Disequilibrium, Growth and Labor Market Dynamics

Macro Perspectives

Carl Chiarella, Peter Flaschel, Gangolf Groh, Willi Semmler (Autoren)

Buch | Softcover

X, 480 Seiten

2011 | 1. Softcover reprint of the original 1st ed. 2000
Springer Berlin (Verlag)
978-3-642-08443-0 (ISBN)

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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 tute the interdependence of markets and sectors of the modern macro economy. The rela tionship between the macroeconomic framework of our working model and the Walrasian, Non-Walrasian and New-Keynesian reformulations of macroeconomics.

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.

Erscheint lt. Verlag	28.12.2011
Mitarbeit	Assistent: C. Köper
Zusatzinfo	X, 480 p. 194 illus.
Verlagsort	Berlin
Sprache	englisch
Maße	155 x 235 mm
Gewicht	732 g
Themenwelt	Wirtschaft ► Volkswirtschaftslehre ► Finanzwissenschaft
Themenwelt	Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie
Schlagworte	Agents • Arbeitsmarktdynamik • Deflation • Disequolibrium • growth • Growth Theory • Inflation • Keynes • Labor Market • labor market dynamics • Macroeconomics • Makroökonomie • Unemployment • Ungleichgewicht • Wachstum
ISBN-10	3-642-08443-5 / 3642084435
ISBN-13	978-3-642-08443-0 / 9783642084430
Zustand	Neuware