Macroeconomic Policy as Implicit Industrial Policy Its Industry and Enterprise Effects is popular PDF and ePub book, written by John Randolph Norsworthy in 2012-12-06, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Macroeconomic Policy as Implicit Industrial Policy Its Industry and Enterprise Effects can be Read Online from any device for your convenience.
Macroeconomic Policy as Implicit Industrial Policy Its Industry and Enterprise Effects Book PDF Summary
Whether they should or not, few economists do in fact refrain from making pronouncements on public policy, although the state of the economy (both here and elsewhere) suggests that either the advice given is bad or, if good, that it is ignored . . . I happen to think that we are appallingly ignorant about many aspects of the working of the economic system -- the economics of the firm and industry. Ronald H Coase, Economists and Public Policy In this volume we attempt to address an element of Coase's concern by linking the empirical economics of the fInn and industry more closely to macroeconomic policies, and to demonstrate how to assess some of the effects of those policies. The scope of our study ranges from a structural macroeconomic model of the United States, from which macroeconomic effects are propagated to detailed structural models of SIC four digit industries. The rationale for our approach is very much in the spirit of various integrated macroeconomic/industry models constructed by Dale Jorgenson, working with various collaborators. Our approach is also consistent with, and motivated by, Lawrence Klein's agenda of modeling explicitly and structurally the macro and sectoral elements in the national economy. We also examine the effects of the macroeconomic policies of different countries on the enterprise. In only one case, our examination of crowding out of private investment by government defIcit fmancing, is the linkage among sectors implicit.
Detail Book of Macroeconomic Policy as Implicit Industrial Policy Its Industry and Enterprise Effects PDF
- Author : John Randolph Norsworthy
- Release : 06 December 2012
- Publisher : Springer Science & Business Media
- ISBN : 9781461554431
- Genre : Business & Economics
- Total Page : 270 pages
- Language : English
- PDF File Size : 14,5 Mb
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