Coordination and Growth

Essays in Honour of Simon K. Kuipers

  • Gerard H. Kuper
  • Elmer Sterken
  • Els Wester

Table of contents

  1. Front Matter
    Pages i-xiv
  2. Introduction

    1. Gerard H. Kuper, Elmer Sterken, Els Wester
      Pages 1-13
  3. Simon Kuipers: An Economist in Search of Rigour and Relevance

    1. Martin M. G. Fase, Theo van de Klundert
      Pages 15-37
  4. Theoretical Issues in Coordination

    1. Front Matter
      Pages 39-39
    2. Theo van de Klundert, Fieke van der Lecq
      Pages 41-53
    3. Piet Keizer
      Pages 55-73
  5. Economic Policy

    1. Front Matter
      Pages 75-75
    2. Sijbren Cnossen, Casper van Ewijk, Ruud de Mooij
      Pages 117-129
    3. Arjen van Witteloostuijn
      Pages 131-143
  6. Monetary Economics and Policy

    1. Front Matter
      Pages 145-145
    2. Hans van Ees, Elmer Sterken
      Pages 147-161
    3. Steven Brakman, Harry Garretsen, Lex Hoogduin
      Pages 163-180
    4. Martin M. G. Fase
      Pages 181-198
    5. Jan Jacobs, Jan Kakes
      Pages 199-215
  7. Economic Growth

    1. Front Matter
      Pages 217-217
    2. Reyer Gerlagh, Michiel A. Keyzer
      Pages 219-231
    3. Adriaan van Zon, Joan Muysken
      Pages 233-247
    4. Arnold Heertje
      Pages 249-253

About this book

Introduction

Coordination and Growth: Essays in Honour of Simon K. Kuipers, addresses a rich variety of coordination issues in macroeconomics. It contains detailed studies in economic policy, monetary economics, and growth theory and uses various methodologies to address the coordination issue: from a pure theoretical to an empirical econometric approach. It is stressed that modern macroeconomics should focus on coordination issues. Imperfections of various kinds are likely to lead to coordination failures, which can lead to large welfare losses. Macroeconomists should address the causes and implications of imperfections and failures. In this book attempts are made to increase our knowledge in this field.
The book is a tribute to one of the leading Dutch macroeconomists, Simon K. Kuipers. Simon Kuipers shows a major interest in the theory of capital (following e.g. Harrod), growth theory (following Solow), monetary theory (following Tobin), and disequilibrium theory (following Malinvaud and Benassy). The lines of thought have in common that they use frictions to explain the functioning of a market economy. The nature of the frictions varies from pure quantity rationing, like in the Malinvaud analysis, to imperfect substitution of various capital goods (like in the vintage models or assets (in the general monetary equilibrium models proposed by Tobin). Kuipers is not only interested in pure theoretical contributions, he also stimulates econometric work in line with the Dutch tradition initiated by Tinbergen. His applied work relates to policy analysis and policy prescriptions in many fields, ranging from monetary economics to distortions in the labour market. Kuipers can be classified as a true Keynesian, although he admires neoclassical theory for its rigour and compactness. Better still, he is an eclectic economist with an open eye for the different schools of thought in macroeconomics.

Keywords

Growth Theory Policy economic growth growth monetary theory

Editors and affiliations

  • Gerard H. Kuper
    • 1
  • Elmer Sterken
    • 1
  • Els Wester
    • 1
  1. 1.Department of EconomicsUniversity of GroningenThe Netherlands

Bibliographic information

  • DOI https://doi.org/10.1007/978-1-4615-1549-4
  • Copyright Information Kluwer Academic Publishers 2001
  • Publisher Name Springer, Boston, MA
  • eBook Packages Springer Book Archive
  • Print ISBN 978-1-4613-5609-7
  • Online ISBN 978-1-4615-1549-4
  • About this book