The Dynamics of Keynesian Monetary Growth

Name: The Dynamics of Keynesian Monetary Growth
SKU: 2160814
Price: 296.99 AUD
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Macro Foundations

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Description

This book is in the tradition of non-market-clearing approaches to macrodynamic approaches. It builds a series of integrated disequilibrium growth models of increasing complexity, which display the economic interaction between households, firms and government across labour, goods, money, bonds and equities markets. Chiarella and Flaschel demonstrate how macrodynamics can be developed in a hierarchical way from economically simple structures to more advanced ones. In addition it investigates complex macrodynamic feedback mechanisms. The book is organised into seven chapters. Chapter 1 discusses traditional macrodynamic model buidling. Chapters 2-4 show how Keynesian disequilibrium growth can be obtained from Tobin and Keynes-Wicksell monetary growth models. Chapter 5 treats the cases of substitution in production, and Chapter 6 provides the working model of the book. Chapter 7 discusses further extensions and gives an outlook on future work.

Release date Australia

August 3rd, 2000

Author

Audience

Professional & Vocational

Pages

434

Dimensions

152x229x24

ISBN-13

9780521643511

Product ID

2160814

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