Macroeconomic Measurement Versus Macroeconomic Theory

ISBN-13: 9781032082097 / Angielski / Miękka / 2021 / 278 str.

Merijn Knibbe

Opis

Macroeconomic theoreticians and statisticians have diverged in recent years and no longer speak the same language with the same words often having different meanings. This book maps the differences between macroeconomic theory and measurement and explores their intellectual, historical and, in some cases, ideological origins.

Spis treści

1. Introduction;  2. Money, prices and pricing;  3. Money and how it’s measured;  4. Labor and unemployment;  5. Capital (and land);  6. Consumption;  7. I stands for Gross Fixed Capital Formation;  8. (Un)real production;  9. Macro economic unit labor costs as we measure them are no indicator of competitivity

 

O autorze

Merijn Knibbe was born in Veldhoven, The Netherlands. He studied economics at the Rijksuniversiteit (University of) Groningen. He has written a Ph. D. thesis about production and income in Dutch agriculture between 1850 and 1950 and a habilitation on developments in Frisian agriculture between 1505 and 1832. He has also published on historical flows of feed, food and minerals in the Netherlands as well as many blogs on economic developments after the Great Financial Crisis and the extent to which economic metrics and models can be used to map and analyse the nature of this crisis.