Long-run Growth and Short-run Stabilization
Language: English
Published by Edward Elgar Publishing Ltd, GB, 2006
- Hardcover
- New
Seller: Rarewaves.com UK, London, United KingdomRarewaves.com UK
AbeBooks seller since June 11, 2025
Condition: New
£ 190.23
Quantity: 2 available
Add to basketItem description from seller
There is much confusion in the economics literature on wage determination and the employment-inflation trade-off. Few model builders pay as much careful attention to the definition and meaning of long-run concepts as did Albert Ando. Expanding on years of painstaking work by Ando, the contributors elaborate on the main issues of economic analysis and policies that concerned him.Some of the issues discussed include long-run properties of dynamic econometric models, demographic issues of modern times, stabilization policies - especially for Japan - and interaction between monetary and real economy issues, as well as life-cycle behavior patterns, and the appropriate role of the Phillips Curve and the determination of prices.Paying close attention to the concepts and properties of models, Long-run Growth and Short Run Stabilization is for those interested in the macroeconomics of the US, Italy, and Japan. Scholars of aggregative dynamic models based on realistic reasoning will benefit from the information imparted, as will policymakers who want to understand the functioning of the modern economy.…
Seller Inventory # LU-9781843766438
- Title
- Long-run Growth and Short-run Stabilization
- Author
- Lawrence R. Klein
- Publisher
- Edward Elgar Publishing Ltd, GB
- Publication year
- 2006
- Condition
- New
- Binding
- Hardback
- Language
- English
- ISBN 10
- 1843766434
- ISBN 13
- 9781843766438
Some of the issues discussed include long-run properties of dynamic econometric models, demographic issues of modern times, stabilization policies - especially for Japan - and interaction between monetary and real economy issues, as well as life-cycle behavior patterns, and the appropriate role of the Phillips Curve and the determination of prices.
Paying close attention to the concepts and properties of models, Long-run Growth and Short Run Stabilization is for those interested in the macroeconomics of the US, Italy, and Japan. Scholars of aggregative dynamic models based on realistic reasoning will benefit from the information imparted, as will policymakers who want to understand the functioning of the modern economy.
"Synopsis" may belong to another edition of this title.
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"About the title" may belong to another edition of this title.
Rarewaves.com UK
London, United Kingdom
AbeBooks seller since June 11, 2025
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