
Leading economists explore the impact of Keynesian economic theory as they share their insights and recommendations on: the current and future directions of business cycle theory; possible financial instability in the U.S. stock and bond markets; new statistical techniques to explain the variability of stock and bond prices; and microeconomic analysis and policies to reduce natural unemployment rates. This volume is an important addition to the literature at a time when macroeconomic theory is in a period of transition.
This volume investigates the enduring influence of Keynesian economic theory and its application to contemporary macroeconomic challenges. The authors, James L. Butkiewicz, Jeffrey B. Miller, and Kenneth J. Koford, compile expert insights to evaluate how traditional Keynesian frameworks adapt to modern financial volatility. The text provides a rigorous examination of market instability and policy interventions intended to stabilize economic systems during periods of transition.
What You Will Find
Scope Limits
Experts recognize this volume as a technical resource for understanding the evolution of macroeconomic theory during periods of transition. Readers frequently note the academic density of the prose, making it most suitable for students and professionals in the field of economics.
Page Count:
229
Publication Date:
1986-01-01
Publisher:
Praeger
ISBN-10:
003004202X
ISBN-13:
9780030042027
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