Verfügbarkeit: Macroeconomics

Gespeichert in:

Bibliographische Detailangaben
Titel:	Macroeconomics
Von:	N. Gregory Mankiw, Harvard University
Person:	Mankiw, Nicholas Gregory 1958- Verfasser aut
Hauptverfasser:	Mankiw, Nicholas Gregory 1958- (VerfasserIn)
Format:	Buch
Sprache:	Englisch
Veröffentlicht:	New York Macmillan international higher education [2019]
Ausgabe:	Tenth edition
Schlagworte:	Neue Makroökonomie Makroökonomie Neokeynesianismus Hyperinflation IS-LM Inflation Keynes economic growth economic policy growth macroeconomics money unemployment Lehrbuch
Online-Zugang:	http://deposit.dnb.de/cgi-bin/dokserv?id=72270b876dfd4371b97839066fca4a5b&prov=M&dok_var=1&dok_ext=htm http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=030524671&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA
Beschreibung:	xxxv, 612 Seiten Illustrationen, Diagramme
ISBN:	9781319243586 1319243584

Internformat

MARC


LEADER	00000nam a2200000 c 4500
001	BV045134733
003	DE-604
005	20200525
007	t\|
008	180816s2019 xxka\|\|\| \|\|\|\| 00\|\|\| eng d
016	7		\|a 1164389874 \|2 DE-101
020			\|a 9781319243586 \|c hbk. \|9 978-1-319-24358-6
020			\|a 1319243584 \|9 1-319-24358-4
024	3		\|a 9781319243586
035			\|a (OCoLC)1090116769
035			\|a (DE-599)DNB1164389874
040			\|a DE-604 \|b ger \|e rda
041	0		\|a eng
044			\|a xxk \|c XA-GB
049			\|a DE-N2 \|a DE-20 \|a DE-706 \|a DE-384 \|a DE-739 \|a DE-1050 \|a DE-355 \|a DE-11 \|a DE-92 \|a DE-473 \|a DE-1049 \|a DE-188 \|a DE-91 \|a DE-523 \|a DE-898 \|a DE-19 \|a DE-2070s
084			\|a QC 300 \|0 (DE-625)141265: \|2 rvk
084			\|a WIR 050f \|2 stub
100	1		\|a Mankiw, Nicholas Gregory \|d 1958- \|e Verfasser \|0 (DE-588)120973626 \|4 aut
245	1	0	\|a Macroeconomics \|c N. Gregory Mankiw, Harvard University
250			\|a Tenth edition
264		1	\|a New York \|b Macmillan international higher education \|c [2019]
300			\|a xxxv, 612 Seiten \|b Illustrationen, Diagramme
336			\|b txt \|2 rdacontent
337			\|b n \|2 rdamedia
338			\|b nc \|2 rdacarrier
650	0	7	\|a Neue Makroökonomie \|0 (DE-588)4120793-2 \|2 gnd \|9 rswk-swf
650	0	7	\|a Makroökonomie \|0 (DE-588)4037174-8 \|2 gnd \|9 rswk-swf
650	0	7	\|a Neokeynesianismus \|0 (DE-588)4138182-8 \|2 gnd \|9 rswk-swf
653			\|a Hyperinflation
653			\|a IS-LM
653			\|a Inflation
653			\|a Keynes
653			\|a economic growth
653			\|a economic policy
653			\|a growth
653			\|a macroeconomics
653			\|a money
653			\|a unemployment
655		7	\|0 (DE-588)4123623-3 \|a Lehrbuch \|2 gnd-content
689	0	0	\|a Makroökonomie \|0 (DE-588)4037174-8 \|D s
689	0		\|5 DE-604
689	1	0	\|a Neokeynesianismus \|0 (DE-588)4138182-8 \|D s
689	1		\|8 1\p \|5 DE-604
689	2	0	\|a Neue Makroökonomie \|0 (DE-588)4120793-2 \|D s
689	2		\|8 2\p \|5 DE-604
776	0	8	\|i Erscheint auch als \|n Online-Ausgabe \|z 9781319248390
780	0	0	\|i Vorangegangen ist \|z 9781464182891
856	4	2	\|m X:MVB \|q text/html \|u http://deposit.dnb.de/cgi-bin/dokserv?id=72270b876dfd4371b97839066fca4a5b&prov=M&dok_var=1&dok_ext=htm \|3 Inhaltstext
856	4	2	\|m Digitalisierung UB Passau - ADAM Catalogue Enrichment \|q application/pdf \|u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=030524671&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA \|3 Inhaltsverzeichnis
883	1		\|8 1\p \|a cgwrk \|d 20201028 \|q DE-101 \|u https://d-nb.info/provenance/plan#cgwrk
883	1		\|8 2\p \|a cgwrk \|d 20201028 \|q DE-101 \|u https://d-nb.info/provenance/plan#cgwrk
943	1		\|a oai:aleph.bib-bvb.de:BVB01-030524671

Datensatz im Suchindex

DE-BY-OTHR_call_number	F 03/QC 300 M278 M1(10)
DE-BY-OTHR_katkey	6136119
DE-BY-OTHR_location	02
DE-BY-OTHR_media_number	067004266303
DE-BY-TUM_call_number	0003 WIR 050f 2005 L 229(10) 0004 WIR 050f 2005 A 4158(10)
DE-BY-TUM_katkey	2479122
DE-BY-TUM_location	00
DE-BY-TUM_media_number	040008600395 040008600419 040008600486 040008600408 040008600497 040008600442 040008600464 040008600453 040008600475 040008600431 040008600420
DE-BY-UBR_call_number	02/22.Q0191 425/QC 300 M278 M1(10)
DE-BY-UBR_katkey	6136119
DE-BY-UBR_location	UB Magazin UB Handapparat Recht/Wirtschaft Prof. Jerger
DE-BY-UBR_media_number	069041433782 TEMP12730277
