Quantitative and Empirical Analysis of Nonlinear Dynamic Macromodels
Author | : Carl Chiarella |
Publisher | : Emerald Group Publishing |
Total Pages | : 563 |
Release | : 2006-05-30 |
ISBN-10 | : 9780444521224 |
ISBN-13 | : 0444521224 |
Rating | : 4/5 (224 Downloads) |
Download or read book Quantitative and Empirical Analysis of Nonlinear Dynamic Macromodels written by Carl Chiarella and published by Emerald Group Publishing. This book was released on 2006-05-30 with total page 563 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.