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Topics in Applied Macrodynamic Theory
Flaschel, Peter; Groh, Gangolf; Proano, Christian; Semmler, Willi
€ 196.43
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Description for Topics in Applied Macrodynamic Theory
Paperback. Series: Dynamic Modeling and Econometrics in Economics and Finance. Num Pages: 532 pages, 94 black & white illustrations, 26 black & white tables, biography. BIC Classification: KCA. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 27. Weight in Grams: 807.
This book is about the study of topics in macro dynamics from an applied, empirical perspective. The modeling philosophy behind most of the chapters ofthisbookisofKeynesiannature,representinganattempttorevivethist- oreticalperspectiveontheworkingofthemacroeconomy. Themacroeconomic research pursued here is somewhat di?erent from the mainstream literature using the Dynamic Stochastic General Equilibrium (DSGE) approach as the basic modeling device. The main features of the latter are the assumptions of intertemporally optimizing agents, rational expectations, competitive m- kets and price mediated market clearing through su?ciently ?exible prices and wages. The New Keynesian approach to macroeconomics has, in the last decade or so, to a large extent, also adopted the DSGE ... Read more
This book is about the study of topics in macro dynamics from an applied, empirical perspective. The modeling philosophy behind most of the chapters ofthisbookisofKeynesiannature,representinganattempttorevivethist- oreticalperspectiveontheworkingofthemacroeconomy. Themacroeconomic research pursued here is somewhat di?erent from the mainstream literature using the Dynamic Stochastic General Equilibrium (DSGE) approach as the basic modeling device. The main features of the latter are the assumptions of intertemporally optimizing agents, rational expectations, competitive m- kets and price mediated market clearing through su?ciently ?exible prices and wages. The New Keynesian approach to macroeconomics has, in the last decade or so, to a large extent, also adopted the DSGE ... Read more
Product Details
Format
Paperback
Publication date
2010
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
532
Condition
New
Series
Dynamic Modeling and Econometrics in Economics and Finance
Number of Pages
512
Place of Publication
Berlin, Germany
ISBN
9783642091582
SKU
V9783642091582
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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