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Monetary Policy and the German Unemployment Problem in Macroeconomic Models
Jan Gottschalk
€ 133.73
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Description for Monetary Policy and the German Unemployment Problem in Macroeconomic Models
Hardback. Series: Kieler Studien - Kiel Studies. Num Pages: 288 pages, 17 black & white tables, biography. BIC Classification: KCB; KCF. Category: (P) Professional & Vocational. Dimension: 235 x 155 x 19. Weight in Grams: 617.
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 modeling techniques inspired by new classical economics and real business cycle theory. It also probes in which direction models may be extended from here. Empirically, the book uses different econometric techniques to investigate the relevance and implications of different macroeconomic theories for German data. A key question this book investigates is the role of demand and ... Read more
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 modeling techniques inspired by new classical economics and real business cycle theory. It also probes in which direction models may be extended from here. Empirically, the book uses different econometric techniques to investigate the relevance and implications of different macroeconomic theories for German data. A key question this book investigates is the role of demand and ... Read more
Product Details
Format
Hardback
Publication date
2005
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
288
Condition
New
Series
Kieler Studien - Kiel Studies
Number of Pages
288
Place of Publication
Berlin, Germany
ISBN
9783540256502
SKU
V9783540256502
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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