Macroeconomics: The Development of Modern Methods for Policy AnalysisEdward Elgar Publishing, 31 Ιαν 2014 - 336 σελίδες øThis important textbook offers a comprehensive look into the two main traditions in contemporary macroeconomics _ New Classical and Keynesian _ and examines the work of economists who have drawn on principles from both traditions to form a new, integr |
Περιεχόμενα
| 1 | |
2 The first Neoclassical Synthesis | 22 |
3 Modelconsistent expectations | 39 |
4 The microfoundations of modern macroeconomics | 67 |
5 The challenge of New Classical macroeconomics | 96 |
6 The New Neoclassical Synthesis | 122 |
7 Stabilization policy controversies | 150 |
8 Structural unemployment | 184 |
applying the theory | 203 |
10 Traditional growth theory | 228 |
11 New growth theory | 253 |
12 Growth policy | 276 |
| 303 | |
| 317 | |
Συχνά εμφανιζόμενοι όροι και φράσεις
adaptive expectations adjustment agents aggregate demand aggregate supply analysis approach assume assumption central bank chapter Classical model coefficient consider constraint consumption function cost deficit define derived disinflation dynamic economists economy economy’s effect eliminate endogenous growth equal equation exogenous Figure firms focus full equilibrium growth rate growth theory higher households human capital implies increase individuals inflation rate initial inter-temporal interest rate investment labour demand labour market labour supply living standards long-run lower Lucas critique macro models macroeconomics macroeconomists marginal product maximization micro-foundations monetary policy natural rate Neoclassical Synthesis nominal nominal interest rate optimal outcome parameter Phillips curve physical capital price level production function ratio rational expectations readers real business cycle real output real wage recession relationship result saddle path shift shocks short-run simplified slope Solow specification stabilization policy sticky prices substitution supply curve target tax rate tion utility function variable workers zero