By Gerard H. Kuper,Elmer Sterken,Els Wester
The booklet is a tribute to 1 of the best Dutch macroeconomists, Simon okay. Kuipers. Simon Kuipers exhibits a massive curiosity within the thought of capital (following e.g. Harrod), progress thought (following Solow), financial idea (following Tobin), and disequilibrium conception (following Malinvaud and Benassy). The strains of proposal have in universal that they use frictions to provide an explanation for the functioning of a marketplace economic climate. the character of the frictions varies from natural volume rationing, like within the Malinvaud research, to imperfect substitution of varied capital items (like within the classic versions or resources (in the normal financial equilibrium types proposed via Tobin). Kuipers isn't in basic terms drawn to natural theoretical contributions, he additionally stimulates econometric paintings in response to the Dutch culture initiated through Tinbergen. His utilized paintings pertains to coverage research and coverage prescriptions in lots of fields, starting from financial economics to distortions within the labour marketplace. Kuipers should be categorized as a real Keynesian, even if he admires neoclassical conception for its rigour and compactness. larger nonetheless, he's an eclectic economist with an open eye for different colleges of suggestion in macroeconomics.
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