Wendy Carlin, David Soskice

Macroeconomics: Institutions, Instability, and the Financial System

• Broschiertes Buch

Produktbeschreibung

Carlin and Soskice integrate the financial system with a model of the macro-economy. In doing this, they take account of the gaps in the mainstream model exposed by the financial crisis and the Eurozone crisis. This equips the reader with a realistic modelling framework to analyse the economy both in crisis times and in periods of stability.

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Produktdetails

• Verlag: Oxford University Press
• Seitenzahl: 680
• Erscheinungstermin: 20. November 2014
• Englisch
• Abmessung: 246mm x 187mm x 30mm
• Gewicht: 1280g
• ISBN-13: 9780199655793
• ISBN-10: 0199655790
• Artikelnr.: 42374274

Autorenporträt

Wendy Carlin is Professor of Economics at University College London and Research Fellow of the Centre for Economic Policy Research. David Soskice, FBA, is School Professor of Political Science and Economics at The London School of Economics and Political Science.

Inhaltsangabe

1: The demand side
2: The supply side
3: The 3-equation model and macroeconomic policy
4: Expectations
5: Money, banking and the macro-economy
6: The financial sector and crises
7: The global financial crisis: applying the models
8: Growth, fluctuations and innovation
9: The 3-equation model in the open economy
10: The open economy: the demand and supply sides
11: Extending the open economy model: oil shocks and imbalances
12: The Eurozone
13: Monetary policy
14: Fiscal policy
15: Supply-side policy, institutions and unemployment
16: Real Business Cycle and New Keynesian models