Time and the Macroeconomic Analysis of Income (Bloomsbury Academic Collections: Economics)

Cover
Contents
Foreword
Acknowledgements
Introduction
1 The Definition of National Income
	Part I: Income as a flow of expenditures
		1. Stocks and flows
		2. Keynes's revolution announced
		3. The controversy on saving and investment
		4. I = S: a tautology?
		5. The 'vicious' circle
		6. Identity I (omitted) S and the rejection of the 'vicious' circle
	Part II: The Keynesian definition of national income
		1. The Treatise on Money
		2. From The General Theory to the Treatise
		3. The General Theory
		4. Keynes and 'the flow of income'
		5. Identities versus conditions of equilibrium
		6. Autonomous expenditures
2 The Multiplier Analysis
	Part I: The dynamic multiplier
		1. The traditional theory
		2. The multiplier and the identity of S and I
		3. The multiplier and the identity of Y and C + I
		4. The multiplier is always and necessarily equal to 1
	Part II: The instantaneous multiplier
		1. The multiplier and the multiplicand
		2. The autonomous expenditures
		3. Static, dynamic and k (omitted) 1
		4. The integration of money: a short appraisal
3 The Theory of Emissions
	Part I: The traditional analysis of time
		1. Continuous versus period analysis
		2. The determination of national income in continuous and period analysis
		3. The analogy between economics and classical mechanics
		4. Expenditures are instantaneous events related to a finite period of time
		5. A recent dispute on time analysis
		6. Quantum time and the traditional theory
	Part II: Time as quantum
		1. The link between expenditures and production
		2. Creation versus transformation
		3. The theory of 'integrated' money: a short account
		4. Emissions
		5. A short note on profits
		6. The factors of production
4 Ex-Ante and Ex-Post in Chronological and Quantum Time
	Part I: The ex-ante determination of income
		1. The traditional analysis
		2. Keynes's analysis
		3. One-way causality versus simultaneous causality
	Part II: Saving and investment in quantum time and in continuous time
		1. A reminder on the relation between quantum and chronological time
		2. Saving and investment: their identity
		3. Saving and investment in quantum time
		4. Saving and investment in chronological time
		5. Quantum analysis and the distinction between ex-ante and ex-post variables
Bibliography
Index of Names
	A
	B
	C
	D
	E
	F
	G
	H
	J
	K
	L
	M
	N
	O
	P
	Q
	R
	S
	W
Analytical Index
	C
	D
	E
	F
	G
	H
	I
	L
	M
	N
	P
	Q
	R
	S
	T
	V
	W