Hicks Critical Essays In Monetary Theory

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His Contribution to the Theory of the Trade Cycle (1950), a multiplier-accelerator model of business cycles, also enjoyed modest success.

When Capital and Growth was published in 1965, Hicks tried to provide a theory of growth that featured a microeconomic foundation of macroeconomics.

As you will see from the Table of Contents (information below), I think we have been fairly generous in how much of the mainstream material, which we see as having no analytical veracity or policy relevance, we have included.

This Chapter is about IS-LM analysis, a framework we also reject outright.

However, so much of his prestigious output has been rapidly absorbed into the main body of economic analysis that the Hicksian origin of much of contemporary theory has become obscured.

Therefore, the main purpose of this essay will be to highlight the early contributions of Hicks and to emphasise the revolutionary impact that much of his writings have had on the literature.We use cookies to make interactions with our website easy and meaningful, to better understand the use of our services, and to tailor advertising.For further information, including about cookie settings, please read our Cookie Policy .Note also that the text I post is just the work I am doing by way of the first draft so the material posted will not represent the complete text.Further it will change once the two of us have edited it.The Eastern Provinces From the First to the Third Century AD. John Hicks in OUP Catalogue from Oxford University Press Abstract: Critical Essays in Monetary Theory Date: 1979 ISBN: 9780198284239 References: Add references at Cit Ec Citations: View citations in Econ Papers (54) Track citations by RSS feed There are no downloads for this item, see the Econ Papers FAQ for hints about obtaining it.Afterward, when a flaw was discovered in the exposition, Hicks published Capital and Time: A Neo-Austrian Theory (1973), which incorporated time into the analysis.His Theory of Economic History (1969) gave the market a special role in the development of economic history.Hicks's first book, The Theory of Wages (1932), was an institutional history of labor economics in Britain that analyzed wages under conditions of supply and demand in a competitive market.His second book, Value and Capital: An Inquiry into Some Fundamental Principles of Economic Theory (1939), was a monumental effort that firmly established his reputation among economists.

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