Name: Macroeconomic Policy as Implicit Industrial Policy: Its Industry and Enterprise Effects
Price: 150.01 EUR
Availability: InStock
Author: Norsworthy, John Randolph ; Tsai, Diana H.
ISBN: 9781461374855

portada Macroeconomic Policy as Implicit Industrial Policy: Its Industry and Enterprise Effects

Macroeconomic Policy as Implicit Industrial Policy: Its Industry and Enterprise Effects

Type

Physical Book

Author

John Randolph Norsworthy

Diana H. Tsai

Publisher

Springer

Language

English

Pages

262

Format

Paperback

Dimensions

23.4 x 15.6 x 1.5 cm

Weight

0.39 kg.

ISBN13

9781461374855

Synopsis "Macroeconomic Policy as Implicit Industrial Policy: Its Industry and Enterprise Effects"

Whether they should or not, few economists do in fact refrain from making pronouncements on public policy, although the state of the economy (both here and elsewhere) suggests that either the advice given is bad or, if good, that it is ignored . . . I happen to think that we are appallingly ignorant about many aspects of the working of the economic system -- the economics of the firm and industry. Ronald H Coase, Economists and Public Policy In this volume we attempt to address an element of Coase's concern by linking the empirical economics of the fInn and industry more closely to macroeconomic policies, and to demonstrate how to assess some of the effects of those policies. The scope of our study ranges from a structural macroeconomic model of the United States, from which macroeconomic effects are propagated to detailed structural models of SIC four digit industries. The rationale for our approach is very much in the spirit of various integrated macroeconomic/industry models constructed by Dale Jorgenson, working with various collaborators. Our approach is also consistent with, and motivated by, Lawrence Klein's agenda of modeling explicitly and structurally the macro and sectoral elements in the national economy. We also examine the effects of the macroeconomic policies of different countries on the enterprise. In only one case, our examination of crowding out of private investment by government defIcit fmancing, is the linkage among sectors implicit.

Customers reviews

Have you read this book? Login to add your review.

More customer reviews

0% (0)
0% (0)
0% (0)
0% (0)
0% (0)

Questions and Answers about the Book

Do you have a question about the book? Login to be able to add your own question.

Opinions about Bookdelivery

More customer reviews

Macroeconomic Policy as Implicit Industrial Policy: Its Industry and Enterprise Effects - Norsworthy, John Randolph ; Tsai, Diana H.

Synopsis "Macroeconomic Policy as Implicit Industrial Policy: Its Industry and Enterprise Effects"

Customers reviews

Frequently Asked Questions about the Book

Is the book original?

In what language is the book written?

What is the format of this book?

Questions and Answers about the Book

Opinions about Bookdelivery