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Business Cycle Models with Indeterminacy 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2024

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Weder, Mark 作者

Springer Verlag

譯者

出版日期

179 頁數

$ 79.04 價格

Pap

叢書系列

9783790810783 圖書編碼

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發表於2024-11-24

Business Cycle Models with Indeterminacy 在線電子書 epub 下載 mobi 下載 pdf 下載 txt 下載 2024

Business Cycle Models with Indeterminacy 在線電子書 epub 下載 pdf 下載 mobi 下載 txt 下載 2024

Business Cycle Models with Indeterminacy 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2024

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Business Cycle Models with Indeterminacy 在線電子書 pdf 下載 txt下載 epub 下載 mobi 在線電子書下載

Business Cycle Models with Indeterminacy 在線電子書圖書描述

Three original models which explain business cycles as a result of self-fulfilling expectations are presented. The models are founded on the structure of dynamic general equilibrium theory. Market power and increasing returns to scale are introduced which allow indeterminancy of the Rational Expectations equilibria to be obtained. Unlike the majority of existing literature on this subject, the departures from perfect markets and constant returns presented in these models are very low and, more importantly, at a realistic level to achieve the respective results. It is demonstrated in all of the presented models that stylized facts of the business cycle can be reproduced.

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