Dynamics of Keynesian Monetary Growth - Macro Foundations

Klappentext This text shows for the first time that macrodynamics can be developed and investigated systematically. Zusammenfassung 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 which are currently fashionable. Inhaltsverzeichnis Preface; General introduction; 1. Traditional monetary growth dynamics; 2. Tobinian monetary growth: the (neo) classical point of departure; 3. Keynes-Wicksell models of monetary growth: synthesizing Keynes into the classics; 4. Keynesian monetary growth: the missing prototype; 5. Smooth factor substitution: a secondary and confused issue.

Product details

• Authors: Carl Chiarella, Carl Flaschel Chiarella, Chiarella Carl, Peter Flaschel
• Publisher: Cambridge University Press ELT
• Languages: English
• Product format: Paperback / Softback
• Released: 17.02.2011
• EAN: 9780521180184
• ISBN: 978-0-521-18018-4
• No. of pages: 434
• Subjects: Social sciences, law, business > Business > Economics; BUSINESS & ECONOMICS / Economics / Macroeconomics, Monetary Economics