Background
Allen, Roy G. D. was born in 1906 in Stokeon-Trent, Staffordshire, England.
(This is a reproduction of a book published before 1923. T...)
This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is culturally important, and despite the imperfections, have elected to bring it back into print as part of our continuing commitment to the preservation of printed works worldwide. We appreciate your understanding of the imperfections in the preservation process, and hope you enjoy this valuable book.
http://www.amazon.com/gp/product/B00088B2I8/?tag=2022091-20
(This book was originally published prior to 1923, and rep...)
This book was originally published prior to 1923, and represents a reproduction of an important historical work, maintaining the same format as the original work. While some publishers have opted to apply OCR (optical character recognition) technology to the process, we believe this leads to sub-optimal results (frequent typographical errors, strange characters and confusing formatting) and does not adequately preserve the historical character of the original artifact. We believe this work is culturally important in its original archival form. While we strive to adequately clean and digitally enhance the original work, there are occasionally instances where imperfections such as blurred or missing pages, poor pictures or errant marks may have been introduced due to either the quality of the original work or the scanning process itself. Despite these occasional imperfections, we have brought it back into print as part of our ongoing global book preservation commitment, providing customers with access to the best possible historical reprints. We appreciate your understanding of these occasional imperfections, and sincerely hope you enjoy seeing the book in a format as close as possible to that intended by the original publisher.
http://www.amazon.com/gp/product/1258510286/?tag=2022091-20
(This is a reproduction of a book published before 1923. T...)
This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is culturally important, and despite the imperfections, have elected to bring it back into print as part of our continuing commitment to the preservation of printed works worldwide. We appreciate your understanding of the imperfections in the preservation process, and hope you enjoy this valuable book.
http://www.amazon.com/gp/product/B00088B2I8/?tag=2022091-20
(Five years ago, macroeconomics texts reflected confidence...)
Five years ago, macroeconomics texts reflected confidence in the 'great moderation,' which began in 1983 and ended in 2007. The dominant paradigm was the 'new classical model,' which predicts that economic downturns are self-correcting. The guiding principle of monetary policy was the 'Taylor Rule,' which, though not conceived in the tradition of the new classical economics, served the country well until it was abandoned in the last decade. The current economy is, by comparison, afflicted with persistent, low levels of employment that seem to invalidate the new classical model. The Taylor rule has been abandoned for one round after another of 'quantitative easing,' and the once-dominant Keynesian model has been brought back to life for the purpose of giving intellectual cover to fiscal-stimulus remedies. The approach consists of creating a model in which aggregate supply equals aggregate demand and in which policies falling under the label 'new-classical' appear on the supply side and policies falling under the label 'new-Keynesian' on the demand side of the economy. The new approach is to identify those policies (usually tax and regulatory policies) that operate on the supply side and those (monetary and fiscal policies) that operate on the demand side and then prescribe policy changes that will improve economic performance. In my opinion this approach ultimately fails - and for the simple reason that it confuses the distinction between supply and demand with the distinction between what matters, which is how government policies and shocks to the economy affect relative prices, on the one hand, and absolute (or average) prices and wages, on the other. I thus plan to provide the reader with a more coherent approach to understanding the macro economy, one that avoids artificial distinctions between supply-side and demand-side policies and which goes to the heart of the policy issue, which concerns effects on relative and absolute prices and, through those effects, the ability of the economy to coordinate economic decisions. The job of macroeconomics is to identify the two paths - the ideal and the actual - and to identify the policy changes that would bring the actual path closer to the ideal path. It will be the purpose of this book to do this job in a fashion that is accessible to the general reader.
http://www.amazon.com/gp/product/160649676X/?tag=2022091-20
( Macroeconomics is an outgrowth from the main stream of ...)
