{"product_id":"money-matters-some-puzzles-anomalies-and-crises-in-the-standard-macroeconomic-model-paperback","title":"Money Matters: Some Puzzles, Anomalies and Crises in the Standard Macroeconomic Model - Paperback","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eSyed F. Mahmud\u003c\/b\u003e (Author), \u003cb\u003eKaoru Yamaguchi\u003c\/b\u003e (Author), \u003cb\u003eMurat Yülek\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThe 2007 financial crisis and the Great Recession have prompted a debate about the state of macroeconomics, and many orthodox economists have argued that macroeconomics has entered a Dark Age. \u003c\/p\u003e \u003cp\u003eThis book discusses the shortcomings of the standard macroeconomic model (SMM). The SMM failed to explain the real world and anticipate the global financial crises. The main reasons for this failure have been attributed to its inability to assign an active role of money and by the absence of appropriate modelling of financial markets. \u003c\/p\u003e \u003cp\u003eThe book also discusses how the SMM can be reformed to better account for the real world and policy prescriptions, such as the Chicago Plan, that can reduce the risks emanating from excessive money creation by banks. \u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eSyed F. Mahmud\u003c\/strong\u003e is a professor of economics at Bilkent University. He holds a Ph.D. degree in economics from McMaster University (Canada). In recent years, his research has been primarily focused on banking and finance. \u003cstrong\u003e\u003c\/strong\u003e\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eKaoru Yamaguchi\u003c\/strong\u003e is Director at Japan Futures Research Center. He holds a Ph.D. degree in economics from the University of California, Berkeley.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eMurat Yülek\u003c\/strong\u003e is a professor of economics at Istanbul Ticaret University and the Director of the Center for Industrial Policy and Development. He holds a Ph.D. degree in economics from Bilkent University and has published widely in the field of economic and financial development.\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 146\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.5 x 6.7 x 4.7 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e June 30, 2017\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":52504602312978,"sku":"9783631721452","price":50.67,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0941\/2211\/5346\/files\/heWOiKMrF-9783631721452.webp?v=1783594376","url":"https:\/\/ckbookstore.net\/products\/money-matters-some-puzzles-anomalies-and-crises-in-the-standard-macroeconomic-model-paperback","provider":"CK BOOKSTORE","version":"1.0","type":"link"}