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Monetary Policy and the German Unemployment Problem in Macroeconomic Models Theory and Evidence /
Having the high unemployment in Germany in mind, this book discusses how macroeconomic theory has evolved over the past forty years. It shows that in recent years a convergence has taken place, with modern models embodying a Keynesian transmission mechanism, monetarist policy implication, and modeli...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Berlin, Heidelberg :
Springer Berlin Heidelberg : Imprint: Springer,
2005.
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| Edición: | 1st ed. 2005. |
| Colección: | Kieler Studien - Kiel Studies ;
334 |
| Temas: | |
| Acceso en línea: | Texto Completo |
Tabla de Contenidos:
- Keynesian and Monetarist Views on the German Unemployment Problem
- The Rational Expectations Revolution
- Monetary Policy in the New Keynesian Model
- Introducing Nonlinearities into the New Keynesian Model
- Revisiting the Natural Rate Hypothesis
- Concluding Remarks.