Political Economy, Growth, and Business Cycles

Name: Political Economy, Growth, and Business Cycles
Price: 38.3 USD
Availability: InStock
ISBN: 9780262031943

ISBN-10: 0262031949

ISBN-13: 9780262031943

Edition: 1992

Authors: Alex Cukierman, Zvi Hercowitz, Leonardo Leiderman

List price: $17.75

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Description:

What political and economic factors stimulate growth and make an economy expand? These original contributions by some of today's leading macroeconomists and political economists explore a broad spectrum of social, political, and technological variables that encourage or impede economic growth. Topics range from economic reform and price flexibility to the economic effects of political coups and include both theoretical analysis and empirical results. During the past decade, economists have seen important new developments linking growth and business cycles to government policy. These contributions provide a clear understanding of these processes and their effect in shaping economic policy.…

Book details

List price: $17.75
Copyright year: 1992
Publisher: MIT Press
Publication date: 10/6/1992
Binding: Hardcover
Pages: 422
Size: 6.50" wide x 9.50" long x 1.25" tall
Weight: 1.738
Language: English

Alex Cukierman is Professor of Economics at Tel Aviv University.

Zvi Hercowitz is Professor of Economics at Tel Aviv University.

Leonardo Leiderman is Professor of Economics at Tel Aviv University.



Introduction




Growth within Politico-Economic Frameworks



Growth, Distribution, and Politics




Distribution, Political Conflict and Economic Growth: A Simple Theory and Some Empirical Evidence




The Seizure of Executive Power and Economic Growth: Some Additional Evidence




Growth within Purely Economic Frameworks



Endogenous Macroeconomic Growth Theory




The Case for External Economies




Convergence across States and Regions




Technology Adoption and the Mechanics of Economic Development




Business Cycles within Politico-Economic Frameworks



Macroeconomic Policy and Elections in OECD Democracies




Should Prices Be Decontrolled Gradually or in a Big Bang?




Business Cycles within Purely Economic Frameworks



Optimal Fiscal and Monetary Policy: Some Recent Results




The Allocation of Capital and Time over the Business Cycle




Identification and the Liquidity Effect of a Monetary Policy Shock




Labor Market Regulations and Industry Equilibrium



A Framework for Assessing Aggregate Consequences of Labor Market Regulations



List of Contributors


Index