Macroeconomic Analysis and Stabilization Policy - Hardcover

Turnovsky, Stephen J.

Hardcover

ISBN 10: 052121520X ISBN 13: 9780521215206

Publisher: Cambridge University Press, 1977

Synopsis

The main focus of this book, first published in 1977, is the construction and analysis of an integrated macroeconomic model. In this exercise, four main aspects are stressed that has not previously received adequate textbook attention. The 'intrinsic dynamics' of the macroeconomic system are emphasized, as well as developments in inflation theory, particularly pertaining to the role of inflationary expectations. In addition, several chapters are devoted to the international aspects of macroeconomics, and their thorough coverage makes this book especially relevant to countries that are heavily dependant on international trade. Several aspects of stabilization policy are also discussed in detail, and an introduction to optimal stabilization theory is also provided. The book is appropriate to advanced undergraduate and postgraduate courses in macroeconomics.

About this title

Book Description

The main focus of this book, first published in 1977, is the construction and analysis of an integrated macroeconomic model. In this exercise, four main aspects are stressed that has not previously received adequate textbook attention: 'intrinsic dynamics' of the macroeconomic system; inflation theory; international macroeconomics; and stabilization policy.

Edition details

• Publisher: Cambridge University Press
• Publication date: 1977
• Language: English
• ISBN 10: 052121520X
• ISBN 13: 9780521215206
• Binding: Hardcover
• Number of pages: 384