Description: Disequilibrium, Growth and Labor Market Dynamics by Carl Chiarella, Peter Flaschel, Gangolf Groh, Willi Semmler, C. Köper Our working model is set up in a way that there is a close relationship between our presented dynamic models and modern macro econometric models with disequilibrium both in the labor and the goods markets. FORMAT Paperback LANGUAGE English CONDITION Brand New Publisher Description The book presents a disequilibrium approach to employment, inflation and growth in modern macroeconomics. It integrates markets of products and money, and labor markets into a consistent macrodynamic framework which contains a complete set of agents and markets. The framework allows to establish and evaluate links to other approaches to macroeconomic analysis, in particular Walrasian, Non-Walrasian and New-Keynesian as well as to modern macroeconometric model building. Important issues such as endogenous growth, labor market dynamics and state or history dependent unemployment, Phillips curves, monetary policy rules and debt deflation are also discussed. The book is a useful reference for all researchers, academic teachers and practitioners of macroeconomic and macroeconometric model building who are interested in macroeconomic dynamics, independently of whether they use equilibrium or disequilibrium methods in their own work. Author Biography Carl Chiarella is Emeritus Professor and Professor of Quantitative Finance in the School of Finance and Economics at the University of Technology, Sydney. Table of Contents 1 Introduction: Integrated Macrodynamics.- 2 Disequilibrium, Growth and Labor Market Dynamics: Foundations.- 3 Disequilibrium, Growth and Labor Market Dynamics: Synthesis and Perspectives.- 4 Flex-Price Approaches: Exceptional Limit Cases?.- 5 Fix-Price Approaches: Regime Switching Overstated.- 6 Market Imperfections: Basic Integration and Comparison.- 7 Applied Disequilibrium Growth Theory.- 8 Intensive Forms and Steady State Calculations.- 9 Ways Ahead: Analyzing Structural Macroeconometric Model Building.- References. Promotional Springer Book Archives Long Description In this book on disequilibrium, growth and labor market dynamics we take predominantly a macroeconomic perspective. We present a working model that can easily be varied in different directions in order to subsume innovations in the literature on macroeconomics, old and new, and to contribute to important currently discussed macroeconomic issues. Our working model is set up in a way that there is a close relationship between our presented dynamic models and modern macro econometric models with disequilibrium both in the labor and the goods markets. One of our objectives is, therefore, to narrow the gap between theoretical and applied structural macrodynamic model building. We hope that the book will be a useful reference for all researchers, academic teachers and practitioners of macroeconomic and macro econometric model building who are interested in economic dynamics, independently of whether they use equilibrium or disequilibrium methods in their own research. We base this hope on the fact that our approach contains a number of unique features. The emphasis on the identification and analysis of the basic feedback mechanisms at work in modern macro economies. A detailed study of the partial as well as integrated dynamic interaction between these feedback mechanisms that consti Feature The book presents a disequilibrium approach to employment, inflation and growth in modern macroeconomics Details ISBN3642084435 Author C. Köper Publisher Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Year 2011 Edition 2000th ISBN-10 3642084435 ISBN-13 9783642084430 Format Paperback Imprint Springer-Verlag Berlin and Heidelberg GmbH & Co. K Place of Publication Berlin Country of Publication Germany DEWEY 330 Short Title DISEQUILIBRIUM GROWTH & LABOR Language English Media Book Affiliation University of Technology Sydney, Australia Pages 480 Subtitle Macro Perspectives Publication Date 2011-12-28 UK Release Date 2011-12-28 Edition Description Softcover reprint of the original 1st ed. 2000 Alternative 9783540649090 Audience Professional & Vocational Illustrations 194 Illustrations, black and white; X, 480 p. 194 illus. We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:96339524;
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ISBN-13: 9783642084430
Book Title: Disequilibrium, Growth and Labor Market Dynamics
Number of Pages: 480 Pages
Language: English
Publication Name: Disequilibrium, Growth and Labor Market Dynamics: Macro Perspectives
Publisher: Springer-Verlag Berlin and Heidelberg Gmbh & Co. Kg
Publication Year: 2011
Subject: Economics
Item Height: 235 mm
Item Weight: 753 g
Type: Textbook
Author: Peter Flaschel, Willi Semmler, Carl Chiarella, Gangolf Groh
Item Width: 155 mm
Format: Paperback