Cantitate/Preț
Produs

Macroeconomic Dynamics

Autor Keizo Nagatani
en Limba Engleză Paperback – 17 mar 1982
This presentation of advanced macroeconomics emphasizes the dynamic behaviour of the economy. Developed capitalist economies are characterized by large stocks of durable goods and the intertemporal nature of economic decisions that these involve. Such intertemporal decisions based on expectations about an uncertain future are the main sources of mistakes and consequent economic fluctuations. In this book, therefore, macroeconomic theory and policy are viewed as applications of capital theory. Professor Nagatani traces the early contributions to this viewpoint and critically surveys the modern literature. To aid the reader, a lucid exposition of dynamic optimization is provided before the theory is developed analytically. The framework employed has novel aspects and captures the chief characteristics of advanced economies. The analysis is used to draw out broad policy conclusions. This book is suitable for advanced students, for whom examples are provided at the end of chapters. However, the perspective offers much to interest specialists also.
Citește tot Restrânge

Preț: 27908 lei

Nou

Puncte Express: 419

Preț estimativ în valută:
5343 5553$ 4430£

Carte tipărită la comandă

Livrare economică 06-20 februarie 25

Preluare comenzi: 021 569.72.76

Specificații

ISBN-13: 9780521280150
ISBN-10: 052128015X
Pagini: 256
Dimensiuni: 152 x 228 x 15 mm
Greutate: 0.38 kg
Editura: Cambridge University Press
Colecția Cambridge University Press
Locul publicării:New York, United States

Cuprins

Preface; 1. A historical review; 2. Dynamic optimization; 3. Hicksian temporary equilibrium and comparative dynamics; 4. Rational-expectations models; 5. Equilibrium theories of Keynesian unemployment; 6. Savings and investment in Keynesian temporary equilibrium; 7. Markets for stocks in Keynesian temporary equilibrium; 8. Capital markets and money; 9. Stabilization policies; 10. Inflation; 11. The economics of social security; 12. Much ado about nothing?; 13. Concluding comments; Notes; References; Index.

Descriere

This presentation of advanced macroeconomics emphasizes the dynamic behaviour of the economy.