书目名称 | Macroeconomic Theory |
编辑 | Volker Böhm |
视频video | |
概述 | Presents a unique approach to macroeconomic theory based on microeconomic foundations, general equilibrium theory, and dynamic analysis of fiscal and monetary policies.Provides a synthesis of equilibr |
丛书名称 | Springer Texts in Business and Economics |
图书封面 |  |
描述 | .This textbook offers a unique approach to macroeconomic theory built on microeconomic foundations of monetary macroeconomics within a unified framework of an intertemporal general equilibrium model extended to a sequential and dynamic analysis. It investigates the implications of expectations and of stationary fiscal policies on allocations, on the quantity of money, and on the dynamic evolution of the economy with and without noise. The text contrasts and compares the two main competing approaches in macroeconomics within the same intertemporal model of a closed monetary economy: the one postulating full price flexibility to guarantee equilibrium in all markets at all times under perfect foresight or rational expectations, versus the so called disequilibrium approach where trading occurs at non- market-clearing prices and wages when these adjust sluggishly from period to period in response to market disequilibrium signals.. |
出版日期 | Textbook 2017 |
关键词 | Monetary macroeconomic model; Nonlinear dynamic analysis; Stochastic analysis; Adaptive dynamics; Ration |
版次 | 1 |
doi | https://doi.org/10.1007/978-3-319-60149-6 |
isbn_softcover | 978-3-319-86790-8 |
isbn_ebook | 978-3-319-60149-6Series ISSN 2192-4333 Series E-ISSN 2192-4341 |
issn_series | 2192-4333 |
copyright | Springer International Publishing AG 2017 |