Macroeconomics is an outgrowth from the main stream of classical monetary theory following Keynes. Keynes changed the emphasis from determination of the level of money prices to determination of the level of output and employment. He also changed the key relationship from demand and supply of money as determining the price level to the relationship between consumption expenditure and income, in conjunction with private investment expenditure, as determining the level of output and therefore employment demanded. The income multiplier replaced the velocity of circulation as the key concept of monetary theory. The tendency of the past twenty-five years has been to reintegrate Keynesian and classical monetary theory into one general system of analysis. Moreover, as inflation has succeeded mass unemployment as a major policy problem, interest in classical monetary theory has revived, while Keynesians have increasingly' emphasized the monetary aspects of Keynesian theory. The proper contemporary distinction is not between two separate branches of economic theory, but between two areas of application or contexts of the theory of rational maximizing behavior. In the one (the microeconomic) context, it is assumed either that the overall workings of the economic system can be disregarded, or that the macroeconomic relationships are in full general equilibrium. In the other (the macroeconomic) context, it is assumed that the maximizing decisions of individual economic units (firms and households) will not necessarily add up to a macroeconomic equilibrium, but will produce a disequilibrium situation that will in the course of time produce changes in the individual decisions.
http://www.amazon.com/gp/product/0202308650/?tag=2022091-20
( There is no book currently available that gives a compr...)
There is no book currently available that gives a comprehensive treatment of the design, construction, and use of index numbers. However, there is a pressing need for one in view of the increasing and more sophisticated employment of index numbers in the whole range of applied economics and specifically in discussions of macroeconomic policy. In this book, R. G. D. Allen meets this need in simple and consistent terms and with comprehensive coverage. The text begins with an elementary survey of the index-number problem before turning to more detailed treatments of the theory and practice of index numbers. The binary case in which one time period is compared with another is first developed and illustrated with numerous examples. This is to prepare the ground for the central part of the text on runs of index numbers. Particular attention is paid both to fixed-weighted and to chain forms as used in a wide range of published index numbers taken mainly from British official sources. This work deals with some further problems in the construction of index numbers, problems which are both troublesome and largely unresolved. These include the use of sampling techniques in index-number design and the theoretical and practical treatment of quality changes. It is also devoted to a number of detailed and specific applications of index-number techniques to problems ranging from national-income accounting, through the measurement of inequality of incomes and international comparisons of real incomes, to the use of index numbers of stock-market prices. Aimed primarily at students of economics, whatever their age and range of interests, this work will also be of use to those who handle index numbers professionally.
http://www.amazon.com/gp/product/020236254X/?tag=2022091-20
Allen, Roy G. D. was born in 1906 in Stokeon-Trent, Staffordshire, England.
Bachelor of Arts, Master of Arts University of Cambridge, Cambridge, United Kingdom, 1927, 1932. Doctor of Science University London, 1944. Honorary Doctor of Science(Social Science) University Southampton, 1970.
Although he worked on a variety of practical problems, such as national accounting statistics, the design and calculation of retail price indexes, and the analysis of family budgets based on family expenditure surveys, he is best known for his pioneer work with Hicks on indifference curves. His Mathematical Analysis for Economists (1938) in particular was so many years ahead of its time that it can still be studied with profit today. Professor Statistics, London School of Economies and Political Science, London, United Kingdom, 1944-1973.
Consultant, United Kingdom Royal Commission Civil Liability, 1947-1948.
(This book was originally published prior to 1923, and rep...)
(This book was originally published prior to 1923, and rep...)
( There is no book currently available that gives a compr...)
( There is no book currently available that gives a compr...)
(Five years ago, macroeconomics texts reflected confidence...)
( Macroeconomics is an outgrowth from the main stream of ...)
(This is a reproduction of a book published before 1923. T...)
(This is a reproduction of a book published before 1923. T...)
(This is a reproduction of a book published before 1923. T...)
(Mathematical Analysis for Economists. [Hardcover])
(Mathematical Analysis for Economists. Hardcover)
(Book by Jenkins, G.)
(420pages. in8. relié.)
(420pages. in8. relié.)