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Foundations for a disequilibrium theory of the business cycle : qualitative analysis and quantitative assessment /
"Building on The Dynamics of Keynesian Monetary Growth by Chiarella and Flaschel (2000), this 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 ec...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Otros Autores: | , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Cambridge, UK ; New York :
Cambridge University Press,
2005.
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| Temas: | |
| Acceso en línea: | Texto completo |
MARC
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| 100 | 1 | |a Chiarella, Carl. | |
| 245 | 1 | 0 | |a Foundations for a disequilibrium theory of the business cycle : |b qualitative analysis and quantitative assessment / |c Carl Chiarella, Peter Flaschel, Reiner Franke. |
| 260 | |a Cambridge, UK ; |a New York : |b Cambridge University Press, |c 2005. | ||
| 300 | |a 1 online resource (xxv, 521 pages) : |b illustrations | ||
| 336 | |a text |b txt |2 rdacontent | ||
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| 504 | |a Includes bibliographical references (pages 505-513) and index. | ||
| 588 | 0 | |a Print version record. | |
| 505 | 0 | 0 | |t Foreword / |r J. Barkley Rosser, Jr. -- |g 1. |t Competing approaches to Keynesian macrodynamics -- |g 2. |t AS-AD growth theory : a complete analysis of the textbook model -- |g 3. |t Disequilibrium growth : the point of departure -- |g 4. |t The Keynes-Metzler-Goodwin model -- |g 5. |t Calibration of three wage-price modules -- |g 6. |t Calibration of the full KMG model -- |g 7. |t Subsystems and sensitivity analysis of the KMG model -- |g 8. |t The Taylor rule in small macromodels -- |g 9. |t Incorporating the Taylor rule into KMG. |
| 520 | 1 | |a "Building on The Dynamics of Keynesian Monetary Growth by Chiarella and Flaschel (2000), this 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. 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 US economy, and then undertake a detailed numerical investigation of the local and global dynamics generated by the model. | |
| 520 | 8 | |a 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."--Jacket | |
| 590 | |a eBooks on EBSCOhost |b EBSCO eBook Subscription Academic Collection - Worldwide | ||
| 650 | 0 | |a Business cycles |x Econometric models. | |
| 650 | 0 | |a Equilibrium (Economics) | |
| 650 | 6 | |a Cycles économiques |x Modèles économétriques. | |
| 650 | 7 | |a POLITICAL SCIENCE |x Economic Conditions. |2 bisacsh | |
| 650 | 7 | |a BUSINESS & ECONOMICS |x Economics |x Macroeconomics. |2 bisacsh | |
| 650 | 7 | |a Business cycles |x Econometric models |2 fast | |
| 650 | 7 | |a Equilibrium (Economics) |2 fast | |
| 700 | 1 | |a Flaschel, Peter, |d 1943- | |
| 700 | 1 | |a Franke, Reiner. | |
| 776 | 0 | 8 | |i Print version: |a Chiarella, Carl. |t Foundations for a disequilibrium theory of the business cycle. |d Cambridge, UK ; New York : Cambridge University Press, 2005 |z 0521850258 |w (OCoLC)61176545 |
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