Zur Startseite gehen
0,00 €*
Cover: 9783319601489 | Macroeconomic Theory | Volker Böhm | Buch | HC runder Rücken kaschiert
Dekorationsartikel gehören nicht zum Leistungsumfang.
Macroeconomic Theory
Buch von Volker Böhm
Sprache: Englisch

80,70 €*

inkl. MwSt.

Versandkostenfrei per Post / DHL

Lieferzeit 1-2 Wochen

Kategorien:
Beschreibung
This textbook offers a unique approach to macroeconomic theory built on microeconomic foundations of monetary macroeconomics within a unified framework of an intertemporal general equilibrium model extended to a sequential and dynamic analysis. It investigates the implications of expectations and of stationary fiscal policies on allocations, on the quantity of money, and on the dynamic evolution of the economy with and without noise. The text contrasts and compares the two main competing approaches in macroeconomics within the same intertemporal model of a closed monetary economy: the one postulating full price flexibility to guarantee equilibrium in all markets at all times under perfect foresight or rational expectations, versus the so called disequilibrium approach where trading occurs at non- market-clearing prices and wages when these adjust sluggishly from period to period in response to market disequilibrium signals.
This textbook offers a unique approach to macroeconomic theory built on microeconomic foundations of monetary macroeconomics within a unified framework of an intertemporal general equilibrium model extended to a sequential and dynamic analysis. It investigates the implications of expectations and of stationary fiscal policies on allocations, on the quantity of money, and on the dynamic evolution of the economy with and without noise. The text contrasts and compares the two main competing approaches in macroeconomics within the same intertemporal model of a closed monetary economy: the one postulating full price flexibility to guarantee equilibrium in all markets at all times under perfect foresight or rational expectations, versus the so called disequilibrium approach where trading occurs at non- market-clearing prices and wages when these adjust sluggishly from period to period in response to market disequilibrium signals.
Über den Autor
Volker Böhm is a Professor Emeritus at Bielefeld University.
Zusammenfassung

Presents a unique approach to macroeconomic theory based on microeconomic foundations, general equilibrium theory, and dynamic analysis of fiscal and monetary policies

Provides a synthesis of equilibrium and disequilibrium macro models with money unifying the features of microfounded temporary equilibrium and Keynesian models

Analyzes the dynamics of business cycles in deterministic and stochastic environments using bifurcation theory

Exhibits the power of numerical methods to investigate time series of explicit nonlinear dynamic stochastic monetary models

Inhaltsverzeichnis
Introduction.- Microeconomic Foundations.- Models of Monetary Equilibrium.- Dynamics of Monetary Equilibrium Models.- Fiscal Policy and the Dynamics of Monetary Equilibrium.- The Keynesian Model with Money.- Dynamics in Disequilibrium - Endogenous Business Cycles.- Disequilibrium Dynamics with Random Perturbations.- Dynamical Systems in Discrete Time.- Proofs and Further Results.
Details
Erscheinungsjahr: 2017
Fachbereich: Volkswirtschaft
Genre: Recht, Sozialwissenschaften, Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Buch
Reihe: Springer Texts in Business and Economics
Inhalt: xvii
423 S.
99 s/w Illustr.
76 farbige Illustr.
423 p. 175 illus.
76 illus. in color.
ISBN-13: 9783319601489
ISBN-10: 3319601482
Sprache: Englisch
Herstellernummer: 978-3-319-60148-9
Ausstattung / Beilage: HC runder Rücken kaschiert
Einband: Gebunden
Autor: Böhm, Volker
Auflage: 1st ed. 2017
Hersteller: Springer International Publishing
Springer International Publishing AG
Springer Texts in Business and Economics
Verantwortliche Person für die EU: Springer Verlag GmbH, Tiergartenstr. 17, D-69121 Heidelberg, juergen.hartmann@springer.com
Maße: 241 x 160 x 28 mm
Von/Mit: Volker Böhm
Erscheinungsdatum: 13.11.2017
Gewicht: 0,909 kg
Artikel-ID: 110602108
Über den Autor
Volker Böhm is a Professor Emeritus at Bielefeld University.
Zusammenfassung

Presents a unique approach to macroeconomic theory based on microeconomic foundations, general equilibrium theory, and dynamic analysis of fiscal and monetary policies

Provides a synthesis of equilibrium and disequilibrium macro models with money unifying the features of microfounded temporary equilibrium and Keynesian models

Analyzes the dynamics of business cycles in deterministic and stochastic environments using bifurcation theory

Exhibits the power of numerical methods to investigate time series of explicit nonlinear dynamic stochastic monetary models

Inhaltsverzeichnis
Introduction.- Microeconomic Foundations.- Models of Monetary Equilibrium.- Dynamics of Monetary Equilibrium Models.- Fiscal Policy and the Dynamics of Monetary Equilibrium.- The Keynesian Model with Money.- Dynamics in Disequilibrium - Endogenous Business Cycles.- Disequilibrium Dynamics with Random Perturbations.- Dynamical Systems in Discrete Time.- Proofs and Further Results.
Details
Erscheinungsjahr: 2017
Fachbereich: Volkswirtschaft
Genre: Recht, Sozialwissenschaften, Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Buch
Reihe: Springer Texts in Business and Economics
Inhalt: xvii
423 S.
99 s/w Illustr.
76 farbige Illustr.
423 p. 175 illus.
76 illus. in color.
ISBN-13: 9783319601489
ISBN-10: 3319601482
Sprache: Englisch
Herstellernummer: 978-3-319-60148-9
Ausstattung / Beilage: HC runder Rücken kaschiert
Einband: Gebunden
Autor: Böhm, Volker
Auflage: 1st ed. 2017
Hersteller: Springer International Publishing
Springer International Publishing AG
Springer Texts in Business and Economics
Verantwortliche Person für die EU: Springer Verlag GmbH, Tiergartenstr. 17, D-69121 Heidelberg, juergen.hartmann@springer.com
Maße: 241 x 160 x 28 mm
Von/Mit: Volker Böhm
Erscheinungsdatum: 13.11.2017
Gewicht: 0,909 kg
Artikel-ID: 110602108
Sicherheitshinweis

Ähnliche Produkte

Diese Website verwendet Cookies, um eine bestmögliche Erfahrung bieten zu können. Mehr Informationen ...