Carl Chiarella, Peter Flaschel, Reiner Franke

Foundations for a Disequilibrium Theory of the Business Cycle

Qualitative Analysis and Quantitative Assessment

• Gebundenes Buch

Produktbeschreibung

This book presents a dynamic model of the macroeconomy that will appeal both to theorists and economic policy-makers.

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Produktdetails

• Verlag: Cambridge University Press
• Seitenzahl: 550
• Erscheinungstermin: 28. November 2005
• Englisch
• Abmessung: 231mm x 155mm x 38mm
• Gewicht: 998g
• ISBN-13: 9780521850254
• ISBN-10: 0521850258
• Artikelnr.: 21596194

Autorenporträt

Carl Chiarella is Professor of Quantitative Finance in the School of Finance and Economics at the University of Technology, Sydney.

Inhaltsangabe

Figures
Tables
Notation
Foreword J. Barkley Rosser, Jr
Preface
1. Competing approaches to Keynesian macrodynamics
Part I. Textbook Approaches: 2. AS-AD growth theory: a complete analysis of the textbook model
3. Disequilibrium growth: the point of departure
Part II. Analytical Framework. Theory and Evidence: 4. The Keynes-Metzler-Goodwin model
5. Calibration of three wage-price modules
6. Calibration of the full KMG model
7. Subsystems and sensitivity analysis of the KMG model
Part III. Monetary Policy: 8. The Taylor Rule in small macro models
9. Incorporating the Taylor Rule into KMG
References.