The Algebraic Galaxy Of Simple Macroeconomic Models


The Algebraic Galaxy Of Simple Macroeconomic Models
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The Algebraic Galaxy Of Simple Macroeconomic Models


The Algebraic Galaxy Of Simple Macroeconomic Models
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Author : Mr.Evan C Tanner
language : en
Publisher: International Monetary Fund
Release Date : 2017-05-24

The Algebraic Galaxy Of Simple Macroeconomic Models written by Mr.Evan C Tanner 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 2017-05-24 with Business & Economics categories.


Simple macroeconomic frameworks like the IS/LM have survived because they help us conceptualize complex problems while also providing ‘back of the envelope’ estimates of macroeconomic outcomes. Herein, a bare-bones New Keynesian extension of the IS/LM model yields solutions for core macro variables (output gap, inflation, interest rate, real exchange rate misvaluation)—expressed in percent. We then extend that standard model to also generate a corresponding set of demand-side elements—expressed in currency units. A key aim of the paper is to reconcile these two metrics in ways that also aid communication and intuition—including through IS/LM-style graphs.



Income Distribution In Macroeconomic Models


Income Distribution In Macroeconomic Models
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Author : Giuseppe Bertola
language : en
Publisher: Princeton University Press
Release Date : 2014-09-28

Income Distribution In Macroeconomic Models written by Giuseppe Bertola and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-09-28 with Business & Economics categories.


This book looks at the distribution of income and wealth and the effects that this has on the macroeconomy, and vice versa. Is a more equal distribution of income beneficial or harmful for macroeconomic growth, and how does the distribution of wealth evolve in a market economy? Taking stock of results and methods developed in the context of the 1990s revival of growth theory, the authors focus on capital accumulation and long-run growth. They show how rigorous, optimization-based technical tools can be applied, beyond the representative-agent framework of analysis, to account for realistic market imperfections and for political-economic interactions. The treatment is thorough, yet accessible to students and nonspecialist economists, and it offers specialist readers a wide-ranging and innovative treatment of an increasingly important research field. The book follows a single analytical thread through a series of different growth models, allowing readers to appreciate their structure and crucial assumptions. This is particularly useful at a time when the literature on income distribution and growth has developed quickly and in several different directions, becoming difficult to overview.



An Introduction To Macroeconomic Models


An Introduction To Macroeconomic Models
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Author : K. C. Kogiku
language : en
Publisher:
Release Date : 1948

An Introduction To Macroeconomic Models written by K. C. Kogiku and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1948 with Macroeconomics categories.




An Introduction To Macroeconomic Models


An Introduction To Macroeconomic Models
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Author : Kiichirō Chris Kogiku
language : en
Publisher:
Release Date : 1968

An Introduction To Macroeconomic Models written by Kiichirō Chris Kogiku and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1968 with Economics categories.




Mathematical Macroeconomic Models


Mathematical Macroeconomic Models
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Author : Mokhtar M. Metwally
language : en
Publisher: Academic Publishers
Release Date : 1995

Mathematical Macroeconomic Models written by Mokhtar M. Metwally and has been published by Academic Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Macroeconomics categories.




Macroeconomic Model


Macroeconomic Model
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Author : Fouad Sabry
language : en
Publisher: One Billion Knowledgeable
Release Date : 2024-04-15

Macroeconomic Model written by Fouad Sabry and has been published by One Billion Knowledgeable this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-04-15 with Business & Economics categories.


What is Macroeconomic Model A macroeconomic model is an analytical tool designed to describe the operation of the problems of economy of a country or a region. These models are usually designed to examine the comparative statics and dynamics of aggregate quantities such as the total amount of goods and services produced, total income earned, the level of employment of productive resources, and the level of prices. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Macroeconomic model Chapter 2: Macroeconomics Chapter 3: Rational expectations Chapter 4: New Keynesian economics Chapter 5: Monopoly profit Chapter 6: Fiscal policy Chapter 7: Phillips curve Chapter 8: Nominal rigidity Chapter 9: Lucas critique Chapter 10: Representative agent Chapter 11: Economic model Chapter 12: Computational economics Chapter 13: Demand for money Chapter 14: Dynamic stochastic general equilibrium Chapter 15: Microfoundations Chapter 16: Neoclassical synthesis Chapter 17: History of macroeconomic thought Chapter 18: Jacques Drèze Chapter 19: Large-scale macroeconometric model Chapter 20: Heterogeneity in economics Chapter 21: Moral hazard (II) Answering the public top questions about macroeconomic model. (III) Real world examples for the usage of macroeconomic model in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Macroeconomic Model.



Macroeconomic Models And Controversies


Macroeconomic Models And Controversies
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Author : G. Chirichiello
language : en
Publisher: Springer
Release Date : 1994-05-31

Macroeconomic Models And Controversies written by G. Chirichiello and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994-05-31 with Business & Economics categories.


The book provides an introduction to major topics in macroeconomic theory and offers the readers three tools for comparing different models:a mathematical reformulation of Say's Law, the use of income velocity of circulation of money as a behavioural function in accordance with the Friedman tradition and the use of the Phillips curve to represent the labour market.



Macroeconomics


Macroeconomics
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Author : Yiannis P. Venieris
language : en
Publisher: John Wiley & Sons
Release Date : 1977

Macroeconomics written by Yiannis P. Venieris and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 1977 with Macroeconomics categories.


Cover title: Macroeconomic models and policy."A Wiley/Hamilton publication." Includes bibliographies and index.



Observers And Macroeconomic Systems


Observers And Macroeconomic Systems
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Author : Ric D. Herbert
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Observers And Macroeconomic Systems written by Ric D. Herbert 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 2012-12-06 with Business & Economics categories.


Observers and Macroeconomic Systems is concerned with the computational aspects of using a control-theoretic approach to the analysis of dynamic macroeconomic systems. The focus is on using a separate model for the development of the control policies. In particular, it uses the observer-based approach whereby the separate model learns to behave in a similar manner to the economic system through output-injections. The book shows how this approach can be used to learn the forward-looking behaviour of economic actors which is a distinguishing feature of dynamic macroeconomic models. It also shows how it can be used in conjunction with low-order models to undertake policy analysis with a large practical econometric model. This overcomes some of the computational problems arising from using just the large econometric models to compute optimal policy trajectories. The work also develops visual simulation software tools that can be used for policy analysis with dynamic macroeconomic systems.



Aggregate Demand And Supply


Aggregate Demand And Supply
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Author : B. Bhaskara Rao
language : en
Publisher: Springer
Release Date : 2016-07-27

Aggregate Demand And Supply written by B. Bhaskara Rao and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-27 with Business & Economics categories.


'I wish Professor Rao and his collaborators every success in ensuring that future generations of students do not have to put up with logically incoherent foundations to their understanding of modern economic systems' - G.C. Harcourt, Jesus College, Cambridge There is now an increasing realisation that the popular textbook macroeconomic model of aggregate demand and supply is logically incorrect. While there is a broad agreement among the critiques on these logical flaws there has been no such agreement on how the basic textbook macromodel should be modified. The essays in this volume contain very promising alternative models which will significantly influence the way macroeconomics will be taught in the future.