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Post Keynesian Econometrics, Microeconomics And The Theory Of The Firm |
Edited by Sheila C. Dow, Professor of Economics, University of Stirling, UK and John Hillard, Director of Taught Postgraduate Programmes, Leeds University Business School, UK
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| 2002 |
288 pp |
Hardback |
978 1 85898 584 8 |
$130.00 |
on-line discount
$117.00 |
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This is the first of two volumes celebrating Keynes’s contribution to economics, and the development of post Keynesian economics in recent years. It reinstates the importance of Keynesian economics and its revival since the end of the 1980s, and the book’s authoritative chapters are presented by an outstanding group of international contributors.
Divided into two parts, this volume concentrates on microeconomics and econometrics. In the first section on microeconomics, the contributors address issues such as the division and co-ordination of knowledge, and innovation, equilibrium and welfare, as well as transactions costs, imperfect competition, trust, and the theory of the firm. The second part focuses on econometrics within a post Keynesian framework and addresses issues such as realism, the use of empirical evidence, and the case of conflict in wage and unemployment determination.
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Contents: Preface by G.C. Harcourt Introduction 1. The Division and Coordination of Knowledge 2. Innovation, Equilibrium and Welfare 3. On the Issue of Realism in the Economics of Institutions and Organizations: Themes from Coase and Richardson 4. Transactions Costs and Uncertainty: Theory and Practice 5. A Post Keynesian Approach to the Theory of the Firm 6. Trust, Time and Uncertainty 7. Keynes’s Views on Information 8. The Role of Econometrics in a Radical Methodology 9. Post-Orthodox Econometrics 10. Realism, Econometrics and Post Keynesian Economics 11. Keynes, Post Keynesians and Methodology 12. How do Economic Theorists use Empirical Evidence? Two Case Studies 13. Conflict in Wage and Unemployment Determination in the UK Bibliography Index
Contributors: V. Allsopp, P. Arestis, R.E. Backhouse, P.J. Buckley, M. Chapman, S. Dow, P. Downward, S.P. Dunn, B. Gerrard, J. Hillard, B.J. Loasby, U. Mäki, I.B-F. Mariscal, S. Mizuhara, P. Ormerod, G.B. Richardson
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In Association with the Post Keynesian Economics Study Group
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