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Growth and Business Cycles with Equilibrium Indeterminacy de Kazuo Mino

Growth and Business Cycles with Equilibrium Indeterminacy: Advances in Japanese Business and Economics, cartea 13

Autor Kazuo Mino
en Limba Engleză Hardback – 18 iul 2017
Over the past two decades, the issue of equilibrium indeterminacy has been one of the major research concerns in macroeconomic dynamics. Growth and Business Cycles with Equilibrium Indeterminacy discusses the main topics in this literature. Based on comprehensive surveys and the author’s original research, this book explores sunspot-driven fluctuations in real business cycle models, multiple equilibria in endogenous growth models, and the stabilization effects of fiscal and monetary policy rules.  The book also considers equilibrium indeterminacy in open economy models. 
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Specificații

ISBN-13: 9784431556084
ISBN-10: 4431556087
Pagini: 220
Ilustrații: XI, 230 p. 22 illus.
Dimensiuni: 155 x 235 x 20 mm
Greutate: 0.52 kg
Ediția:1st ed. 2017
Editura: Springer
Colecția Springer
Seria Advances in Japanese Business and Economics

Locul publicării:Tokyo, Japan

Public țintă

Research

Cuprins

Chapter 1: Overview: Equilibrium Indeterminacy in Macroeconomic Dynamics.- Chapter 2: Indeterminacy in Real Business Cycle Models.- Chapter 3: Indeterminacy in Endogenous Growth Models.- Chapter 4: Policy Rules and Indeterminacy.- Chapter 5: Indeterminacy in Open Economies.- Chapter 6: Alternative Sources of Indeterminacy.- Bibliography.- Index.

Notă biografică

Kazuo Mino is a professor of Economics at Doshisha University and a professor emeritus of Kyoto University. He is the former president of the Japanese Economic Association and the former editor of the Japanese Economic Review. Prior to joining Doshisha University, he worked at Hiroshima, Tohoku, Kobe and Osaka Universities as well as at Kyoto Institute of Economic Research at Kyoto University. Mino has published extensively on various topics in macroeconomic theory including growth and business cycle models, monetary and fiscal policies and open economy macroeconomics.

Textul de pe ultima copertă

Over the past two decades, the issue of equilibrium indeterminacy has been one of the major research concerns in macroeconomic dynamics. Growth and Business Cycles with Equilibrium Indeterminacy discusses the main topics in this literature. Based on comprehensive surveys and the author’s original research, this book explores sunspot-driven fluctuations in real business cycle models, multiple equilibria in endogenous growth models, and the stabilization effects of fiscal and monetary policy rules.  The book also considers equilibrium indeterminacy in open economy models. 

Caracteristici

Presents an extensive, comprehensive survey of indeterminacy and sunspots in real business cycle models Discusses indeterminacy in endogenous growth models in detail Examines the latest research on indeterminacy in open-economy models and in models with financial frictions