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Titlebook: Wages, Regime Switching, and Cycles; Piero Ferri,Edward Greenberg Book 1992Latest edition Springer-Verlag Berlin · Heidelberg 1992 Arbeits

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发表于 2025-3-21 20:02:13 | 显示全部楼层 |阅读模式
书目名称Wages, Regime Switching, and Cycles
编辑Piero Ferri,Edward Greenberg
视频video
图书封面Titlebook: Wages, Regime Switching, and Cycles;  Piero Ferri,Edward Greenberg Book 1992Latest edition Springer-Verlag Berlin · Heidelberg 1992 Arbeits
描述The initial purposes of this book were to update and extend the discussion and the results presented ill our previous book, The Labor Market and Business Cycle Theories. Our 1990 article, which appeared in The Journal of Economic Behavior and Organization, represented a first step in this direction. The consequences of this effort have materialized in a number of new chapters that has led de facto to a new book, in which the surviving parts have been largely revised. The 1989 book was too mathematically oriented for many Keynesians and post­ Keynesians to be fully appreciated and insufficiently microfounded for both new­ classicals and new-Keynesians to be warmly accepted, yet we received positive and encouraging comments, and it was sold out very quickly. It was an attempt to dis­ cuss dynamics in Keynesian terms, based on a double assumption that maintains its validity-that both economic facts and analytical and methodological innova­ tions had contributed to a renewed interest in business cycles, which over time has had its "ups and downs." Since then, many more articles and books have appeared, stressing in particular the role of microfoundations and of nonlinearities in shapin
出版日期Book 1992Latest edition
关键词Arbeitsmarkt; Inflation; Keynes; Konjunktur; Konjunkturzyklus; Makroökonomie; business cycle; econometrics;
版次2
doihttps://doi.org/10.1007/978-3-642-77241-2
isbn_softcover978-3-642-77243-6
isbn_ebook978-3-642-77241-2
copyrightSpringer-Verlag Berlin · Heidelberg 1992
The information of publication is updating

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发表于 2025-3-21 22:43:11 | 显示全部楼层
Regime Switching and the Wage-Price Spiralin the long run. What is needed is a model that can permit rapidly changing wages and prices in the short to medium run, but which does not lead to explosive behavior in the long run. One way of dealing with this problem is to assume a business cycle perspective and to formulate a model that permits changes in regime.
发表于 2025-3-22 04:02:38 | 显示全部楼层
Microfoundations of Labor Market Modeling1990, p. 793), “… the crises of the 1970s arose not because the wage-price mechanism was in contradiction with the facts, but because its explanation of the facts was at variance with theory. Thus the reconstruction effort has been largely theoretical.”
发表于 2025-3-22 07:50:04 | 显示全部楼层
Regime Switching and the Wage-Price Spiralin the long run. What is needed is a model that can permit rapidly changing wages and prices in the short to medium run, but which does not lead to explosive behavior in the long run. One way of dealing with this problem is to assume a business cycle perspective and to formulate a model that permits changes in regime.
发表于 2025-3-22 10:46:30 | 显示全部楼层
An Assessment role of the labor market. We have discussed the differences between these models, the role played by various specifications of the labor market, the impact of some new analytical tools of analysis, and various implications of these models.
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发表于 2025-3-22 18:26:43 | 显示全部楼层
and Business Cycle Theories. Our 1990 article, which appeared in The Journal of Economic Behavior and Organization, represented a first step in this direction. The consequences of this effort have materialized in a number of new chapters that has led de facto to a new book, in which the surviving p
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发表于 2025-3-23 04:19:40 | 显示全部楼层
Nonlinear Deterministic Theoriespossible equilibria are ones in which the state of the economy oscillates forever. Optimal growth models are examples of the first type, while the sunspot equilibrium model based upon overlapping generation models belong to the second type.
发表于 2025-3-23 06:19:35 | 显示全部楼层
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