Titlebook: Macroeconomic Theory; Volker Böhm Textbook 2017 Springer International Publishing AG 2017 Monetary macroeconomic model.Nonlinear dynamic a

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Macroeconomic Theory978-3-319-60149-6Series ISSN 2192-4333 Series E-ISSN 2192-4341

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Microeconomic Foundations,er by Patinkin (1965). The mathematical presentation here follows Grandmont (1983) which corresponds to an extension of the general finite-dimensional Arrow-Debreu economy to an infinite repetition (sequence) of trading periods of finite-dimensional economies.

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Models of Monetary Equilibrium,tions, and under different government policies. The modeling structure will be as simple as possible at the beginning and as detailed as necessary in each subsequent section to capture the main intertemporal ingredients of a monetary economy with production in order to discuss the specific economic questions posed in each section.

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