_version_	1835196330023059456
adam_text	Contents Media and Resources from Worth Publishers Prelude: Celebrating the Tenth Edition Preface xxvi xxvii Part I Introduction 1 Chapter 1 The Science of Macroeconomics 1-1 xxiii What Macroeconomists Study 1 1 ► CASE STUDY The Historical Performance of the U.S. Economy 1-2 3 How Economists Think 5 Theory as Model Building 6 The Use of Multiple Models 8 FYI Using Functions to Express Relationships Among Variables 10 Prices: Flexible Versus Sticky 1Ū Microeconomic Thinking and Macroeconomic Models 11 FYI The Early Lives of Macroeconomists 12 1- 3 How This Book Proceeds 12 Chapter 2 The Data of Macroeconomics 2- 1 17 Measuring the Value of Economic Activity: Gross Domestic Product 18 Income, Expenditure, and the Circular Flow 18 FYI Stocks and Flows 20 Rules for Computing GDP 21 Real GDP Versus Nominal GDP 23 The GDP Deflator 25 Chain-Weighted Measures of Real GDP 25 FYI Two Helpful Hints for Working with Percentage Changes 26 The Components of Expenditure 27 FYI What Is Investment? 28 ► CASE STUDY GDP and Its Components 28 Other Measures of Income 29 Seasonal Adjustment 31 2-2 Measuring the Cost of Living: The Consumer Price Index The Price of a Basket of Goods 32 32 How the CPI Compares to the GDP and PCE Deflators Does the CPI Overstate Inflation? 34 2-3 Measuring Joblessness: The Unemployment Rate 33 36 The Household Survey 36 ► CASE STUDY Men, Women, and Labor-Force Participation The Establishment Survey 39 2-4 Conclusion: From Economic Statistics to Economic Models 38 4Ū Part II Classical Theory: The Economy in the Long Run 45 Chapter 3 National Income: Where It Comes From and Where It Goes 45 3-1 What Determines the Total Production of Goods and Services? The Factors of Production 47 The Production Function 47 The Supply of Goods and Services 3-2 47 48 How Is National Income Distributed to the Factors of Production? 49 Factor Prices 49 The Decisions Facing a Competitive Firm 50 The Firm’s Demand for Factors 51 The Division of National Income 54 ► CASE STUDY The Black Death and Factor Prices 56 The Cobb-Douglas Production Function 56 ► CASE STUDY Labor Productivity as the Key Determinant of Real Wages 59 FYI The Growing Gap Between Rich and Poor 61 3-3 What Determines the Demand for Goods and Services? Consumption 62 Investment 63 Government Purchases 64 FYI The Many Different Interest Rates 3-4 62 65 What Brings the Supply and Demand for Goods and Services into Equilibrium? 66 Equilibrium in the Market for Goods and Services: The Supply and Demand for the Economy’s Output 67 Equilibrium in the Financial Markets: The Supply and Demand for Loanable Funds 68 Contents I x¡ Changes in Saving: The Effects of Fiscal Policy 70 Changes in Investment Demand 71 3- 5 Conclusion 73 Chapter 4 The Monetary System: What It Is and How It Works 79 4- 1 What Is Money? 8Ū The Functions of Money 80 The Types of Money 81 ► CASE STUDY Money in a POW Camp 81 The Development of Fiat Money 82 ► CASE STUDY Money and Social Conventions on the Island of Yap 82 FYI Bitcoin: The Strange Case of a Digital Money 83 How the Quantity of Money Is Controlled 84 How the Quantity of Money Is Measured 84 FYI How Do Credit Cards and Debit Cards Fit into the Monetary System? 86 4-2 The Role of Banks in the Monetary System 86 100-Percent-Reserve Banking 87 Fractional-Reserve Banking 87 Bank Capital, Leverage, and Capital Requirements 4-3 How Central Banks Influence the Money Supply 89 91 A Model of the Money Supply 91 The Instruments of Monetary Policy 93 ► CASE STUDY Quantitative Easing and the Exploding Monetary Base 94 Problems in Monetary Control 96 ► CASE STUDY Bank Failures and the Money Supply in the 1930s 96 4- 4 Conclusion 98 Chapter 5 Inflation: Its Causes, Effects, and Social Costs 103 5- 1 The Quantity Theory of Money 104 Transactions and the Quantity Equation 104 From Transactions to Income 106 The Money Demand Function and the Quantity Equation 106 The Assumption of Constant Velocity 107 Money, Prices, and Inflation 108 ► CASE STUDY Inflation and Money Growth 109 5-2 Seigniorage: The Revenue from Printing Money 111 ► CASE STUDY Paying for the American Revolution 5-3 Inflation and Interest Rates Two Interest Rates: Real and Nominal 112 The Fisher Effect 113 ► CASE STUDY Inflation and Nominal Interest Rates Two Real Interest Rates: Ex Ante and Ex Post 115 5-4 The Nominal Interest Rate and the Demand for Money The Cost of Holding Money 116 Future Money and Current Prices 5-5 111 112 The Social Costs of Inflation 113 115 116 118 The Layman s View and the Classical Response 118 ► CASE STUDY What Economists and the Public Say About Inflation 119 The Costs of Expected Inflation 119 The Costs of Unexpected Inflation 121 ► CASE STUDY The Free Silver Movement, the Election of 1896, and the Wizard of Oz 122 One Benefit of Inflation 123 5-6 Hyperinflation 124 The Costs of Hyperinflation 124 The Causes of Hyperinflation 125 ► CASE STUDY Hyperinflation in Interwar Germany ► CASE STUDY Hyperinflation in Zimbabwe 128 5- 7 Conclusion: The Classical Dichotomy Chapter 6 The Open Economy 6- 1 126 129 135 The International Flows of Capital and Goods 136 The Role of Net Exports 137 International Capital Flows and the Trade Balance 137 International Flows of Goods and Capital: An Example 139 The Irrelevance of Bilateral Trade Balances 140 6-2 Saving and Investment in a Small Open Economy 141 Capital Mobility and the World Interest Rate 141 Why Assume a Small Open Economy? 142 The Model 142 How Policies Influence the Trade Balance 144 Evaluating Economic Policy 146 ► CASE STUDY The U.S. Trade Deficit 147 ► CASE STUDY Why Doesn’t Capital Flow to Poor Countries? 149 Contents I xiii В-З Exchange Rates 151 Nominal and Real Exchange Rates 151 The Real Exchange Rate and the Trade Balance 153 The Determinants of the Real Exchange Rate 154 How Policies Influence the Real Exchange Rate 155 The Effects of Trade Policies 156 The Determinants of the Nominal Exchange Rate 158 ► CASE STUDY Inflation and Nominal Exchange Rates The Special Case of Purchasing-Power Parity 1 BO ► CASE STUDY The Big Mac Around the World 162 6- 4 159 Conclusion: The United States as a Large Open Economy Appendix The Large Open Economy 164 1B9 Chapter 7 Unemployment and the Labor Market 7- 1 Job Loss, Job Finding, and the Natural Rate of Unemployment 180 7-2 Job Search and Frictional Unemployment 179 182 Causes of Frictional Unemployment 183 Public Policy and Frictional Unemployment 183 ► CASE STUDY Unemployment Insurance and the Rate of Job Finding 184 7-3 7-4 Real-Wage Rigidity and Structural Unemployment Minimum-Wage Laws 186 Unions and Collective Bargaining 188 Efficiency Wages 189 ► CASE STUDY Henry Ford’s $5 Workday 190 Labor-Market Experience: The United States 191 185 The Duration of Unemployment 191 ► CASE STUDY The Increase in U.S. Long-Term Unemployment and the Debate over Unemployment Insurance 192 Variation in the Unemployment Rate Across Demographic Groups 194 Transitions into and out of the Labor Force 195 ► CASE STUDY The Decline in Labor-Force Participation: 2007 to 2017 196 7-5 Labor-Market Experience: Europe 198 The Rise in European Unemployment 198 Unemployment Variation Within Europe 199 The Rise of European Leisure 200 7-6 Conclusion 202 xiv I Contents Part III Growth Theory: The Economy in the Very Long Run 207 Chapter 8 Economic Growth I: Capital Accumulation and Population Growth 2Ū7 8-1 The Accumulation of Capital 208 The Supply and Demand for Goods 2Ū9 Growth in the Capital Stock and the Steady State 211 Approaching the Steady State: A Numerical Example 213 ► CASE STUDY The Miracle of Japanese and German Growth 216 How Saving Affects Growth 216 8-2 The Golden Rule Level of Capital 218 Comparing Steady States 218 Finding the Golden Rule Steady State: A Numerical Example The Transition to the Golden Rule Steady State 223 8-3 Population Growth 225 The Steady State with Population Growth 226 The Effects of Population Growth 227 ► CASE STUDY Investment and Population Growth Around the World 229 Alternative Perspectives on Population Growth 231 8- 4 Conclusion 232 Chapter 9 Economic Growth II: Technology, Empirics, and Policy 237 9- 1 Technological Progress in the Solow Model 238 The