Foundations for a disequilibrium theory of the business cycle : qualitative analysis and quantitative assessment /

Finally, topical issues in monetary policy are studied in small macromodels as well as for the KMG model by incorporating an estimated Taylor-type interest rate reaction function. The stability features of this enhanced model are also compared to those of the original KMG model."--Jacket

書目詳細資料
主要作者: Chiarella, Carl
其他作者: Flaschel, Peter, 1943-, Franke, Reiner
格式: Licensed eBooks
語言:英语
出版: Cambridge, UK ; New York : Cambridge University Press, 2005.
在線閱讀:https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=142711
書本目錄:
  • Foreword / J. Barkley Rosser, Jr.
  • 1. Competing approaches to Keynesian macrodynamics
  • 2. AS-AD growth theory : a complete analysis of the textbook model
  • 3. Disequilibrium growth : the point of departure
  • 4. The Keynes-Metzler-Goodwin model
  • 5. Calibration of three wage-price modules
  • 6. Calibration of the full KMG model
  • 7. Subsystems and sensitivity analysis of the KMG model
  • 8. The Taylor rule in small macromodels
  • 9. Incorporating the Taylor rule into KMG.