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Item Details
| Title:
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DYNAMIC MACROECONOMICS
INSTABILITY, FLUCTUATIONS AND GROWTH IN MONETARY ECONOMIES |
| By: |
Peter Flaschel, Reiner Franke, Willi Semmler |
| Format: |
Hardback |
| List price:
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£62.00 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
0262061910 |
| ISBN 13: |
9780262061919 |
| Publisher: |
MIT PRESS LTD |
| Pub. date: |
25 June, 1997 |
| Series: |
Studies in Dynamical Economic Science |
| Pages: |
469 |
| Description: |
An attempt to revitalize the traditions of nonmarket clearing approaches to macroeconomics. Using tools from dynamic analysis, the text introduces a consistent, integrated framework for disequilibrium macroeconomic dynamics and explore its relationship to the competing equilibrium dynamics. |
| Synopsis: |
Dynamic Macroeconomics is an attempt to revitalize the traditions of nonmarket clearing approaches to macroeconomics. Using sophisticated tools from dynamic analysis, the authors introduce a consistent, integrated framework for disequilibrium macroeconomic dynamics and explore its relationship to the competing--and currently dominant--equilibrium dynamics.The book is organized into five parts. Part I covers background models of market-clearing and nonmarket-clearing approaches. Part II introduces short-run monetary models of macroeconomic fluctuations that build on the dynamic interaction of product, labor, and financial markets. Part III explores monetary instability in variants with capital accumulation and growth. Part IV explores supply and demand side Keynesian business cycles and monetary-type growth models. Part V considers the role of the financial sector as a source of instability and fluctuations. |
| Illustrations: |
61 |
| Publication: |
US |
| Imprint: |
MIT Press |
| Returns: |
Returnable |
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