Efficiency of Labor 238 The Steady State with Technological Progress The Effects of Technological Progress 240 9-2 From Growth Theory to Growth Empirics 239 241 Balanced Growth 242 Convergence 242 Factor Accumulation Versus Production Efficiency ► CASE STUDY Good Management as a Source of Productivity 244 9-3 Policies to Promote Growth 246 Evaluating the Rate of Saving 246 Changing the Rate of Saving 247 Allocating the Economy’s Investment 248 ► CASE STUDY Industrial Policy in Practice 250 243 221 Establishing the Right Institutions 251 ► CASE STUDY The Colonial Origins of Modern Institutions 252 Supporting a Pro-growth Culture 253 Encouraging Technological Progress 254 ► CASE STUDY Is Free Trade Good for Economic Growth? 9-4 Beyond the Solow Model: Endogenous Growth Theory The Basic Model 256 A Two-Sector Model 257 The Microeconomics of Research and Development The Process of Creative Destruction 260 9-5 Conclusion 254 256 259 261 Appendix Accounting for the Sources of Economic Growth 266 Part IV Business Cycle Theory: The Economy in the Short Run 275 Chapter 10 Introduction to Economic Fluctuations 10-1 The Facts About the Business Cycle 275 276 GDP and Its Components 276 Unemployment and Okun s Law 279 Leading Economic Indicators 281 10-2 Time Horizons in Macroeconomics 283 How the Short Run and the Long Run Differ 283 ► CASE STUDY If You Want to Know Why Firms Have Sticky Prices, Ask Them 284 The Model of Aggregate Supply and Aggregate Demand 286 10-3 Aggregate Demand 287 The Quantity Equation as Aggregate Demand 287 Why the Aggregate Demand Curve Slopes Downward Shifts in the Aggregate Demand Curve 289 10-4 Aggregate Supply 288 290 The Long Run: The Vertical Aggregate Supply Curve 290 The Short Run: The Horizontal Aggregate Supply Curve 292 From the Short Run to the Long Run 293 ► CASE STUDY A Monetary Lesson from French History 295 10-5 Stabilization Policy 296 Shocks to Aggregate Demand 296 Shocks to Aggregate Supply 297 ► CASE STUDY How OPEC Helped Cause Stagflation in the 1970s and Euphoria in the 1980s 10- 6 Conclusion 299 301 Chapter 11 Aggregate Demand I: Building the ÍS-LM Model 305 11- 1 The Goods Market and the IS Curve 307 The Keynesian Cross 307 ► CASE STUDY Cutting Taxes to Stimulate the Economy: The Kennedy and Bush Tax Cuts 314 ► CASE STUDY Increasing Government Purchases to Stimulate the Economy: The Obama Stimulus 315 ► CASE STUDY Using Regional Data to Estimate Multipliers 316 The Interest Rate, Investment, and the IS Curve 318 How Fiscal Policy Shifts the IS Curve 320 11-2 The Money Market and the LM Curve 321 The Theory of Liquidity Preference 321 ► CASE STUDY Does a Monetary Tightening Raise or Lower Interest Rates? 324 Income, Money Demand, and the L/И Curve 324 How Monetary Policy Shifts the LM Curve 325 11- 3 Conclusion; The Short-Run Equilibrium 326 Chapter 12 Aggregate Demand II: Applying the IS-LM Model 333 12- 1 Explaining Fluctuations with the IS-LM Model 334 How Fiscal Policy Shifts the IS Curve and Changes the Short-Run Equilibrium 334 How Monetary Policy Shifts the LM Curve and Changes the Short-Run Equilibrium 336 The Interaction Between Monetary and Fiscal Policy 337 Shocks in the IS-LM Model 339 ► CASE STUDY The U.S. Recession of 2001 340 What Is the Fed’s Policy Instrument—The Money Supply or the Interest Rate? 341 12-2 IS-LM as a Theory of Aggregate Demand 342 From the IS-LM Model to the Aggregate Demand Curve The IS-LM Model in the Short Run and Long Run 345 12-3 The Great Depression 347 The Spending Hypothesis: Shocks to the IS Curve The Money Hypothesis: A Shock to the LM Curve 347 349 343 The Money Hypothesis Again: The Effects of Falling Prices 350 Could the Depression Happen Again? 