Macroeconomic Analysis and Stabilization Policy

Turnovsky, Stephen J.

ISBN 10: 0521291879 / ISBN 13: 9780521291873

Published by Cambridge University Press, 1977

Good condition. A copy that has been read but remains intact. May contain markings such as bookplates, stamps, limited notes and highlighting, or a few light stains. Seller Inventory # Z14B-03898

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.

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.

Bibliographic Details

Title: Macroeconomic Analysis and Stabilization ...
Publisher: Cambridge University Press
Publication Date: 1977
Binding: Soft cover
Condition: Good