Monetary and Fiscal Dynamics (Studies in Contemporary Economics)
Carlberg, Michael
ISBN 10: 3790806196 ISBN 13: 9783790806199
Published by Physica-Verlag HD, Hamburg, 1992
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The analysis will be conducted within an IS-LM model augmen- ted by the dynamics of money wages, private capital and public debt. A macroeconomic shock induces an extended process of adjustment that is characterized by unemployment. This in turn requires a dynamic path of monetary and fiscal policy: As a response to the shock, the central bank continuouslyadapts the quantity of money so as to keep up full employment all the time. And the government continuously accommodates its purchases of goods and services. Can this be sustained? Or will public debt tend to explode, thereby driving the stock of capial down to zero?
Synopsis: A macroeconomic shock induces an extended process of adjustment that is characterized by unemployment. This in turn requires a dynamic path of monetary and fiscal policy: as a response to the shock, the central bank continuously adapts the quantity of money so as to keep up full employment all the time. And the government continuously accommodates its purchases of goods and services. Can this be sustained? This study provides an analysis of the situation, conducted within an IS-LM model augmented by the dynamics of money wages, private capital and public debt.
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Title: Monetary and Fiscal Dynamics (Studies in ...
Publisher: Physica-Verlag HD, Hamburg
Publication Date: 1992
Binding: Hardcover
Condition: Very Good
Edition: 1st Edition.
Book Type: Ex-Library
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Monetary and Fiscal Dynamics
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ISBN 10: 3790806196
ISBN 13: 9783790806199
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Kartoniert / Broschiert. Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. The analysis will be conducted within an IS-LM model augmen-ted by the dynamics of money wages, private capital andpublic debt. A macroeconomic shock induces an extendedprocess of adjustment that is characterized by unemployment.This in turn requir. Seller Inventory # 5309748
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Monetary and Fiscal Dynamics
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Taschenbuch. Condition: Neu. Monetary and Fiscal Dynamics | Michael Carlberg | Taschenbuch | Studies in Contemporary Economics | viii | Englisch | 1992 | Physica | EAN 9783790806199 | Verantwortliche Person für die EU: Physica Verlag in Springer Science + Business Media, Tiergartenstr. 15-17, 69121 Heidelberg, juergen[dot]hartmann[at]springer[dot]com | Anbieter: preigu Print on Demand. Seller Inventory # 102349300
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Monetary and Fiscal Dynamics
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Taschenbuch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -The analysis will be conducted within an IS-LM model augmented by the dynamics of money wages, private capital and public debt. A macroeconomic shock induces an extended process of adjustment that is characterized by unemployment. This in turn requires a dynamic path of monetary and fiscal policy: As a response to the shock, the central bank continuously adapts the quantity of money so as to keep up full employment all the time. And the government continuously accommodated its purchases of goods and services. Can this be sustained Or will public debt tend to explode, thereby driving the stock of capital down to zero 204 pp. Englisch. Seller Inventory # 9783790806199
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Monetary and Fiscal Dynamics
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Taschenbuch. Condition: Neu. This item is printed on demand - Print on Demand Titel. Neuware -The analysis will be conducted within an IS-LM model augmented by the dynamics of money wages, private capital andpublic debt. A macroeconomic shock induces an extendedprocess of adjustment that is characterized by unemployment.This in turn requires a dynamic path of monetary and fiscalpolicy: As a response to the shock, the central bankcontinuouslyadapts the quantity of money so as to keep upfull employment all the time. And the governmentcontinuously accommodates its purchases of goods andservices. Can this be sustained Or will public debt tend toexplode, thereby driving the stock of capial down to zero Physica Verlag, Tiergartenstr. 17, 69121 Heidelberg 204 pp. Englisch. Seller Inventory # 9783790806199
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Taschenbuch. Condition: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - The analysis will be conducted within an IS-LM model augmen-ted by the dynamics of money wages, private capital andpublic debt. A macroeconomic shock induces an extendedprocess of adjustment that is characterized by unemployment.This in turn requires a dynamic path of monetary and fiscalpolicy: As a response to the shock, the central bankcontinuouslyadapts the quantity of money so as to keep upfull employment all the time. And the governmentcontinuously accommodates its purchases of goods andservices. Can this be sustained Or will public debt tend toexplode, thereby driving the stock of capial down to zero ; The analysis will be conducted within an IS-LM model augmented by the dynamics of money wages, private capital and public debt. A macroeconomic shock induces an extended process of adjustment that is characterized by unemployment. This in turn requires a dynamic path of monetary and fiscal policy: As a response to the shock, the central bank continuously adapts the quantity of money so as to keep up full employment all the time. And the government continuously accommodated its purchases of goods and services. Can this be sustained Or will public debt tend to explode, thereby driving the stock of capital down to zero. Seller Inventory # 9783790806199
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Monetary and Fiscal Dynamics
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