352 ► CASE STUDY The Financial Crisis and Great Recession of 2008 and 2009 353 The Liquidity Trap (Also Known as the Zero Lower Bound) 356 FYI The Curious Case of Negative Interest Rates 12- 4 Conclusion 357 357 Chapter 13 The Open Economy Revisited: The Mundell-Fleming Model and the Exchange-Rate Regime 363 13- 1 The Mundell-Fleming Model 365 The Key Assumption: Small Open Economy with Perfect Capital Mobility 365 The Goods Market and the IS* Curve 365 The Money Market and the LM* Curve 366 Putting the Pieces Together 368 13-2 The Small Open Economy Under Floating Exchange Rates 369 Fiscal Policy 370 Monetary Policy 371 Trade Policy 372 13-3 The Small Open Economy Under Fixed Exchange Rates How a Fixed-Exchange-Rate System Works 373 374 ► CASE STUDY The International Gold Standard 375 Fiscal Policy 376 Monetary Policy 377 ► CASE STUDY Devaluation and the Recovery from the Great Depression 378 Trade Policy 378 Policy in the Mundell-Fleming Model: A Summary 379 13-4 Interest Rate Differentials 380 Country Risk and Exchange-Rate Expectations 380 Differentials in the Mundell-Fleming Model 381 ► CASE STUDY International Financial Crisis: Mexico 1994-1995 382 ► CASE STUDY International Financial Crisis: Asia 1997-1998 384 13-5 Should Exchange Rates Be Floating or Fixed? 385 Pros and Cons of Different Exchange-Rate Systems 385 ► CASE STUDY The Debate over the Euro 386 Speculative Attacks, Currency Boards, and Dollarization 388 The Impossible Trinity 389 ► CASE STUDY The Chinese Currency Controversy 390 xviii I Contents 13-6 From the Short Run to the Long Run: The Mundell-Fleming Model with a Changing Price Level 390 13- 7 A Concluding Reminder Appendix 393 A Short-Run Model of the Large Open Economy 398 Chapter 14 Aggregate Supply and the Short-Run Tradeoff Between Inflation and Unemployment 405 14- 1 The Basic Theory of Aggregate Supply 406 The Sticky-Price Model 406 An Alternative Theory: The Imperfect-Information Model 408 ► CASE STUDY International Differences in the Aggregate Supply Curve 41Ū Implications 411 14-2 Inflation, Unemployment, and the Phillips Curve 413 Deriving the Phillips Curve from the Aggregate Supply Curve 414 FYI The History of the Modern Phillips Curve 415 Adaptive Expectations and Inflation Inertia 416 Two Causes of Rising and Falling Inflation 416 ► CASE STUDY Inflation and Unemployment in the United States 417 The Short-Run Tradeoff Between Inflation and Unemployment 419 Disinflation and the Sacrifice Ratio 420 FYI How Precise Are Estimates of the Natural Rate of Unemployment? 421 Rational Expectations and the Possibility of Painless Disinflation 422 ► CASE STUDY The Sacrifice Ratio in Practice 423 Hysteresis and the Challenge to the Natural-Rate Hypothesis 425 14- 3 Conclusion 426 Appendix The Mother of All Models 431 Part V Topics in Macroeconomic Theory and Policy 435 Chapter 15 A Dynamic Model of Economic Fluctuations 15- 1 Elements of the Model 436 Output: The Demand for Goods and Services 436 The Real Interest Rate: The Fisher Equation 438 Inflation: The Phillips Curve 438 Expected Inflation: Adaptive Expectations 439 435 The Nominal Interest Rate: The Monetary-Policy Rule ► CASE STUDY The Taylor Rule 441 15-2 Solving the Model The The The The 440 443 Long-Run Equilibrium 445 Dynamic Aggregate Supply Curve 445 Dynamic Aggregate Demand Curve 447 Short-Run Equilibrium 44S 15-3 Using the Model 450 Long-Run Growth 450 A Shock to Aggregate Supply 451 A Shock to Aggregate Demand 454 FYI The Numerical Calibration and Simulation A Shift in Monetary Policy 457 15-4 Two Applications: Lessons for Monetary Policy 454 459 The Tradeoff Between Output Variability and Inflation Variability 460 ► CASE STUDY Different Mandates, Different Realities: The Fed Versus the ECB 462 The Taylor Principle 463 ► CASE STUDY What Caused the Great Inflation? 466 15- 5 Conclusion: Toward DSGE Models 467 Chapter 16 Alternative Perspectives on Stabilization Policy 471 16- 1 Should Policy Be Active or Passive? 472 Lags in the Implementation and Effects of Policies 472 The Difficult Job of Economic Forecasting 474 ► CASE STUDY Mistakes in Forecasting 474 Ignorance, Expectations, and the Lucas Critique 476 The Historical Record 477 ► CASE STUDY Is the Stabilization of the Economy a Figment of the Data? 478 ► CASE STUDY How Does Policy Uncertainty Affect the Economy? 478 16-2 Should Policy Be Conducted by Rule or Discretion? 480 Distrust of Policymakers and the Political Process 481 The Time Inconsistency of Discretionary Policy 482 ► CASE STUDY Alexander Hamilton Versus Time Inconsistency 483 Rules for Monetary Policy 484 ► CASE STUDY Inflation Targeting: Rule or Constrained Discretion? 