Workbook for Macroeconomic Theory: Fluctuations, Inflation and Growth in Closed and Open Economies, Barbosa Fernando De Holanda, de Lima Junior Luiz Antфnio
Описание: This book studies the dynamic mechanism of inflation in China from the perspective of New Keynesian Economics, and develops a multifaceted approach to explore the dynamic trajectory of price changes since China`s reform and opening up and the accompanying economics conditions.
Автор: J. O. N. Perkins Название: Unemployment, Inflation and New Macroeconomic Policy ISBN: 0333321162 ISBN-13(EAN): 9780333321164 Издательство: Springer Рейтинг: Цена: 2794.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This book introduces embodied innovations into the circle of already recognised causes of economic crises. The author shows how issues of investment, accumulation and structural change associated with embodied innovations can be used to monitor potential crisis. The author argues that crises are predictable and manageable in depth.
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.
Описание: This book focuses on the exchange rate pass-through (ERPT), second round effects and the inflation process in South Africa. Fiscal policy via fuel levies, administered prices and public transport inflation channel impacts the responses of monetary policy to inflation shocks.
Описание: This workbook presents the answers to the exercises in Macroeconomic Theory, Fluctuations, Inflation and Growth in Closed and Open Economies by Fernando de Holanda Barbosa (2018). The first part deals with flexible price models, including the representative agent model, the overlapping generations model, and the Solow growth model.
Описание: Rising US income and wealth inequality results from repression of real wage growth and production realignments benefitting the top one percent of households. Middle class wage-earning households have been hurt. Wage repression has led to slow inflation and low interest rates that sparked capital gains for the top one percent.
Описание: Rising US income and wealth inequality results from repression of real wage growth and production realignments benefitting the top one percent of households. Middle class wage-earning households have been hurt. Wage repression has led to slow inflation and low interest rates that sparked capital gains for the top one percent.
Описание: This unique volume consists of studies on medium-run macroeconomics that deal with aggregate economic issues that do not easily fit into either short-run business cycles or long-term growth.
Автор: Shucheng, Liu Название: Chinese Economic Growth and Fluctuations ISBN: 036752287X ISBN-13(EAN): 9780367522872 Издательство: Taylor&Francis Рейтинг: Цена: 6736.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Since the economic reform of the 1980s, Chinese economy has boomed and has now become the second largest in the world. Based on the constant and systematic researches of economic periodicity, this book studies Chinese economic growth and fluctuations.
Автор: Pigou Название: Industrial Fluctuations ISBN: 1138217263 ISBN-13(EAN): 9781138217263 Издательство: Taylor&Francis Рейтинг: Цена: 5817.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Rejecting the idea of an equilibrium business cycle, this book, originally published in 1927, studies those industrial fluctuations which extend over short spans of years: cyclical fluctuations. The causes of these cycles are discussed and the consequences which result and the way in which to mitigate these consequences are examined.
Автор: Levi Maurice D Название: Macroeconomic Environment of Business ISBN: 9814304344 ISBN-13(EAN): 9789814304344 Издательство: World Scientific Publishing Рейтинг: Цена: от 7286.00 р. Наличие на складе: Есть
Описание: Presents an introduction to principal macroeconomic phenomena: inflation, unemployment, national income, interest rates and exchange rates. This book describes how each phenomenon is measured, what makes it change and the consequences of change. It provides a degree of literacy about the economy which constitutes the environment of business.
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