【资料名称】：Endogenous Market Structures and the Macroeconomy
【资料作者】：Federico Etro
【出版社】： Springer
【简介及目录】：

Product Details

• Hardcover: 346 pages
• Publisher: ; 1 edition (July 6, 2009)
• Language: English
• ISBN-10: 3540874267

Product Description
Endogenous Market Structures and the Macroeconomy introducesstrategicinteractions and endogenous entry to study business cycles,trade andgrowth. Going beyond the neoclassical approach, the EMSsapproachprovides new insights on macroeconomic policy, trade policyand R&Dpolicy. Thebook discusses related empirical evidence andapplications to issues ofbusiness creation, innovation and leadershipin the New Economy, and itanalyzes macroeconomic mechanisms andpolicymaking in the current crisis.

The book introduces a new approach to macroeconomics based onendogenousmarket structures (EMSs), with a close focus on businesscycles,international trade and policy and growth. Chapter 1 reviewsthestandard neoclassical approach to macroeconomics. Chapter 2 extendsitto EMSs with strategic interactions and endogenous entry offirms.Chapter 3 introduces EMSs in a model of the business cycle, showsthatthey allow us to outperform RBC models in explaining thecyclicalvariability of US data, and studies fiscal and monetary policy.Chapter4 introduces EMSs in international trade, applies them to adynamicframework and derives implications for trade policy, R&Dpolicy andexchange rate policy. Chapter 5 introduces EMSs in thecompetition forthe market and in the theory of Schumpeterian growth andprovides anempirical test of the EMSs approach. Chapter 6 concludeswith anon-technical discussion of the main results and employs themtodiscuss a number of recently debated issues.

Prof. Federico Etro teaches macroeconomics at the University ofMilan,Bicocca and industrial organization at the University ofEdinburgh forthe Scottish Graduate Programme in Economics. He studiedat the U.C.L.A. and Harvard, and wrote articles for American EconomicReview,International Economic Review, Economic Journal, JournalofMacroeconomics, Public Choice and the book "Competition,Innovation,and Antitrust" (2007, ).

Written for:
Researchers and scholars

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