485 ► CASE STUDY Central-Bank Independence 486 16- 3 Conclusion 488 Appendix Time Inconsistency and the Tradeoff Between Inflation and Unemployment 492 Chapter 17 Government Debt and Budget Deficits 17- 1 The Size of the Government Debt 495 496 ► CASE STUDY The Troubling Long-Term Outlook for Fiscal Policy 499 17-2 Measurement Problems 500 Problem 1 : Inflation 50G Problem 2: Capital Assets 501 Problem 3: Uncounted Liabilities 502 Problem 4: The Business Cycle 503 Summing Up 503 17-3 The Traditional View of Government Debt FYI Taxes and Incentives 504 50B 17-4 The Ricardian View of Government Debt 506 The Basic Logic of Ricardian Equivalence 506 Consumers and Future Taxes 507 ► CASE STUDY George H. W. Bush’s Withholding Experiment 509 Making a Choice 510 FYI Ricardo on Ricardian Equivalence 511 17-5 Other Perspectives on Government Debt 512 Balanced Budgets Versus Optimal Fiscal Policy Fiscal Effects on Monetary Policy 513 Debt and the Political Process 514 International Dimensions 515 17- 6 Conclusion 512 515 Chapter 18 The Financial System: Opportunities and Dangers 519 18- 1 What Does the Financial System Do? Financing Investment 520 Sharing Risk 521 Dealing with Asymmetric Information Fostering Economic Growth 524 18-2 Financial Crises 52Ū 522 525 The Anatomy of a Crisis 525 FYI The Efficient Markets Hypothesis Versus Keynes’s Beauty Contest 526 FYI The TED Spread 529 ► CASE STUDY Who Should Be Blamed for the Financial Crisis of 2008-2009? 531 Policy Responses to a Crisis 532 Policies to Prevent Crises 536 ► CASE STUDY The European Sovereign Debt Crisis 18- 3 Conclusion 539 54Ū Chapter 19 The Microfoundations of Consumption and Investment 545 19- 1 What Determines Consumer Spending? 54B John Maynard Keynes and the Consumption Function 546 Franco Modigliani and the Life-Cycle Hypothesis 550 Milton Friedman and the Permanent-Income Hypothesis 553 ► CASE STUDY The 1964 Tax Cut and the 1968 Tax Surcharge ► CASE STUDY The Tax Rebates of 2008 556 Robert Hall and the Random-Walk Hypothesis 557 ► CASE STUDY Do Predictable Changes in Income Lead to Predictable Changes in Consumption? 558 □avid Laibson and the Pull of Instant Gratification 559 ► CASE STUDY How to Get People to Save More 560 The Bottom Line on Consumption 562 19-2 What Determines Investment Spending? 562 The Rental Price of Capital 563 The Cost of Capital 564 The Cost-Benefit Calculus of Investment 566 Taxes and Investment 568 The Stock Market and Tobin’s q 569 ► CASE STUDY The Stock Market as an Economic Indicator Financing Constraints 571 The Bottom Line on Investment 572 19-3 Conclusion: The Key Role of Expectations 555 570 573 Epilogue What We Know, What We Don’t 579 The Four Most Important Lessons of Macroeconomics 579 Lesson 1 : In the long run, a country s capacity to produce goods and services determines the standard of living of its citizens. 580 Lesson 2: In the short run, aggregate demand influences the amount of goods and services that a country produces. 580 Lesson 3: In the long run, the rate of money growth determines the rate of inflation, but it does not affect the rate of unemployment. 581 Lesson 4: In the short run, policymakers who control monetary and fiscal policy face a tradeoff between inflation and unemployment. 581 xxii І Contents The Four Most Important Unresolved Questions of Macroeconomics 582 Question 1 : How should policymakers try to promote growth in the economy’s natural level of output? 582 Question 2: Should policymakers try to stabilize the economy? If so, how? 583 Question 3: How costly is inflation, and how costly is reducing inflation? 584 Question 4: How big a problem are government budget deficits? 585 Conclusion Glossary Index 586 587 597
any_adam_object	1
author	Mankiw, Nicholas Gregory 1958-
author_GND	(DE-588)120973626
author_facet	Mankiw, Nicholas Gregory 1958-
author_role	aut
author_sort	Mankiw, Nicholas Gregory 1958-
author_variant	n g m ng ngm
building	Verbundindex
bvnumber	BV045134733
