The Neglected Contributions of R G Hawtrey to Macroeconomics (Record no. 134512)
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000 -LEADER | |
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fixed length control field | 01437nas a2200169Ia 4500 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 241107c99999999xx |||||||||||| ||und|| |
100 ## - MAIN ENTRY--PERSONAL NAME | |
Personal name | Nachane, Dilip M. |
9 (RLIN) | 123452 |
245 #4 - TITLE STATEMENT | |
Title | The Neglected Contributions of R G Hawtrey to Macroeconomics |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Name of publisher, distributor, etc. | Economic and Political Weekly |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Date of publication, distribution, etc. | 2024 |
300 ## - PHYSICAL DESCRIPTION | |
Extent | 183-189 |
520 ## - SUMMARY, ETC. | |
Abstract | In the interwar years (1919-39), macroeconomics was at the forefront of attention of both thinkers as well as policymakers. This paper focuses on Hawtrey, one of the major economists of that period, whose contemporary influence on macroeconomic theory as well as policy was significant, but whose contributions, in the aftermath of World War II, have gone largely into oblivion. We begin with a brief exposition of the main strands of Hawtreyan macroeconomics. We then try to demonstrate the significant influence that Hawtrey's ideas had on Keynes's views, highlighting both the areas in which their ideas differed and where their views reinforced each other's. Before concluding, we draw attention to at least five contributions of Hawtrey, which have a strong claim to be considered original but have received scant professional credit: the multiplier, the accelerator, quantitative easing, crowding out and the announcement effect of monetary policy. |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Monetary Policy |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Policymakers |
9 (RLIN) | 120420 |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | R G Hawtrey |
9 (RLIN) | 123453 |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Macroeconomics |
9 (RLIN) | 82965 |
999 ## - SYSTEM CONTROL NUMBERS (KOHA) | |
Koha biblionumber | 134512 |
Withdrawn status | Lost status | Damaged status | Not for loan | Home library | Current library | Date acquired | Serial Enumeration / chronology | Total Checkouts | Barcode | Date last seen | Price effective from | Koha item type |
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Dr VKRV Rao Library | Dr VKRV Rao Library | 07/11/2024 | Vol. 59, No. 39 | AI783 | 07/11/2024 | 07/11/2024 | Article Index |