机读格式显示(MARC)

• 000 03042cam a2200373 i 4500

• 001 0000709861

• 003 OCoLC

• 005 20181120103300.0

• 008 161010t20162016enka b 001 0 eng c

• 010 __ |a 2016944293

• 020 __ |a 9781786433046(cased) : |c CNY572.59

• 020 __ |a 1786433044

• 020 __ |z 9781786433053

• 035 __ |a (OCoLC)960031578

• 040 __ |a YDX |b eng |e rda |c YDX |d BTCTA |d OCLCQ |d YDX |d OCLCO |d OCLCF |d NTE |d CLU |d CHVBK |d OCLCO |d OCLCQ |d GZM |d BDX |d IUL |d OCLCA |d FIE |d OBE

• 050 _4 |a HB523 |b .F47 2016

• 082 04 |a 339.2 |2 23

• 090 __ |a F014.4/BF1

• 093 __ |a F014.4 |2 5

• 100 1_ |a Ferri, Piero, |e author.

• 245 10 |a Aggregate demand, inequality and instability / |c Piero Ferri.

• 260 __ |a Cheltenham, UK ; |a Northampton, MA, USA : |b Edward Elgar Publishing Limited, |c c2016

• 300 __ |a ix, 167 pages : |b illustrations ; |c 25 cm.

• 336 __ |a text |b txt |2 rdacontent

• 337 __ |a unmediated |b n |2 rdamedia

• 338 __ |a volume |b nc |2 rdacarrier

• 490 1_ |a New directions in modern economics

• 504 __ |a Includes bibliographical references (pages 154-161) and index.

• 505 0_ |a Introduction -- Part I. Basic concepts. Piketty's contribution -- Measurement -- Inequality and aggregate demand -- Part II. Endogenous dynamics and instability. Aggregate demand, growth and instability -- Wealth, public debt and instability -- Recursive workhorses -- Part III. The macro inference of inequality. Rent, wealth and bubbles -- A model with heterogeneous supply -- Wealth and capital gains in financial markets -- Part IV. Inequality, finance and instability. Inequality and the financial instability hypothesis -- Instability in a regime-switching model -- Part V. Concluding remarks. A summary -- The challenges.

• 520 __ |a 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.-- |c Provided by Publisher.

• 650 _0 |a Distribution (Economic theory)

• 650 _0 |a Income distribution.

• 830 _0 |a New directions in modern economics.

• 920 __ |a 233030 |z 1