classification_rvk	QC 300
classification_tum	WIR 050f
ctrlnum	(OCoLC)1090116769 (DE-599)DNB1164389874
discipline	Wirtschaftswissenschaften
edition	Tenth edition
format	Book
fullrecord	<?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>02661nam a2200649 c 4500</leader><controlfield tag="001">BV045134733</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20200525 </controlfield><controlfield tag="007">t\|</controlfield><controlfield tag="008">180816s2019 xxka\|\|\| \|\|\|\| 00\|\|\| eng d</controlfield><datafield tag="016" ind1="7" ind2=" "><subfield code="a">1164389874</subfield><subfield code="2">DE-101</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9781319243586</subfield><subfield code="c">hbk.</subfield><subfield code="9">978-1-319-24358-6</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">1319243584</subfield><subfield code="9">1-319-24358-4</subfield></datafield><datafield tag="024" ind1="3" ind2=" "><subfield code="a">9781319243586</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1090116769</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)DNB1164389874</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">xxk</subfield><subfield code="c">XA-GB</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-N2</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-706</subfield><subfield code="a">DE-384</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-1050</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-11</subfield><subfield code="a">DE-92</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-1049</subfield><subfield code="a">DE-188</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-523</subfield><subfield code="a">DE-898</subfield><subfield code="a">DE-19</subfield><subfield code="a">DE-2070s</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QC 300</subfield><subfield code="0">(DE-625)141265:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">WIR 050f</subfield><subfield code="2">stub</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Mankiw, Nicholas Gregory</subfield><subfield code="d">1958-</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)120973626</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Macroeconomics</subfield><subfield code="c">N. Gregory Mankiw, Harvard University</subfield></datafield><datafield tag="250" ind1=" " ind2=" "><subfield code="a">Tenth edition</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">New York</subfield><subfield code="b">Macmillan international higher education</subfield><subfield code="c">[2019]</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">xxxv, 612 Seiten</subfield><subfield code="b">Illustrationen, Diagramme</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Neue Makroökonomie</subfield><subfield code="0">(DE-588)4120793-2</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Makroökonomie</subfield><subfield code="0">(DE-588)4037174-8</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Neokeynesianismus</subfield><subfield code="0">(DE-588)4138182-8</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Hyperinflation</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">IS-LM</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Inflation</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Keynes</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">economic growth</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">economic policy</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">growth</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">macroeconomics</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">money</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">unemployment</subfield></datafield><datafield tag="655" ind1=" " ind2="7"><subfield code="0">(DE-588)4123623-3</subfield><subfield code="a">Lehrbuch</subfield><subfield code="2">gnd-content</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">Makroökonomie</subfield><subfield code="0">(DE-588)4037174-8</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="5">DE-604</subfield></datafield><datafield tag="689" ind1="1" ind2="0"><subfield