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Quantitative And Empirical Analysis Of Nonlinear Dynamic Macromodels PDF

563 Pages·2006·6.019 MB·English
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by Chiarella C. (ed.), Franke R. (ed.), Flaschel P. (ed.)| 2006| 563 pages| 6.019| English

About Quantitative And Empirical Analysis Of Nonlinear Dynamic Macromodels

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.

Detailed Information

Author:Chiarella C. (ed.), Franke R. (ed.), Flaschel P. (ed.)
Publication Year:2006
Pages:563
Language:English
File Size:6.019
Format:PDF
Price:FREE
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