Foundations for a Disequilibrium Theory of the Business Cycle 在线电子书 pdf 下载 txt下载 epub 下载 mobi 下载 2024

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Carl Chiarella 作者

Cambridge University Press

译者

2005-10-27 出版日期

550 页数

GBP 103.00 价格

Hardcover

丛书系列

9780521850254 图书编码

Foundations for a Disequilibrium Theory of the Business Cycle 在线电子书图书标签: 经济学宏观经济学

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Foundations for a Disequilibrium Theory of the Business Cycle 在线电子书 epub 下载 mobi 下载 pdf 下载 txt 下载 2024

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Foundations for a Disequilibrium Theory of the Business Cycle 在线电子书 pdf 下载 txt下载 epub 下载 mobi 在线电子书下载

Foundations for a Disequilibrium Theory of the Business Cycle 在线电子书图书描述

Building on The Dynamics of Keynesian Monetary Growth by Chiarella and Flaschel (2000), this 2005 book is a key contribution to business cycle theory, setting out a disequilibrium approach with gradual adjustments of the key macroeconomic variables. Its analytic study of a deterministic model of economic activity, inflation and income distribution integrates elements in the tradition of Keynes, Metzler and Goodwin (KMG). After a qualitative analysis of the basic feedback mechanisms, the authors calibrate the KMG model to the stylized facts of the business cycle in the U.S. economy, and then undertake a detailed numerical investigation of the local and global dynamics generated by the model. Finally, topical issues in monetary policy are studied in small macromodels as well as for the KMG model by incorporating an estimated Taylor-type interest rate reaction function. The stability features of this enhanced model are also compared to those of the original KMG model.

Foundations for a Disequilibrium Theory of the Business Cycle 在线电子书下载 mobi epub pdf txt 在线电子书下载

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