Asset Accumulation and Economic Activity: Reflections on Contemporary Macroeconomic Theory

by James Tobin

Overview

In this work James Tobin discusses two major issues of macroeconomics: the strength of automatic market forces in maintaining full employment equilibrium and the efficacy of government fiscal and monetary policies in stabilizing the economy.

Product Details

ISBN-13:	9780226805023
Publisher:	University of Chicago Press
Publication date:	08/15/1982
Series:	Reflections on Contemporary Macroeconomic Theory
Edition description:	Revised ed.
Pages:	116
Product dimensions:	5.25(w) x 8.50(h) x 0.40(d)

About the Author

James Tobin, the 1981 Nobel Laureate in Economics, is the Sterling Professor of Economics at Yale University.

Table of Contents

Preface
Introduction
I. Real Balance Effects Reconsidered
II. Policies, Expectations, and Stabilization
III. Government Deficits and Capital Accumulation
IV. Portfolio Choice and Asset Accumulation
Index