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A Study in Monetary Macroeconomics
Stefan Homburg
€ 103.64
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Description for A Study in Monetary Macroeconomics
hardcover. The financial crisis of 2007 and the following recession present a major challenge to macroeconomic theory. This text refines and improves mainstream approaches to contribute to a better understanding of the monetary and fiscal policies that have been complicated by low-interest rates and super-expansive monetary policies. Num Pages: 224 pages. BIC Classification: KCB; KCBM; KCX. Dimension: 234 x 153. .
The financial crisis of 2007 and the following recession present a major challenge to macroeconomic theory. The same holds true for exceptionally low interest rates during the recent years and for the puzzle that super-expansive monetary policies failed to produce high inflation. Approaches that focus on steady states, rational expectations, and individuals planning over infinite horizons, are not suitable for analysing such abnormal situations. A Study in Monetary Macroeconomics refines and improves mainstream approaches to resolve these puzzles and to contribute to a better understanding of monetary and fiscal policies. Using a rich institutional structure that includes features such ... Read more
The financial crisis of 2007 and the following recession present a major challenge to macroeconomic theory. The same holds true for exceptionally low interest rates during the recent years and for the puzzle that super-expansive monetary policies failed to produce high inflation. Approaches that focus on steady states, rational expectations, and individuals planning over infinite horizons, are not suitable for analysing such abnormal situations. A Study in Monetary Macroeconomics refines and improves mainstream approaches to resolve these puzzles and to contribute to a better understanding of monetary and fiscal policies. Using a rich institutional structure that includes features such ... Read more
Product Details
Format
Hardback
Publication date
2017
Publisher
OUP Oxford United Kingdom
Number of pages
224
Condition
New
Number of Pages
224
Place of Publication
Oxford, United Kingdom
ISBN
9780198807537
SKU
V9780198807537
Shipping Time
Usually ships in 5 to 9 working days
Ref
99-7
About Stefan Homburg
Stefan Homburg is the Director of the Institute of Public Finance at Leibniz University Hannover, where he also a professor. He has previously held professorships at Bonn University and Magdeburg University as well as acting as a member of the Advisory Council at the Federal Ministry of Finance and the Federal Constitutional Commission.
Reviews for A Study in Monetary Macroeconomics
A concise treatise on modern macroeconomics that would work well as a text for advanced undergraduates or first-year graduate students in economics... An especially nice feature is that the computer code for the basic model is included in an appendix so that instructors and students may modify the code as they work through the material.
L.D.Johnston (College of St. ... Read more
L.D.Johnston (College of St. ... Read more