The Dynamics of Keynesian Monetary Growth: Macro Foundations
ISBN-13:
9780521643511
ISBN-10:
0521643511
Edition:
1
Author:
Carl Chiarella, Peter Flaschel
Publication date:
2000
Publisher:
Cambridge University Press
Format:
Hardcover
434 pages
Category:
Macroeconomics
,
Economics
,
Theory
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Book details
ISBN-13:
9780521643511
ISBN-10:
0521643511
Edition:
1
Author:
Carl Chiarella, Peter Flaschel
Publication date:
2000
Publisher:
Cambridge University Press
Format:
Hardcover
434 pages
Category:
Macroeconomics
,
Economics
,
Theory
Summary
The Dynamics of Keynesian Monetary Growth: Macro Foundations (ISBN-13: 9780521643511 and ISBN-10: 0521643511), written by authors
Carl Chiarella, Peter Flaschel, was published by Cambridge University Press in 2000.
With an overall rating of 4.4 stars, it's a notable title among other
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Description
This book is in the tradition of non-market-clearing approaches to macrodynamic economics. It shows for the first time that macrodynamics can be developed and investigated in a systematic fashion, leading to coherent models of fluctuation growth. This differs considerably from the microfounded full equilibrium approaches that are currently fashionable. Using sophisticated mathematical tools, it investigates complex macrodynamic feedback mechanisms in a systematic way, showing how macrodynamics can be developed in a hierarchical way from economically simple structures to more advanced ones.
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