Quantitative And Empirical Analysis Of Nonlinear Dynamic Macromodels
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Quantitative and Empirical Analysis of Nonlinear Dynamic Macromodels
Author | : Carl Chiarella |
Publisher | : Emerald Group Publishing |
Total Pages | : 563 |
Release | : 2006-05-30 |
Genre | : Business & Economics |
ISBN | : 0444521224 |
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This book represents an ongoing research agenda the aim of which is to contribute to the Keynesian paradigm in macroeconomics. It examines the Dynamic General Equilibrium (DGE) model, the assumption of intertemporal optimizing behavior of economic agents, competitive markets and price mediated market clearing through flexible wages and prices.
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