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Articles 1 - 12 of 12

Full-Text Articles in Macroeconomics

Medieval World View In Modern Jargon [Review Of Entropy: A New World View By Jeremy Rifkin], Jeffrey Rogers Hummel Dec 1981

Medieval World View In Modern Jargon [Review Of Entropy: A New World View By Jeremy Rifkin], Jeffrey Rogers Hummel

Faculty Publications

No abstract provided.


The Breakdown Of The 1960s Policy Synthesis, Hyman P. Minsky Ph.D. Dec 1981

The Breakdown Of The 1960s Policy Synthesis, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Number 50, Winter 1981-82. St. Louis, Mo.


Is A Financial Crisis Likely Or Avoidable?, Hyman P. Minsky Ph.D. Nov 1981

Is A Financial Crisis Likely Or Avoidable?, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

A memorandum prepared for a meeting of the Academic Consultant’s with the Board of Governors of the FRB, Washington, DC.


The American Economy In 1982 - #2, Hyman P. Minsky Ph.D. Oct 1981

The American Economy In 1982 - #2, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

The manuscript is listed as Number 2, but no other manuscript with this title has been found.


Finance And Profits: The Pitfalls Of Stabilization Policy In Our Economy, Hyman P. Minsky Ph.D. Oct 1981

Finance And Profits: The Pitfalls Of Stabilization Policy In Our Economy, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Prepared for: “Perspectives on the Stagflation Economy.” Third Annual Sewanee Economics Symposium. The University of the South, Sewanee, Tn. To be delivered Friday 22 October 1981.


Banking And Industry Between The Two Wars: The United States, Hyman P. Minsky Ph.D. Sep 1981

Banking And Industry Between The Two Wars: The United States, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Three versions of the paper are presented here. The main selection is from the Seminar on “Banks and Industry in the Inter-War Period”. Banco di Roma in cooperation with the Alfred P. Sloan School of Management, Massachusetts Institute of Technology, Boston, Ma. Oct. 23-24, 1981. The other two show heavy editing on the original and then a final version that appeared in The Journal of European Economic History, Vol. 13, No. 2, fall 1984, Special Issue. Rome, Italy: Banco Di Roma, 1984.


James Tobin's "Asset Accumulation And Economic Activity": A Review Article, Hyman P. Minsky Ph.D. Jul 1981

James Tobin's "Asset Accumulation And Economic Activity": A Review Article, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Eastern Economic Journal, July 1981. Also typed manuscript of this article.


Debt Deflation Processes In Today's Institutional Environment, Hyman P. Minsky Ph.D. Apr 1981

Debt Deflation Processes In Today's Institutional Environment, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Prepared for a Symposium of Post-Keynesian Theory, Livingston College/Rutgers University, New Brunswick, NJ.

Also included here are:

A revision of this paper;

Corrected proofs from Banca Nazionale del Lavoro Quarterly Review of that revision;

A letter to the Editor of the Quarterly Review, Allesandro Roncaglia;

The published article;

The published article in Italian.


Financial Markets And Economic Instability, 1965- 80, Hyman P. Minsky Ph.D. Apr 1981

Financial Markets And Economic Instability, 1965- 80, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

A paper prepared for the session “The Recession of 1980-81” at the Midwest Economics Association, Louisville, Ky, April 3, 1981, 9:00 a.m.


Financial Markets And Economic Instability, 1965-81, Hyman P. Minsky Ph.D. Jan 1981

Financial Markets And Economic Instability, 1965-81, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Appeared in Nebraska Journal of Economics & Business, Vol. 20, No. 4, Autumn, 1981, pp. 5-16.

This is an edited version of a paper presented at the session “The Recession of 1980-81” at the Midwest Economics Association, Louisville, Ky, April 3, 1981.

An earlier version - between the Midwest Economics Association meeting and the journal publication is also given here.


An Overlapping Generational Model With Capital Accumulation In A Small Open Economy, Walter Enders, Harvey E. Lapan Jan 1981

An Overlapping Generational Model With Capital Accumulation In A Small Open Economy, Walter Enders, Harvey E. Lapan

Economic Staff Paper Series

In this paper we develop a portfolio balance model which can be used to make an equitable comparison of alternative exchange rate regimes. Our point of departure from standard portfolio models is that we derive all asset demand functions from microeconomic behavior. As Helpman and Razin (1979) and Lapan and Enders (1980) have observed, all asset demand and expenditure functions used in a comparison of exchange rate systems must be consistent with individual optimizing behavior. This seemingly innocuous observation implies that many of the macroeconomic comparisons of fixed and flexible exchange rates are not legitimate. Inherent in any portfolio balance ...


Some Microeconomic Evidence On Money Neutrality, Walter Enders, Barry Falk Jan 1981

Some Microeconomic Evidence On Money Neutrality, Walter Enders, Barry Falk

Economic Staff Paper Series

In this paper we provide some empirical support for the money neutrality implications of the Natural Rate Hypothesis (NRH). Traditionally, tests of the neutrality implications of the NRH have been concerned with measuring the effects (if any) of money supply changes on the economy-wide level of unemployment or real output. Directly related examples of work in this area include Barro (1977, 1978, 1981), Barro and Rush (1980), Gordon (1979), Hoffman and Schlagenhauf (1982), Leiderman (1980), Mishkin (1982), and Small (1979). Our point of departure from such tests is that we measure the effects of money supply changes on a particular ...