem to coincide with disruptive events that test the limits of market and state. Why we experience this dynamic is an important theme in the book. Will the market, which today is afforded a greater and greater role due to globalization, run up against its limits? Or do the financial crisis and growing income inequality show that we have already reached those limits? Do we have to brace ourselves for a rejection of the capitalist system? Are we returning to an economy in which the government is running the show? Permalink : https://bibliotecatriasfargas.cat/pmb/opac_css/index.php?lvl=notice_display&id=3 The limits of the market : the pendulum between government and capitalism [text imprès] / Paul De Grauwe . - Oxford : Oxford University Press, 2017 . - 192 p. : il., gràf. ; 22 cm. ISBN : 978-0-19-878428-9 Inclou Notes i Índex Idioma : Anglès (eng) Matèries : Economia Classificació : 00 Economia Resum : The old discussion of 'Market or State' is obsolete. There will always have to be a mix of market and state. The only relevant question is what that mix should look like. How far do we have to let the market go its own way in order to create as much welfare as possible for everyone? What is the responsibility of the government in creating welfare? These are difficult questions. But they are also interesting questions and Paul De Grauwe analyses them in this book. The desired mix of market and state is anything but easy to bring about. It is a difficult and sometimes destructive process that is constantly in motion. There are periods in history in which the market gains in importance. During other periods the opposite occurs and government is more dominant. The turning points in this pendulum swing typically seem to coincide with disruptive events that test the limits of market and state. Why we experience this dynamic is an important theme in the book. Will the market, which today is afforded a greater and greater role due to globalization, run up against its limits? Or do the financial crisis and growing income inequality show that we have already reached those limits? Do we have to brace ourselves for a rejection of the capitalist system? Are we returning to an economy in which the government is running the show? Permalink : https://bibliotecatriasfargas.cat/pmb/opac_css/index.php?lvl=notice_display&id=3

Exemplars

Codi de barres	Signatura topogràfica	Tipus de document	Localització	Secció	Estat	Volum	Nota
10115328	00 DEG	Llibre	Biblioteca IEF Ramon Trias Fargas	Biblioteca	Disponible En préstec fins el 30/06/2021