Originally published in 2000, 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.
Zusammenfassung
This text shows for the first time that macrodynamics can be developed and investigated systematically.
Titel
Dynamics of Keynesian Monetary Growth
Untertitel
Macro Foundations
Autor
EAN
9780511036682
Format
E-Book (pdf)
Hersteller
Digitaler Kopierschutz
Adobe-DRM
Dateigrösse
3.91 MB
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