Bøger af Albert Ando

This book presents an analysis of the relationship between monetary velocity and the investment multiplier in macroeconomic models. The authors explore the factors that affect the stability of these variables and examine how changes in government policy can affect economic outcomes. This book will be of interest to economists, policymakers, and graduate students in economics.This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it.This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

A set of related papers dealing with the meaning of causality in simulataneous dynamic equation systems. Investigation of the systems which only approximately satisfy the conditions enabling the definition of causality, leads to a set of limiting theorems concerning the dynamic behavior of such systems over time, and estimation procedures for the parameters of such systems. Implications of these theorems for some well-known propositions in economics and other social sciences are considered.