Neoclassical Theory and Empirical Models of Aggregate Firm Behaviour

Language: English

Published by Springer, Springer, 2011

9401084947 / 9789401084949

Series: Book 54 of 54 - Advanced Studies in Theoretical and Applied Econometrics

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Druck auf Anfrage Neuware - Printed after ordering - I. Introduction.- 1.1 Scope and significance.- 1.2 Methodological considerations.- 1.3 An outline of the remaining chapters.- II. Some elements from the neoclassical research programme of the firm.- 2.1 Introduction.- 2.2 Keynesian theories of the firm.- 2.3 The neoclassical programme.- 2.4 An outline of the structure of the models of this study.- III. A neoclassical model of a firm subject to a putty-putty technology.- 3.1 The market- and information structure.- 3.2 The production structure.- 3.3 The full model.- 3.4 Existence of an optimal policy.- 3.5 Necessary conditions for an optimal policy.- 3.6 Approximate solutions.- 3.7 Comparison with the stock adjustment specification.- IV. Vintage technologies and the theory of the firm.- 4.1 Introduction.- 4.2 The structure of putty-clay models.- 4.3 A general putty-clay model.- V Estimation and empirical testing of the putty-putty model.- 5.1 Discrete-time adaptions.- 5.2 The construction of the expectations.- 5.3 Estimation.- 5.4 Model specification tests.- 5.5 Model characteristics.- 5.6 Trends and fluctuations.- VI. Estimation and testing of the putty-clay model.- 6.1 Discrete-time adaptions.- 6.2 Estimation.- 6.3 Model specification tests.- 6.4 Model characteristics.- 6.4.1 Stochastic stability.- 6.5 Trends and fluctuations.- VII. Summary and conclusion.- 7.1 Summary.- 7.2 Conclusion.- List of symbols.- References.- Author index.

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Bibliographic details

Title
Neoclassical Theory and Empirical Models of Aggregate Firm Behaviour
Author
D. Peter Broer
Publisher
Springer, Springer
Publication year
2011
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
9401084947
ISBN 13
9789401084949
Item weight
546 grams
Dimensions
235x155x20 mm
Series
Book 54 of 54: Advanced Studies in Theoretical and Applied Econometrics

AHA-BUCH GmbH

Einbeck, Germany

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