Macroeconomic Measurement Versus Macroeconomic Theory (Record no. 83102)

000 -LEADER
fixed length control field 06117cam a2200541Mu 4500
001 - CONTROL NUMBER
control field 9781351136709
003 - CONTROL NUMBER IDENTIFIER
control field FlBoTFG
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20230516170602.0
006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS
fixed length control field m d
007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION
fixed length control field cr cnu---unuuu
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 191207s2020 xx o 000 0 eng d
040 ## - CATALOGING SOURCE
Original cataloging agency OCoLC-P
Language of cataloging eng
Transcribing agency OCoLC-P
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9781351136693
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 1351136690
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9781351136709
Qualifying information (electronic bk.)
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 1351136704
Qualifying information (electronic bk.)
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9781351136679
Qualifying information (electronic bk. : Mobipocket)
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 1351136674
Qualifying information (electronic bk. : Mobipocket)
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9781351136686
Qualifying information (electronic bk. : EPUB)
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 1351136682
Qualifying information (electronic bk. : EPUB)
035 ## - SYSTEM CONTROL NUMBER
System control number (OCoLC)1130022974
035 ## - SYSTEM CONTROL NUMBER
System control number (OCoLC-P)1130022974
050 #4 - LIBRARY OF CONGRESS CALL NUMBER
Classification number HB172.5
072 #7 - SUBJECT CATEGORY CODE
Subject category code BUS
Subject category code subdivision 023000
Source bisacsh
072 #7 - SUBJECT CATEGORY CODE
Subject category code BUS
Subject category code subdivision 069000
Source bisacsh
072 #7 - SUBJECT CATEGORY CODE
Subject category code KCP
Source bicssc
082 04 - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 339
Edition number 23
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Knibbe, Merijn.
9 (RLIN) 71710
245 10 - TITLE STATEMENT
Title Macroeconomic Measurement Versus Macroeconomic Theory
Medium [electronic resource].
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. Milton :
Name of publisher, distributor, etc. Routledge,
Date of publication, distribution, etc. 2020.
300 ## - PHYSICAL DESCRIPTION
Extent 1 online resource (279 p.).
490 1# - SERIES STATEMENT
Series statement Routledge Frontiers of Political Economy Ser.
500 ## - GENERAL NOTE
General note Description based upon print version of record.
505 0# - FORMATTED CONTENTS NOTE
Formatted contents note Cover; Half Title; Series; Title; Copyright; Contents; List of tables; List of graphs; List of figures and diagrams; Preface; 1 Introduction; Introduction; 1.1 Why this book?; 1.2 Conceptual differences extend to the cores of neoclassical macro theory and statistical macro-measurement; 1.3 The two very different meanings of 'micro-founded'; 1.4 The differences between macro-models and macro-statistics have a history; 1.5 Macroeconomic events outside the framework of neoclassical macroeconomic models as well as macroeconomic statistics
505 8# - FORMATTED CONTENTS NOTE
Formatted contents note 1.6 The changing boundary of our idea of 'the (macro) economy' and the immensely measurable nature of monetary transactions1.7 Hey, national accounts are political accounts; 1.8 Overarching integration: the modern flow of funds / national accounts; 1.9 An overview of the key differences between DSGE macro-models and macro-measurements; 1.10 Mitchell-style business cycle indicators, the accounts and DSGE models; 1.11 The conceptual model of the book (1): five interrelated phases of development of a macro-statistical variable; 1.12 The conceptual model of the book (2): cases
505 8# - FORMATTED CONTENTS NOTE
Formatted contents note 1.13 The conceptual model of the book (3): meta-formulas2 Money, prices and pricing; 2.1 Introduction; 2.2 Transactions; 2.3 Prices and pricing; 2.4 Money; 2.5 The nature prices and pricing in a monetary society; 2.6 The nature of the statistical production boundary; 2.7 National accounts as an instrument of control; 3 Money and how it's estimated; 3.1 Introduction; 3.2 Money and its measurement; 3.2.1 Monies, manuals and measurement; 3.2.2 The flow of funds as an overarching model; 3.2.3 The monthly monetary press release of the ECB and the macroeconomic formula of everything
505 8# - FORMATTED CONTENTS NOTE
Formatted contents note 3.2.4 Single accounting concepts of the account of money (1): Friedman and Schwartz3.2.5 Single accounting concepts of the amount of money (2): Divisia indices; 3.2.6 Quadruple accounting aggregates: money and debt; 3.3 Money and the models; 4 Labor and unemployment; 4.1 Introduction: the discussion at the heart of macroeconomics; 4.2 The concept of involuntary unemployment; 4.3 Measured employment, unemployment and labor flows; 4.3.1 Where do the concepts and definitions come from? A bit about the International Labor Organization
505 8# - FORMATTED CONTENTS NOTE
Formatted contents note 4.3.2 The ILO definitions of employment and unemployment and the influence of the US Congress4.3.3 The ILO 'periodic table' of monetary and non-monetary work, unemployment and leisure; 4.3.4 The difference between people and jobs; 4.4 Neoclassical ideas about labor and the working of the labor market; 4.4.1 Concepts and definitions: leisure and the difference between people and hours; 4.4.2 Deconstructing the future; 4.4.3 Fundamental and non-fundamental ways to make the models consistent with high unemployment; 4.4.3 Models which take the statistics at face value
500 ## - GENERAL NOTE
General note 4.5 Voluntary and involuntary declines in hours of labor and unemployment during the Great Depression and beyond
520 ## - SUMMARY, ETC.
Summary, etc. Ideally, scientific theory and scientific measurement should develop in tandem, but in recent years this has not been the case in economics. There used to be a time when leading economists, or their students, established or led statistical offices and took care that the measurements were consistent with the theory (and vice versa). Not anymore. Macroeconomic theorists and macroeconomic statisticians do not even speak the same language any longer. They do use the same words, such as consumption', investments' or unemployment' but the meanings can often be different. This book maps the differences between macroeconomic theory and measurement and explores them in some detail while also tracking their intellectual, historical and, in some cases, ideological origins. It also explores the possible policy implications. In doing so, the book draws on two separate strands of literature which are seldom used in unison: macro-statistical manuals and theoretical macro-papers. By doing so, the book contributes to the effort to bridge the gap between them without compromising on the idea that a meaningful science of economics should, in the end, be based upon individual people and households and their social and cultural embedding instead of a representative consumer', or Robinson Crusoe figure. This work is essential reading for students, economists, statisticians, and professionals.
588 ## - SOURCE OF DESCRIPTION NOTE
Source of description note OCLC-licensed vendor bibliographic record.
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Macroeconomics.
9 (RLIN) 62665
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element BUSINESS & ECONOMICS / Economic History
Source of heading or term bisacsh
9 (RLIN) 71400
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element BUSINESS & ECONOMICS / Economics / General
Source of heading or term bisacsh
9 (RLIN) 65884
856 40 - ELECTRONIC LOCATION AND ACCESS
Materials specified Taylor & Francis
Uniform Resource Identifier <a href="https://www.taylorfrancis.com/books/9781351136709">https://www.taylorfrancis.com/books/9781351136709</a>
856 42 - ELECTRONIC LOCATION AND ACCESS
Materials specified OCLC metadata license agreement
Uniform Resource Identifier <a href="http://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf">http://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf</a>
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type eBooks

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