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Estimating how the macroeconomy works /

Macroeconomics tries to describe and explain the economywide movement of prices, output, and unemployment. The field has been sharply divided among various schools, including Keynesian, monetarist, new classical, and others. It has also been split between theorists and empiricists. Ray Fair is a res...

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Détails bibliographiques
Cote:Libro Electrónico
Auteur principal: Fair, Ray C.
Format: Électronique eBook
Langue:Inglés
Publié: Cambridge, Mass : Harvard University Press, 2004.
Sujets:
Accès en ligne:Texto completo
Table des matières:
  • Frontmatter
  • Contents
  • Tables
  • Figures
  • Preface
  • Abbreviations
  • 1 Introduction
  • 2 The MC Model
  • 3 Interest Rate Effects
  • 4 Testing the NAIRU Model
  • 5 U.S. Wealth Effects
  • 6 Testing for a New Economy in the 1990s
  • 7 A "Modern" View of Macroeconomics
  • 8 Estimated European Inflation Costs
  • 9 Stochastic Simulation and Bootstrapping
  • 10 Certainty Equivalence
  • 11 Evaluating Policy Rules
  • 12 EMU Stabilization Costs
  • 13 RE Models
  • 14 Model Comparisons
  • 15 Conclusion
  • Appendix A The US Model
  • Appendix B The ROW Model
  • References
  • Index