Buch, Englisch, 434 Seiten, Format (B × H): 157 mm x 235 mm, Gewicht: 776 g
Macro Foundations
Buch, Englisch, 434 Seiten, Format (B × H): 157 mm x 235 mm, Gewicht: 776 g
ISBN: 978-0-521-64351-1
Verlag: Cambridge University Press
This book is in the tradition of non-market-clearing approaches to macrodynamic approaches. It builds a series of integrated disequilibrium growth models of increasing complexity, which display the economic interaction between households, firms and government across labour, goods, money, bonds and equities markets. Chiarella and Flaschel demonstrate how macrodynamics can be developed in a hierarchical way from economically simple structures to more advanced ones. In addition it investigates complex macrodynamic feedback mechanisms. The book is organised into seven chapters. Chapter 1 discusses traditional macrodynamic model buidling. Chapters 2-4 show how Keynesian disequilibrium growth can be obtained from Tobin and Keynes-Wicksell monetary growth models. Chapter 5 treats the cases of substitution in production, and Chapter 6 provides the working model of the book. Chapter 7 discusses further extensions and gives an outlook on future work.
Autoren/Hrsg.
Fachgebiete
- Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Geldwirtschaft, Währungspolitik
- Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Wirtschaftswachstum
- Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Wirtschaftstheorie, Wirtschaftsphilosophie
- Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Makroökonomie
Weitere Infos & Material
Preface; General introduction; 1. Traditional monetary growth dynamics; 2. Tobinian monetary growth: the (neo) classical point of departure; 3. Keynes-Wicksell models of monetary growth: synthesizing Keynes into the classics; 4. Keynesian monetary growth: the missing prototype; 5. Smooth factor substitution: a secondary and confused issue.
