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. Editor(s): Chiarella, Carl; Franke, Reiner; Flaschel, Peter; Semmler, Willi. Series: Contributions to Economic Analysis. Num Pages: 564 pages, Illustrations. BIC Classification: KCB. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 31. Weight in Grams: 963. . 2006. Hardback. . . . .

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Bibliographic Details

Title

Quantitative and Empirical Analysis of Nonlinear Dynamic Macromodels

Publisher

Emerald Group Publishing Limited

Publication Date

2006

Language

English

ISBN 10

0444521224

ISBN 13

9780444521224

Binding

Hardcover

Condition

New

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Synopsis

This book represents an ongoing research agenda the aim of which is to contribute to the Keynesian paradigm in macroeconomics. A currently dominant research strategy in macroeconomics is based on the Dynamic General Equilibrium (DGE) model. Its essential features are the assumption of intertemporal optimizing behavior of economic agents, competitive markets and price mediated market clearing through flexible wages and prices. Contributions to Economic Analysis was established in 1952. The series purpose is to stimulate the international exchange of scientific information. The series includes books from all areas of macroeconomics and microeconomics.

Book Description

A quantitative approach to economic problems of practical importance

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