【资料名称】:Topics in Applied Macrodynamic Theory(Dynamic Modeling and Econometrics in Economics and Finance)
【资料作者】:Peter Flaschel Gangolf Groh Christian Proaño Willi Semmler
【出版社】: Springer
【简介及目录】:
Product Details
- Hardcover: 512 pages
- Publisher: Springer; 1 edition (September 25, 2008)
- Language: English
- ISBN-10: 3540725415
Product Description
Thisbook presents topics in applied dynamic macrotheory for closed andopeneconomies. The authors give an advanced treatment ofmacroeconomictopics such as the Phillips curve, forward and backwardlookingbehavior, open economy macrodynamics, structuralmacroeconometric modelbuilding as well as the empirics of Keynesianoriented macro models.They start from the closed economy and consideropen economies forfixed and flexible exchange rate systems with freeinternationalcapital flows later on. The dynamics of open economies inthe contextof interacting two country models are treated as well. Themacrofoundedapproach extends and integrates non-market-clearingtraditions inmacrodynamics. It is compared to New Keynesian approacheswhich aregenerally rigorously microfounded, but often neglect tostudymacroeconomic feedback mechanisms (that may be stabilizingordestabilizing).
The chapters - though representing a coherent whole - are self-contained and can be used independently of each other.
Written for: Researchers
Table of Contents