Quantitative and Empirical Analysis of Nonlinear Dynamics Macromodels

Quantitative and Empirical Analysis of Nonlinear Dynamics Macromodels

4.11 - 1251 ratings - Source

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 microeconomicsgiven by solving (o=fa#39;(F) f=f(F) V:, a€ž=y, m/fagt;0, Vof = -yyaf/(f)2agt;0 (7.38) where yza€ž, a€” ya#39;(em), igAl a€” ia#39;(sm), rrm = dr/dem, rm a€” dr/dm etc. ... K = real-capital stock, I a€” K a€” real-net investment, G a€” real government expenditure, T a€” real tax, sm a€” investment climate, r a€” nominal ... per capital, M = nominal money supply, p = price level, p a€” net rate of profit, co = w / a#39;p a€” real-wage rate, w a€” nominal wage rate, anbsp;...

Title:Quantitative and Empirical Analysis of Nonlinear Dynamics Macromodels
Author: Carl Chiarella
Publisher:Emerald Group Publishing - 2006

You must register with us as either a Registered User before you can Download this Book. You'll be greeted by a simple sign-up page.

Once you have finished the sign-up process, you will be redirected to your download Book page.

How it works:
  • 1. Register a free 1 month Trial Account.
  • 2. Download as many books as you like (Personal use)
  • 3. Cancel the membership at any time if not satisfied.

Click button below to register and download Ebook
Privacy Policy | Contact | DMCA