code="a">Neokeynesianismus</subfield><subfield code="0">(DE-588)4138182-8</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="1" ind2=" "><subfield code="8">1\p</subfield><subfield code="5">DE-604</subfield></datafield><datafield tag="689" ind1="2" ind2="0"><subfield code="a">Neue Makroökonomie</subfield><subfield code="0">(DE-588)4120793-2</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="2" ind2=" "><subfield code="8">2\p</subfield><subfield code="5">DE-604</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Online-Ausgabe</subfield><subfield code="z">9781319248390</subfield></datafield><datafield tag="780" ind1="0" ind2="0"><subfield code="i">Vorangegangen ist</subfield><subfield code="z">9781464182891</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">X:MVB</subfield><subfield code="q">text/html</subfield><subfield code="u">http://deposit.dnb.de/cgi-bin/dokserv?id=72270b876dfd4371b97839066fca4a5b&prov=M&dok_var=1&dok_ext=htm</subfield><subfield code="3">Inhaltstext</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">Digitalisierung UB Passau - ADAM Catalogue Enrichment</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=030524671&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Inhaltsverzeichnis</subfield></datafield><datafield tag="883" ind1="1" ind2=" "><subfield code="8">1\p</subfield><subfield code="a">cgwrk</subfield><subfield code="d">20201028</subfield><subfield code="q">DE-101</subfield><subfield code="u">https://d-nb.info/provenance/plan#cgwrk</subfield></datafield><datafield tag="883" ind1="1" ind2=" "><subfield code="8">2\p</subfield><subfield code="a">cgwrk</subfield><subfield code="d">20201028</subfield><subfield code="q">DE-101</subfield><subfield code="u">https://d-nb.info/provenance/plan#cgwrk</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-030524671</subfield></datafield></record></collection>
genre	(DE-588)4123623-3 Lehrbuch gnd-content
genre_facet	Lehrbuch
id	DE-604.BV045134733
illustrated	Illustrated
indexdate	2024-12-20T18:18:59Z
institution	BVB
isbn	9781319243586 1319243584
language	English
oai_aleph_id	oai:aleph.bib-bvb.de:BVB01-030524671
oclc_num	1090116769
open_access_boolean
owner	DE-N2 DE-20 DE-706 DE-384 DE-739 DE-1050 DE-355 DE-BY-UBR DE-11 DE-92 DE-473 DE-BY-UBG DE-1049 DE-188 DE-91 DE-BY-TUM DE-523 DE-898 DE-BY-UBR DE-19 DE-BY-UBM DE-2070s
owner_facet	DE-N2 DE-20 DE-706 DE-384 DE-739 DE-1050 DE-355 DE-BY-UBR DE-11 DE-92 DE-473 DE-BY-UBG DE-1049 DE-188 DE-91 DE-BY-TUM DE-523 DE-898 DE-BY-UBR DE-19 DE-BY-UBM DE-2070s
physical	xxxv, 612 Seiten Illustrationen, Diagramme
publishDate	2019
publishDateSearch	2019
publishDateSort	2019
publisher	Macmillan international higher education
record_format	marc
spellingShingle	Mankiw, Nicholas Gregory 1958- Macroeconomics Neue Makroökonomie (DE-588)4120793-2 gnd Makroökonomie (DE-588)4037174-8 gnd Neokeynesianismus (DE-588)4138182-8 gnd
subject_GND	(DE-588)4120793-2 (DE-588)4037174-8 (DE-588)4138182-8 (DE-588)4123623-3
title	Macroeconomics
title_auth	Macroeconomics
title_exact_search	Macroeconomics
title_full	Macroeconomics N. Gregory Mankiw, Harvard University
title_fullStr	Macroeconomics N. Gregory Mankiw, Harvard University
title_full_unstemmed	Macroeconomics N. Gregory Mankiw, Harvard University
title_short	Macroeconomics
title_sort	macroeconomics
topic	Neue Makroökonomie (DE-588)4120793-2 gnd Makroökonomie (DE-588)4037174-8 gnd Neokeynesianismus (DE-588)4138182-8 gnd
topic_facet	Neue Makroökonomie Makroökonomie Neokeynesianismus Lehrbuch
url	http://deposit.dnb.de/cgi-bin/dokserv?id=72270b876dfd4371b97839066fca4a5b&prov=M&dok_var=1&dok_ext=htm http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=030524671&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA
work_keys_str_mv	AT mankiwnicholasgregory macroeconomics

Verfügbarkeit

Per Ortsleihe bestellen

Inhaltsverzeichnis

Ausleihbestand Seybothstrasse

Bestandsangaben von Ausleihbestand Seybothstrasse
Signatur:	F 03 QC 300 M278 M1(10) Lageplan
Exemplar 1	uneingeschränkt entleihbar Am Standort

An UBR ausleihen
Ausleihen an der UBR sind mit eigenem Ausweis möglich.