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Time and the Macroeconomic Analysis of Income will undoubtedly puzzle, stimulate, infuriate, or annoy many readers. Alvaro Cencini challenges so many of the commonly held notions which are perpetuated in elementary textbooks and taken for granted in learned journals that a first reaction is bound to be that the author must be naive or ignorant - this is far from the case; the questions that Cencini raises are original and searching. His answers are even more intriguing for economists and interested readers.
Time and the Macroeconomic Analysis of Income will undoubtedly puzzle, stimulate, infuriate, or annoy many readers. Alvaro Cencini challenges so many of the commonly held notions which are perpetuated in elementary textbooks and taken for granted in learned journals that a first reaction is bound to be that the author must be naive or ignorant - this is far from the case; the questions that Cencini raises are original and searching. His answers are even more intriguing for economists and interested readers.
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Autorenporträt
Alvaro Cencini is an economist at the Universita della Svizzera Italiana, Italy.
Inhaltsangabe
Foreword - by Professor Meghnad Desai Acknowledgements Introduction 1. The Definition of National Income Part I: Income as a Flow of Expenditures Part II: The Keynesian Definition of National Income 2. The Multiplier Analysis Part I: The Dynamic Multiplier Part II: The Instantaneous Multiplier 3. The Theory of Emissions Part I: The Traditional Analysis of Time Part II: Time as Quantum 4. Ex-Ante and Ex-Post in Chronological and Quantum Time Part I: The Ex-ante Determination of Income Part II: Saving and Investment in Quantum Time and in Continuous Time Bibliography Index of Names Analytical Index
Foreword - by Professor Meghnad Desai Acknowledgements Introduction 1. The Definition of National Income Part I: Income as a Flow of Expenditures Part II: The Keynesian Definition of National Income 2. The Multiplier Analysis Part I: The Dynamic Multiplier Part II: The Instantaneous Multiplier 3. The Theory of Emissions Part I: The Traditional Analysis of Time Part II: Time as Quantum 4. Ex-Ante and Ex-Post in Chronological and Quantum Time Part I: The Ex-ante Determination of Income Part II: Saving and Investment in Quantum Time and in Continuous Time Bibliography Index of Names Analytical Index
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