Endogenous Business Cycles Growth
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Endogenous Business Cycles And Growth
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Author :
language : en
Publisher:
Release Date : 2003
Endogenous Business Cycles And Growth written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Business cycles categories.
Endogenous Business Cycles Growth
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Author :
language : en
Publisher:
Release Date : 2003
Endogenous Business Cycles Growth written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with categories.
Cycles Growth And Structural Change
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Author : Lionello F Punzo
language : en
Publisher: Routledge
Release Date : 2003-09-02
Cycles Growth And Structural Change written by Lionello F Punzo and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-09-02 with Business & Economics categories.
This volume gathers together key new contributions on the subject of the relationship, both empirical and theoretical, between economic oscillations, growth and structural change. Employing a sophisticated level of mathematical modelling, the collection contains articles from, amongst others, William Baumol, Katsuhito Iwai and William Brock.
Hysteresis And Business Cycles
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Author : Ms.Valerie Cerra
language : en
Publisher: International Monetary Fund
Release Date : 2020-05-29
Hysteresis And Business Cycles written by Ms.Valerie Cerra and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-05-29 with Business & Economics categories.
Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.
Endogenous Market Structures And The Macroeconomy
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Author : Federico Etro
language : en
Publisher: Springer Science & Business Media
Release Date : 2009-06-17
Endogenous Market Structures And The Macroeconomy written by Federico Etro and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-06-17 with Business & Economics categories.
This is a key year for the evolution of international markets. The global economy is experiencing the most severe downturn since the thirties, it is temporarily leaving a path of sustained growth that characterized the last decades, and is facing an impressive decline of trade between countries. Banks are going bankrupt, the stock market has crashed, rms are going out of bu- ness or drastically reducing their production and exports, workers are being red and investment in new business creation or innovation is shrinking. Meanwhile, consumers con dence has dropped at its minimum, aggregate demand has been declining for months and expansionary policies and int- national coordination have failed to counteract the crisis until now. It is quite likely that all this will change sooner or later, but at the end of this crisis our understanding of the macroeconomy may change as well. In front of these crucial events, this book is not an attempt at proposing a radically new way of interpreting macroeconomic phenomena, and, as a m- ter of fact, it is not even a book on macroeconomic theory. My more modest goal is to collect a number of insights derived from recent research on the role of competition and innovation in the analysis of three topics: business cycles, trade and growth through innovations.
Business Cycles
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Author : Victor Zarnowitz
language : en
Publisher: University of Chicago Press
Release Date : 2007-11-01
Business Cycles written by Victor Zarnowitz and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-11-01 with Business & Economics categories.
This volume presents the most complete collection available of the work of Victor Zarnowitz, a leader in the study of business cycles, growth, inflation, and forecasting.. With characteristic insight, Zarnowitz examines theories of the business cycle, including Keynesian and monetary theories and more recent rational expectation and real business cycle theories. He also measures trends and cycles in economic activity; evaluates the performance of leading indicators and their composite measures; surveys forecasting tools and performance of business and academic economists; discusses historical changes in the nature and sources of business cycles; and analyzes how successfully forecasting firms and economists predict such key economic variables as interest rates and inflation.
Endogenous Growth Market Failures And Economic Policy
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Author : Martin Zagler
language : en
Publisher: Springer
Release Date : 1999-03-15
Endogenous Growth Market Failures And Economic Policy written by Martin Zagler and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-03-15 with Business & Economics categories.
Endogenous Growth, Market Failures and Economic Policy develops, within a rigorous formal framework, innovative and unconventional macroeconomic policy perspectives that can be deduced from the New Growth Theory in the presence of market imperfections, adopting the standard structure of fiscal, monetary and trade policy for the book. For instance, the introduction of monopolistic competition leads to positive growth effects of fiscal policy as well as protection of infant industries.
Endogenous Business Cycles And Economic Policy
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Author : Peter Skott
language : en
Publisher:
Release Date : 2023
Endogenous Business Cycles And Economic Policy written by Peter Skott and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with categories.
This paper examines the dynamics of Keynesian models that incorporate feedback effects from the labor market to income distribution, investment, aggregate demand and output. A baseline version of the model can generate endogenous growth cycles, but cumulative divergence and economic collapse also become possible for plausible parameter values. Extensions of the model that include monetary and Öscal policy show greater robustness: the local instability of the stationary point leads to limit cycles (rather than complete collapse), even when large, destabilizing changes are made to parameters describing the private sector. The robustness of the general approach is reinforced by the endogeneity of the Öscal and monetary policy rules.
Growth And Business Cycles With Equilibrium Indeterminacy
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Author : Kazuo Mino
language : en
Publisher: Springer
Release Date : 2017-07-11
Growth And Business Cycles With Equilibrium Indeterminacy written by Kazuo Mino and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-11 with Business & Economics categories.
Over the past two decades, the issue of equilibrium indeterminacy has been one of the major research concerns in macroeconomic dynamics. Growth and Business Cycles with Equilibrium Indeterminacy discusses the main topics in this literature. Based on comprehensive surveys and the author’s original research, this book explores sunspot-driven fluctuations in real business cycle models, multiple equilibria in endogenous growth models, and the stabilization effects of fiscal and monetary policy rules. The book also considers equilibrium indeterminacy in open economy models.
Business Cycles And Financial Crises
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Author : A. W. Mullineux
language : en
Publisher:
Release Date : 1990
Business Cycles And Financial Crises written by A. W. Mullineux and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Business & Economics categories.