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The book presents a disequilibrium approach to employment, inflation and growth in modern macroeconomics. It integrates markets of products and money, and labor markets into a consistent macrodynamic framework which contains a complete set of agents and markets. The framework allows to establish and evaluate links to other approaches to macroeconomic analysis, in particular Walrasian, Non-Walrasian and New-Keynesian as well as to modern macroeconometric model building. Important issues such as endogenous growth, labor market dynamics and state or history dependent unemployment, Phillips curves, monetary policy rules and debt deflation are also discussed. The book is a useful reference for all researchers, academic teachers and practitioners of macroeconomic and macroeconometric model building who are interested in macroeconomic dynamics, independently of whether they use equilibrium or disequilibrium methods in their own work.
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- PublisherSpringer
- Publication date2011
- ISBN 10 3642084435
- ISBN 13 9783642084430
- BindingPaperback
- Number of pages490
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Disequilibrium, Growth and Labor Market Dynamics: Macro Perspectives by Chiarella, Carl, Flaschel, Peter, Groh, Gangolf, Semmler, Willi [Paperback ]
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Disequilibrium, Growth and Labor Market Dynamics: Macro Perspectives
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Disequilibrium; Growth and Labor Market Dynamics : Macro Perspectives
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Disequilibrium, Growth and Labor Market Dynamics
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(2011)
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Book Description Taschenbuch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -In this book on disequilibrium, growth and labor market dynamics we take predominantly a macroeconomic perspective. We present a working model that can easily be varied in different directions in order to subsume innovations in the literature on macroeconomics, old and new, and to contribute to important currently discussed macroeconomic issues. Our working model is set up in a way that there is a close relationship between our presented dynamic models and modern macro econometric models with disequilibrium both in the labor and the goods markets. One of our objectives is, therefore, to narrow the gap between theoretical and applied structural macrodynamic model building. We hope that the book will be a useful reference for all researchers, academic teachers and practitioners of macroeconomic and macro econometric model building who are interested in economic dynamics, independently of whether they use equilibrium or disequilibrium methods in their own research. We base this hope on the fact that our approach contains a number of unique features. The emphasis on the identification and analysis of the basic feedback mechanisms at work in modern macro economies. A detailed study of the partial as well as integrated dynamic interaction between these feedback mechanisms that consti tute the interdependence of markets and sectors of the modern macro economy. The rela tionship between the macroeconomic framework of our working model and the Walrasian, Non-Walrasian and New-Keynesian reformulations of macroeconomics. 496 pp. Englisch. Seller Inventory # 9783642084430
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Disequilibrium, Growth and Labor Market Dynamics
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Disequilibrium, Growth and Labor Market Dynamics
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Book Description Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. The book presents a disequilibrium approach to employment, inflation and growth in modern macroeconomicsIn this book on disequilibrium, growth and labor market dynamics we take predominantly a macroeconomic perspective. We present a working model that c. Seller Inventory # 5047484
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Disequilibrium, Growth and Labor Market Dynamics: Macro Perspectives
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Book Description Paperback. Condition: Brand New. 2000 edition. 490 pages. 9.25x6.10x1.11 inches. In Stock. Seller Inventory # x-3642084435
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Disequilibrium, Growth and Labor Market Dynamics : Macro Perspectives
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Springer Berlin Heidelberg
(2011)
ISBN 10: 3642084435
ISBN 13: 9783642084430
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Book Description Taschenbuch. Condition: Neu. Druck auf Anfrage Neuware - Printed after ordering - In this book on disequilibrium, growth and labor market dynamics we take predominantly a macroeconomic perspective. We present a working model that can easily be varied in different directions in order to subsume innovations in the literature on macroeconomics, old and new, and to contribute to important currently discussed macroeconomic issues. Our working model is set up in a way that there is a close relationship between our presented dynamic models and modern macro econometric models with disequilibrium both in the labor and the goods markets. One of our objectives is, therefore, to narrow the gap between theoretical and applied structural macrodynamic model building. We hope that the book will be a useful reference for all researchers, academic teachers and practitioners of macroeconomic and macro econometric model building who are interested in economic dynamics, independently of whether they use equilibrium or disequilibrium methods in their own research. We base this hope on the fact that our approach contains a number of unique features. The emphasis on the identification and analysis of the basic feedback mechanisms at work in modern macro economies. A detailed study of the partial as well as integrated dynamic interaction between these feedback mechanisms that consti tute the interdependence of markets and sectors of the modern macro economy. The rela tionship between the macroeconomic framework of our working model and the Walrasian, Non-Walrasian and New-Keynesian reformulations of macroeconomics. Seller Inventory # 9783642084430
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