Items related to Imperfect Competition, Differential Information and...
Synopsis
This volume links a microeconomic model of imperfectly informed firms in monopolistic competition to a general theory of wage and price setting in a macroeconomic model. The analysis is based on profit maximization and rational behaviour and is thus in line with the newly-emerged New Keynesian approach in its emphasis on the microeconomic foundation of macroeconomics. The volume goes on to explain four stylized facts in macroeconomics: nominal rigidity, real rigidity, cost-oriented prices and widespread lack of indexation in an inflationary environment, presented in a New Keynesian framework. The analysis also provides new insight into the role of competition in an economy with imperfectly and differentially informed firms. It shows that increased competition may increase nominal as well as real price rigidity and increased volatility of investment.
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Imperfect Competition, Differential Information, and Microfoundations of Macroeconomics
Seller: Ammareal, Morangis, France
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No jacket. Condition: Très bon. Ancien livre de bibliothèque avec équipements. Sans jaquette. Couverture différente. Edition 1992. Ammareal reverse jusqu'à 15% du prix net de cet article à des organisations caritatives. ENGLISH DESCRIPTION Book Condition: Used, Very good. Former library book. No dust jacket. Different cover. Edition 1992. Ammareal gives back up to 15% of this item's net price to charity organizations. Seller Inventory # H-382-681
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Imperfect competition, differential information, and microfoundations of macroeconomics. Ex-Library.
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Clarendon Press, Oxford University Press, Oxford, UK., 1992
ISBN 10: 0198286171
ISBN 13: 9780198286172
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Hardcover
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Hardcover. Condition: Good. viii, 231 p. Ex-Library. Seller Inventory # GU1615
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Imperfect Competition, Differential Information, and Microfoundations of Macroeconomics
Seller: Studibuch, Stuttgart, Germany
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hardcover. Condition: Befriedigend. 240 Seiten; 9780198286172.4 Gewicht in Gramm: 1. Seller Inventory # 1491915
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Imperfect Competition, Differential Information, and Microfoundations of Macroeconomics
Published by
Oxford University Press, 1992
ISBN 10: 0198286171
ISBN 13: 9780198286172
Used
Hardcover
Seller: Mispah books, Redhill, SURRE, United Kingdom
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Hardcover. Condition: Very Good. Very Good. Dust Jacket may NOT BE INCLUDED.CDs may be missing. SHIPS FROM MULTIPLE LOCATIONS. book. Seller Inventory # ERICA82901982861713
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Imperfect Competition, Differential Information, and Microfoundations of Macroeconomics Kiyohiko Nishimura
Seller: BUCHSERVICE / ANTIQUARIAT Lars Lutzer, Wahlstedt, Germany
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Condition: gut. 1992. Imperfect Competition, Differential Information, and Microfoundations of Macroeconomics In englischer Sprache. pages. Seller Inventory # BN457517