Topics in Applied Macrodynamic Theory - Couverture souple

Flaschel, Peter

9783642091582: Topics in Applied Macrodynamic Theory

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ISBN 10 : 364209158X ISBN 13 : 9783642091582

Editeur : Springer, 2010

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This insightful book presents topics in applied dynamic macrotheory for closed and open economies. The authors give an advanced treatment of macroeconomic topics such as the Phillips curve, forward and backward looking behavior, open economy macrodynamics, structural macroeconometric model building as well as the empirics of Keynesian oriented macro models. The dynamics of open economies in the context of interacting two country models are treated as well.

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�diteurSpringer
Date d'�dition2010
ISBN 10 364209158X
ISBN 13 9783642091582
ReliureBroch�
Langueanglais
Num�ro d'�dition1
Nombre de pages532

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9783540725411: Topics in Applied Macrodynamic Theory

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ISBN 10 : 3540725415 ISBN 13 : 9783540725411
Editeur : Springer-Verlag Berlin and Heide..., 2008
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Topics in Applied Macrodynamic Theory (Dynamic Modeling and Econometrics in Economics and Finance, 10)

Flaschel, Peter; Groh, Gangolf; Proano, Christian; Semmler, Willi

Edit� par Springer, 2010

ISBN 10 : 364209158X ISBN 13 : 9783642091582

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Topics in Applied Macrodynamic Theory (Dynamic Modeling and Econometrics in Economics and Finance, 10)

Flaschel, Peter; Groh, Gangolf; Proano, Christian; Semmler, Willi

Edit� par Springer, 2010

ISBN 10 : 364209158X ISBN 13 : 9783642091582

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Topics in Applied Macrodynamic Theory

Peter Flaschel

Edit� par Springer Berlin Heidelberg Nov 2010, 2010

ISBN 10 : 364209158X ISBN 13 : 9783642091582

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Taschenbuch. Etat : Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -This insightful book presents topics in applied dynamic macrotheory for closed and open economies. The authors give an advanced treatment of macroeconomic topics such as the Phillips curve, forward and backward looking behavior, open economy macrodynamics, structural macroeconometric model building as well as the empirics of Keynesian oriented macro models. The dynamics of open economies in the context of interacting two country models are treated as well. 532 pp. Englisch. N� de r�f. du vendeur 9783642091582

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Topics in Applied Macrodynamic Theory

Peter Flaschel|Gangolf Groh|Christian Proano|Willi Semmler

Edit� par Springer Berlin Heidelberg, 2010

ISBN 10 : 364209158X ISBN 13 : 9783642091582

Neuf Couverture souple

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Etat : New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Presents advanced quantitative apporaches to dynamic macromodelingGives insight into the working and interaction of macrodynamic feedback channelsOffers theoretical, empirical and numerical treatment of small and large macromodels. N� de r�f. du vendeur 5048179

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Topics in Applied Macrodynamic Theory

Peter Flaschel

Edit� par Springer Berlin Heidelberg, 2010

ISBN 10 : 364209158X ISBN 13 : 9783642091582

Neuf Taschenbuch

Vendeur : AHA-BUCH GmbH, Einbeck, Allemagne

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Taschenbuch. Etat : Neu. Druck auf Anfrage Neuware - Printed after ordering - This book is about the study of topics in macro dynamics from an applied, empirical perspective. The modeling philosophy behind most of the chapters ofthisbookisofKeynesiannature,representinganattempttorevivethist- oreticalperspectiveontheworkingofthemacroeconomy. Themacroeconomic research pursued here is somewhat di erent from the mainstream literature using the Dynamic Stochastic General Equilibrium (DSGE) approach as the basic modeling device. The main features of the latter are the assumptions of intertemporally optimizing agents, rational expectations, competitive m- kets and price mediated market clearing through su ciently exible prices and wages. The New Keynesian approach to macroeconomics has, in the last decade or so, to a large extent, also adopted the DSGE framework, building on intertemporally optimizing agents and market clearing, but favoring more the concept of monopolistic competition, sticky wages and prices and nominal as well as real rigidities. An path breaking work of this type is the recent book by Woodford (2003). However, it is well known that the intertemporal approach of smoothly optimizing agents and fast adjustments in order to establish temporal or - tertemporal marginal conditions in the product market, labor and capital markets, has not been very successful to match certain stylized facts on those markets. A further de ciency of those intertemporal decision models is that macroeconomic feedback e ects-and their stabilizing or destabilizing impact on the macroeconomy-have rarely been considered in those models. Yet, those feedback mechanisms, relevant for the interaction of all three markets, have been theoretically and empirically explored since the 1930s. N� de r�f. du vendeur 9783642091582

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