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050 0 0 _aHB501
_b.C242246 2009
082 0 0 _a332.041
_222
245 0 0 _aCapital, time and transitional dynamics /
_cedited by Harald Hagemann and Roberto Scazzieri.
264 1 _aLondon ;
_aNew York :
_bRoutledge,
_c2009.
300 _axviii, 268 pages :
_billustrations ;
_c24 cm.
336 _atext
_btxt
_2rdacontent
337 _aunmediated
_bn
_2rdamedia
338 _avolume
_bnc
_2rdacarrier
490 1 _aRoutledge studies in the history of economics ;
_v96
504 _aIncludes bibliographical references and index.
505 0 0 _tPreface and Acknowledgements /
_rHarald Hagemann and Roberto Scazzieri --
_tCapital Structure and Economic Transitions: an Introductory Essay /
_rHarald Hagemann and Roberto Scazzieri --
_g1.
_tA Retrospective View of Hicks' Capital and Time: a Neo-Austrian Theory /
_rEdwin Burmeister --
_g2.
_tHicks'S Neo-Austrian Theory and Bohm-Bawerk'S Theory of Capital /
_rChristian Gehrke and Heinz D. Kurz --
_g3.
_tTraverse Analysis and Methods of Economic Dynamics /
_rRoberto Scazzieri --
_g4.
_tHicks'S Traverse Analysis: From Capital and Growth To Capital and Time /
_rHarald Hagemann --
_g5.
_tTechnical Change, Vertical and Horizontal Rigidities: a Neo-Austrian Approach /
_rFranco Nardini --
_g6.
_tSimulation of the Full Employment Traverse of Capital and Time /
_rKazuhisa Taniguchi --
_g7.
_tTraverse, Division of Labour and Emerging Structures /
_rMassimo Ricottilli --
_g8.
_tHicks'S Traverse in a Small Open Economy /
_rShin-Haing Kim --
_g9.
_tFrom Traverse To Out-of-Equilibrium Processes of Change: the Role of Money /
_rMario Amendola and Jean-Luc Gaffard.
520 _a"In the words of Robert M. Solow traverse analysis "is the easiest part of skiing, but the hardest part of economics". The aim of this volume is to assess the state and scope of modern traverse analysis as it had been initiated by John Hicks in his pioneering contribution Capital and Time (1973). The analysis of an economy which originally had been in a growth equilibrium which was disturbed by technical progress is one of the most challenging problems in economics. This book takes Hicks' work as the point of departure for theoretical work on the macroeconomic theory of capital dynamics along transition non-steady state paths The original contributions in this volume explore the manifold theoretical roots of traverse analysis in classical and post-classical literature, its features as a specific method of economic dynamics, and its applications in a variety of fields from monetary economics to development and international economics. The essays thereby focus on the ways ahead from Capital and Time that have been suggested and actively pursued by a number of scholars in recent years. Its central theme is the role of capital structures as critical factors in determining the actual dynamics of any given economic system. This volume is inspired by the belief that this state of affairs is not a satisfactory one, and outlines a new agenda for capital theory. Contributors include Edwin Burmeister, Jean-Luc Gaffard and Heinz Kurz."--Publisher's website.
588 _aMachine converted from AACR2 source record.
600 1 0 _aHicks, John,
_d1904-1989
_9335217
650 0 _aCapital.
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650 0 _aStatics and dynamics (Social sciences)
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700 1 _aHagemann, Harald,
_eeditor.
_9245565
700 1 _aScazzieri, Roberto,
_eeditor.
_91022784
830 0 _aRoutledge studies in the history of economics ;
_v96.
_91025580
907 _a.b11448544
_b28-09-17
_c27-10-15
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