A new approach for introducing unemployment into the New Keynesian framework.
The past fifteen years have witnessed the rise of the New Keynesian model as a framework of reference for the analysis of fluctuations and stabilization policies. That framework, which combines the rigor and internal consistency of dynamic general equilibrium models with such typically Keynesian assumptions as monopolistic competition and nominal rigidities, makes possible a meaningful, welfare-based analysis of the effects of monetary policy rules. But the conspicuous absence of unemployment from the standard New Keynesian model has given rise to both criticism and attempts to rectify this anomaly. In this book, Jordi Gali, one of the major contributors to the New Keynesian literature, offers a new approach to introducing unemployment into that framework.
Gali's approach involves a reinterpretation of the labor market in the standard New Keynesian model with staggered wage setting (rather than a modification or extension of the model, as has been proposed by others). The resulting framework preserves the convenience of the representative household paradigm and allows one to determine the equilibrium levels of employment, the labor force, and hence the unemployment rate conditional on the monetary policy in place.
Gali develops the basic model, embedding it in a standard New Keynesian framework with staggered price and wage setting; revisits the relationship between economic fluctuations and efficiency through the lens of the new model, developing a measure of the output gap; and analyzes the relation between unemployment and the design of monetary policy.
Автор: Toshimitsu Masuzawa; S?bastien Tixeuil Название: Stabilization, Safety, and Security of Distributed Systems ISBN: 354076626X ISBN-13(EAN): 9783540766261 Издательство: Springer Рейтинг: Цена: 12157.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Constitutes the refereed proceedings of the 9th International Symposium on Stabilization, Safety, and Security of Distributed Systems, SSS 2007, held in Paris, France, November 14-16, 2007. This book includes papers that address various aspects of self-stabilization, safety and security, and recovery oriented systems and programing.
Автор: Aziz Belmiloudi Название: Stabilization, Optimal and Robust Control ISBN: 1848003439 ISBN-13(EAN): 9781848003439 Издательство: Springer Рейтинг: Цена: 41787.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: The material here develops the robust control of infinite-dimensional dynamical systems derived from time-dependent coupled PDEs associated with boundary-value problems. Mathematical foundations are provided to keep the book accessible to the non-specialist.
Автор: Blejer Название: Financial Factors in Economic Stabilization and Growth ISBN: 0521088194 ISBN-13(EAN): 9780521088190 Издательство: Cambridge Academ Рейтинг: Цена: 4909.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: With the advent of increased capital mobility in the last two decades, financial factors have become of key importance for the processes of stabilization and growth in developing and transforming economies. This book collects essays by well-known analysts in international economics and finance who treat these issues from new perspectives.
Описание: This book describes the mechanism of membrane degradation and stabilization, as well as the search for stable membranes that can be used in alkaline fuel cells.
Автор: Tarp Название: Stabilization and Structural Adjustment ISBN: 1138157414 ISBN-13(EAN): 9781138157415 Издательство: Taylor&Francis Рейтинг: Цена: 22202.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This book examines the relevance of macroeconomic theory and models behind recommendations for stabilization and structural adjustment on the basis of a review of developments in sub-Saharan Africa during the 1980s.
Автор: Aziz Belmiloudi Название: Stabilization, Optimal and Robust Control ISBN: 1849967903 ISBN-13(EAN): 9781849967907 Издательство: Springer Рейтинг: Цена: 41787.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: The material here develops the robust control of infinite-dimensional dynamical systems derived from time-dependent coupled PDEs associated with boundary-value problems. Mathematical foundations are provided to keep the book accessible to the non-specialist.
Автор: Shelley D. Minteer Название: Enzyme Stabilization and Immobilization ISBN: 1493964976 ISBN-13(EAN): 9781493964970 Издательство: Springer Рейтинг: Цена: 19564.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This volume introduces the reader to the field of enzyme stabilization and the different theories of enzyme stabilization, including the use of immobilization as a stabilization technique. The first part of the book focuses on protocols for enzyme stabilization in solutions including liposome formation, micelle introduction, crosslinking, and additives. The second part of the book discusses protocols for enzyme stabilization during enzyme immobilization, including common techniques like sol-gel encapsulation, polymer encapsulation, and single enzyme nanoparticle formation. Protocols for a variety of enzymes are shown, but the enzymes are chosen as examples to show that these protocols can be used for both enzymes of biological importance, as well as enzymes of industrial importance. The final part details spectroscopic protocols, methods, and assays for studying the effectiveness of the enzyme stabilization and immobilization strategies. Written in the highly successful Methods in Molecular Biology series format, chapters include introductions to their respective topics, lists of the necessary materials and reagents, step-by-step, readily reproducible laboratory protocols, and tips on troubleshooting and avoiding known pitfalls. Cutting-edge and thorough, Enzyme Stabilization and Immobilization: Methods and Protocols, Second Edition provides molecular biologists, biochemists, and biomedical and biochemical engineers with the state-of-the-art technical information required to effectively stabilize their enzyme of interest in a variety of environments (i.e., harsh temperature, pH, or solvent conditions).
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