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The Resource Aggregate demand, inequality and instability, Piero Ferri

Aggregate demand, inequality and instability, Piero Ferri

Label
Aggregate demand, inequality and instability
Title
Aggregate demand, inequality and instability
Statement of responsibility
Piero Ferri
Creator
Subject
Language
eng
Summary
This book studies the relationships between aggregate demand, inequality and instability. It extends the traditional approach by introducing wealth and inequality into a dynamic macroeconomic model. Furthermore, it examines the role that debt and financial instability can play in turbulent times such as the Great Recession and its aftermath. Unlike Piketty, the author analyses the relationships between instability and inequality, and the feedbacks from the latter to the former, in a system approach where real and monetary factors interact to generate complex patterns. The book does not discover ‘iron laws’ because the results depend on the nature of the model, the values of the parameters and the policy pursued. However, the role of inequality is proven to play a decisive role in shaping dynamics. Finally, the author discusses the link between medium and long-run problems, and the challenges that remain to be faced. Piero Ferri’s original application of economic principles to the topic of inequality will make this book essential reading for all economists, particularly those of a macro orientation.--
Member of
Assigning source
Provided by Publisher
Cataloging source
YDX
http://library.link/vocab/creatorName
Ferri, Piero
Dewey number
332.041
Illustrations
illustrations
Index
index present
Literary form
non fiction
Nature of contents
bibliography
Series statement
New directions in modern economics
http://library.link/vocab/subjectName
  • Distribution (Economic theory)
  • Income distribution
Label
Aggregate demand, inequality and instability, Piero Ferri
Instantiates
Publication
Bibliography note
Includes bibliographical references (pages 154-161) and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
ocn960031578
Dimensions
25 cm.
Extent
ix, 167
Isbn
9781786433046
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
Other physical details
illustrations
System control number
(OCoLC)960031578
Label
Aggregate demand, inequality and instability, Piero Ferri
Publication
Bibliography note
Includes bibliographical references (pages 154-161) and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
ocn960031578
Dimensions
25 cm.
Extent
ix, 167
Isbn
9781786433046
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
Other physical details
illustrations
System control number
(OCoLC)960031578

Library Locations

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      43.803074 11.283055
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