This book represents an ongoing research agenda the aim of which is to contribute to the Keynesian paradigm in macroeconomics. It examines the Dynamic General Equilibrium (DGE) model, the assumption of intertemporal optimizing behavior of economic agents, competitive markets and price mediated market clearing through flexible wages and prices. Editor(s): Chiarella, Carl; Franke, Reiner; Flaschel, Peter; Semmler, Willi. Series: Contributions to Economic Analysis. Num Pages: 564 pages, Illustrations. BIC Classification: KCB. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 31. Weight in Grams: 963. . 2006. Hardback. . . . .

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D�tails bibliographiques

Titre

Quantitative and Empirical Analysis of Nonlinear Dynamic Macromodels

�diteur

Emerald Group Publishing Limited

Date de parution

2006

Langue

anglais

ISBN � 10 chiffres

0444521224

ISBN � 13 chiffres

9780444521224

Reliure

Couverture rigide

�tat de l'article

New

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Synopsis

This book represents an ongoing research agenda the aim of which is to contribute to the Keynesian paradigm in macroeconomics. A currently dominant research strategy in macroeconomics is based on the Dynamic General Equilibrium (DGE) model. Its essential features are the assumption of intertemporal optimizing behavior of economic agents, competitive markets and price mediated market clearing through flexible wages and prices. Contributions to Economic Analysis was established in 1952. The series purpose is to stimulate the international exchange of scientific information. The series includes books from all areas of macroeconomics and microeconomics.

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