Macroeconomic Fluctuations and Policies, Challe Edouard
Старое издание
Автор: Challe Edouard Название: Macroeconomic Fluctuations and Policies ISBN: 0262039559 ISBN-13(EAN): 9780262039550 Издательство: MIT Press Цена: 20465.00 р. Наличие на складе: Невозможна поставка. Описание: The basic tools for analyzing macroeconomic fluctuations and policies, applied to concrete issues and presented within an integrated New Keynesian framework.
This textbook presents the basic tools for analyzing macroeconomic fluctuations and policies and applies them to contemporary issues. It employs a unified New Keynesian framework for understanding business cycles, major crises, and macroeconomic policies, introducing students to the approach most often used in academic macroeconomic analysis and by central banks and international institutions. The book addresses such topics as how recessions and crises spread; what instruments central banks and governments have to stimulate activity when private demand is weak; and what "unconventional" macroeconomic policies might work when conventional monetary policy loses its effectiveness (as has happened in many countries in the aftermath of the Great Recession.).
The text introduces the foundations of modern business cycle theory through the notions of aggregate demand and aggregate supply, and then applies the theory to the study of regular business-cycle fluctuations in output, inflation, and employment. It considers conventional monetary and fiscal policies aimed at stabilizing the business cycle, and examines unconventional macroeconomic policies, including forward guidance and quantitative easing, in situations of "liquidity trap"--deep crises in which conventional policies are either ineffective or have very different effects than in normal time.
This book is the first to use the New Keynesian framework at the advanced undergraduate level, connecting undergraduate learning not only with the more advanced tools taught at the graduate level but also with the large body of policy-oriented research in academic journals. End-of-chapter problems help students master the materials presented.
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.
Название: Photons and Quantum Fluctuations ISBN: 0367403382 ISBN-13(EAN): 9780367403386 Издательство: Taylor&Francis Рейтинг: Цена: 9798.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Based on a special ONR seminar, Photons and Quantum Fluctuations draws together discoveries in nonclassical or "silent" light for research workers and postgraduates in quantum optics.
Автор: Barbosa Название: Macroeconomic Theory ISBN: 3319921312 ISBN-13(EAN): 9783319921310 Издательство: Springer Рейтинг: Цена: 11878.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Macroeconomics is the application of economic theory to the study of the economy`s growth, cycle and price-level determination. The price of money is the amount of goods bought with one unit of money, in other words, the inverse of the price level.
Автор: Fernando de Holanda Barbosa Название: Macroeconomic Theory ISBN: 3030063704 ISBN-13(EAN): 9783030063702 Издательство: Springer Рейтинг: Цена: 12577.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Macroeconomics is the application of economic theory to the study of the economy’s growth, cycle and price-level determination. Macroeconomics takes account of stylized facts observed in the real world and builds theoretical frameworks to explain such facts. Economic growth is a stylized fact of market economies, since England’s nineteenth-century industrial revolution. Until then, poverty was a common good for humanity. Economic growth consists in the persistent, smooth and sustained increase of per-capita income. A market economy shows periods of expanding and contracting economic activity. This phenomenon is the economic cycle. The price of money is the amount of goods bought with one unit of money, in other words, the inverse of the price level. Determination of the price level, or the value of money, is a fascinating subject in a fiat money economy.
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: 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: 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: Hideki Takayasu Название: Empirical Science of Financial Fluctuations ISBN: 4431703160 ISBN-13(EAN): 9784431703167 Издательство: Springer Рейтинг: Цена: 16977.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Автор: Abel, Wilhelm Название: Agricultural Fluctuations in Europe ISBN: 041537698X ISBN-13(EAN): 9780415376983 Издательство: Taylor&Francis Рейтинг: Цена: 29093.00 р. Наличие на складе: Поставка под заказ.
Описание: From the Preface: "The purpose of this book is to present and apply a language and to discuss methods which make it very convenient to exploit such analogies, and which are uniquely suited to describe and explain non-equilibrium phenomena in a rich variety of many-particle systems: the language of time correlation functions and linear response theory."
Автор: Bertrand M. Roehner Название: Theory of Markets ISBN: 3642794815 ISBN-13(EAN): 9783642794810 Издательство: Springer Рейтинг: Цена: 18167.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: For this book an al- ternative and more comprehensive title would be: An investigation of spatial arbitrage as an introduction to the theory of commodity markets: trade and space-time patterns of price fluctuations.
Автор: Volokitin Aleksandr I., Persson Bo N. J. Название: Electromagnetic Fluctuations at the Nanoscale: Theory and Applications ISBN: 3662586207 ISBN-13(EAN): 9783662586204 Издательство: Springer Рейтинг: Цена: 18167.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Particular strong enhancement occurs if the surfaces of the bodies can support localized surface modes like surface plasmons, surface polaritons or adsorbate vibrational modes.
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