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Titlebook: Market Behaviour and Macroeconomic Modelling; Steven Brakman (Associate Professor),Hans Ees (Pro Book 1998 Palgrave Macmillan, a division

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A Critical Assessment of the Role of Imperfect Competition in Macroeconomics, where the emphasis is on Keynesian type short-run movements in output, and in the growth literature, where long run properties of the economy are analyzed. These models involve firms having market power whereby a firm can profitably set price above marginal cost. Although these models have improve
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An International Comparative Analysis of the State of Competitione world. Motivated by the structural problems of stagflation in the 1970s, the deteriorating situation of public finance and the persistently high level of unemployment, it was increasingly recognized that ‘open and efficient markets for goods and services, exposed to domestic and international comp
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Sticky Consumption and Rigid Wagesnd commodity price shocks.. If workers resist the negative impact on the real wage, an import price shock will cause a rise in unemployment. In their influential book on unemployment, Layard, Nickell and Jackman (1991, p. 31) explain the existence and consequences of real wage resistance in the foll
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Short-run Rigidities and Long-run Equilibrium in Large-scale Macroeconometric Modelsomy, especially in respect of the functioning—or malfunctioning— of labour markets, and a corresponding reduction of emphasis on demand management policies. Indeed, to stimulate demand would be seen as an inappropriate response to ‘structural’ unemployment, causing inflation to rise instead. This is
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High and Low-Skilled Labour in a Macroeconometric Model of the Netherlandsresult of a research effort with two major objectives. The first one is to build a model that is suitable for short, medium and long-term analyses. The rationale behind this goal is that many current policies and policy proposals are aimed at improving the structure of the economy. Thus, these polic
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Ate Nieuwenhuisysik zu erleichtern wurde folgende Darstellung gewählt: Jedes Kapitel beginnt mit einem knappen Abriß der historischen Entwicklung und einer Darstellung der Anwendung in der Medizin. Daran schließt sich jeweils eine wissenschaftlich systematische Stoffrepräsentation an. Als Hilfe beim Lernen, zur Re
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