Disequilibrium, Growth and Labor Market Dynamics

Macro Perspectives
1. Auflage. Softcover version of original hardcover Auflage 2000
ISBN: 978-3-642-08443-0
Verlag: Springer

Buch, Englisch, 480 Seiten, Paperback, Format (B × H): 155 mm x 235 mm, Gewicht: 744 g

In this book on disequilibrium, growth and labor market dynamics we take predominantly a macroeconomic perspective. We present a working model that can easily be varied in different directions in order to subsume innovations in the literature on macroeconomics, old and new, and to contribute to important currently discussed macroeconomic issues. Our working model is set up in a way that there is a close relationship between our presented dynamic models and modern macro econometric models with disequilibrium both in the labor and the goods markets. One of our objectives is, therefore, to narrow the gap between theoretical and applied structural macrodynamic model building. We hope that the book will be a useful reference for all researchers, academic teachers and practitioners of macroeconomic and macro econometric model building who are interested in economic dynamics, independently of whether they use equilibrium or disequilibrium methods in their own research. We base this hope on the fact that our approach contains a number of unique features. The emphasis on the identification and analysis of the basic feedback mechanisms at work in modern macro economies. A detailed study of the partial as well as integrated dynamic interaction between these feedback mechanisms that consti­ tute the interdependence of markets and sectors of the modern macro economy. The rela­ tionship between the macroeconomic framework of our working model and the Walrasian, Non-Walrasian and New-Keynesian reformulations of macroeconomics.

Zielgruppe

Research

Autoren/Hrsg.

Chiarella, Carl

Flaschel, Peter

Semmler, Willi

Groh, Gangolf

Weitere Mitwirkende

Köper, C.

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Wirtschaftstheorie, Wirtschaftsphilosophie
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Geldwirtschaft, Währungspolitik
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Wirtschaftswachstum
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Arbeitsmarkt
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Makroökonomie

Inhaltsverzeichnis

Introduction: Integrated Macrodynamics.- An Overview on Foundations and Perspectives: Disequilibrium, Growth and Labor Market Dynamics: Foundations.- Disequilibrium, Growth and Labor Market Dynamics: Synthesis and Perspectives.- The Working Model: Walrasian, Non-Walrasian and New-Keynesian Reformulations: Flex-Price Approaches: Exceptional Limit Cases.- Fix-Price Approaches: Regime Switching Overstated.- Market Imperfections: Basic Integration and Comparison.- The Perspective: Modern Macroeconometric Model Building.- Towards Applied Disequilibrium Growth Theory.- Intensive Forms and Steady State Calculations.-Ways Ahead: Structural Analysis of Macroeconometric Models.