Pub. Date:
Elgar, Edward Publishing, Inc.
New Thinking in Macroeconomics: Social, Institutional, and Environmental Perspectives

New Thinking in Macroeconomics: Social, Institutional, and Environmental Perspectives

by Jonathan M. Harris, Neva R. Goodwin
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Presenting innovative perspectives on macroeconomics at the national and international levels, Harris and Goodwin, both affiliated with the Tufts University Global Development and Environment Institute, bring together contributions on current issues of globalization, inequality and unemployment, national and international debt, and the relationship of macroeconomic policies to the environment. Contributors in economics, business, and finance provide insight into debates on macroeconomic policy in the US and Europe, as well as in developing and transitional economies. Case studies and examples bring theoretical debates to life. The audience for the book includes researchers and students in macroeconomics, and policy makers. Annotation ©2004 Book News, Inc., Portland, OR

Product Details

ISBN-13: 9781845420864
Publisher: Elgar, Edward Publishing, Inc.
Publication date: 12/28/2004
Pages: 296
Product dimensions: 6.13(w) x 9.25(h) x (d)

Table of Contents

List of Figuresvii
List of Tablesviii
List of Contributorsix
Part INational Institutions and Policies
1.Stock-Flow Traps in the American Economy3
2.Can the Fed Give Us Macroeconomic Stability? Lessons from History15
3.New Bridges Across the Chasm: Macro and Institutional Strategies for Transitional Economies30
Part IIThe International Context
4.Paradoxes of Globalization53
5.Globalization and Financial Crises: A Proposal for a New Approach to Macroeconomics79
6.Institutional Foundations of Economic Growth and Price Stability99
Part IIIEmployment, Distribution, and Equity
7.The Micro-Foundations of High Unemployment in Developed Countries: Are Labor Market Rigidities the Problem?123
8.Can a Rising Tide Raise All Boats? Evidence from the Kennedy-Johnson and Clinton-Era Expansions150
9.Housing and Homelessness in a Globalizing Economy182
Part IVMacroeconomic Growth and the Environment
10.Debt and Deforestation213
11.Reconciling Growth and Environment229
Afterword: A Japanese Social Initiative--The Relevant View250

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