The Integration Pf Macro And Microeconomic Relations In Dynamic Policy Models The Case Of Saving And Investment Behaviour
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The Integration Pf Macro And Microeconomic Relations In Dynamic Policy Models The Case Of Saving And Investment Behaviour
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Author : A. L. Bovenberg
language : en
Publisher:
Release Date : 1990
The Integration Pf Macro And Microeconomic Relations In Dynamic Policy Models The Case Of Saving And Investment Behaviour written by A. L. Bovenberg and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with categories.
The Integration Of Macro And Microeconomic Relations In Dynamic Policy Models
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Author : Ary Lars Bovenberg
language : en
Publisher: International Monetary Fund
Release Date : 1990-04-01
The Integration Of Macro And Microeconomic Relations In Dynamic Policy Models written by Ary Lars Bovenberg 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 1990-04-01 with Business & Economics categories.
This paper examines how two types of fiscal policy models, namely, dynamic macroeconomic models and applied general equilibrium models, have integrated macro- and microeconomic relationships within a framework of intertemporal equilibrium. After emphasizing the potential advantages of integrating macro- and microeconomic relations, the study discusses the limitations of intertemporal equilibrium models--in particular the weaknesses of saving and investment theories incorporated in the models. It concludes that, despite recent important advances, policymakers need to exercise caution when they interpret results derived from these models.
The Integration Of Macro And Microeconomic Relations In Dynamic Policy Models
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Author : A. Lans Bovenberg
language : en
Publisher:
Release Date : 2006
The Integration Of Macro And Microeconomic Relations In Dynamic Policy Models written by A. Lans Bovenberg and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
This paper examines how two types of fiscal policy models, namely, dynamic macroeconomic models and applied general equilibrium models, have integrated macro- and microeconomic relationships within a framework of intertemporal equilibrium. After emphasizing the potential advantages of integrating macro- and microeconomic relations, the study discusses the limitations of intertemporal equilibrium models--in particular the weaknesses of saving and investment theories incorporated in the models. It concludes that, despite recent important advances, policymakers need to exercise caution when they interpret results derived from these models.
New Approaches To Macroeconomic Modeling
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Author : Masanao Aoki
language : en
Publisher: Cambridge University Press
Release Date : 1998-02-13
New Approaches To Macroeconomic Modeling written by Masanao Aoki and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-02-13 with Business & Economics categories.
This book provides a method for modeling large collections of heterogeneous agents subject to non-pairwise externality called field effects.
The Visible Hand
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Author : Reiner B. Koblo
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
The Visible Hand written by Reiner B. Koblo 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.
In the last decade highly innovatory developments have taken place in theoretical economics. The new focus of interest seems to be twofold: Firstly, nonlinear models for dynamic processes of the economy are constructed to extend the scope of linear models for tlle stationary euqilibrium state; and secondly a new approach is made to solve the everlasting problem of the relation between micro-and macro-economics. The interdisciplinary field of synergetics is deeply involved in this evolution. The author has made a remarkable contribution to both foci: His application of synergetic concepts to the theory of business cycles combines a partial solution of the micro-macro-problem, namely the modelling of the macro-economic effect of the decisions of investors, producers and consumers, with the natural introduction of nonlinearities. The arising new business cycle theory can on the one side be validated by empirical evidence and on the other hand the typical behavior of nonlinear dynamic systems including the transition to deterministic chaos can be clearly demonstrated. The hope is justified that the model presented in this book is a fw·ther important step in reaching a new level of the quantitative comprehension of dynamic phenomena in the economy. Stuttgart, June 1991 Prof. Dr. Wolfgang Weidlich Foreword It is the author's objective to explain macroeconomic processes on the basis of micro economic decision-making behaviour. In order to achieve this goal, the concept of synergetics is presented as a method of describing dynamic phenomena in multi-com ponent systems with cooperative interactions between their elements.
Simulating Distributional Impacts Of Macro Dynamics
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Author : Sergio Olivieri
language : en
Publisher: World Bank Publications
Release Date : 2014-09-23
Simulating Distributional Impacts Of Macro Dynamics written by Sergio Olivieri and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-09-23 with Business & Economics categories.
Simulating Distributional Impacts of Macro-dynamics: Theory and Practical Applications is a comprehensive guide for analyzing and understanding the effects of macroeconomic shocks on income and consumption distribution, as well as using the ADePT Simulation Module. Since real-time micro data is rarely available, the Simulation Module (part of the ADePT economic analysis software) takes advantage of historical household surveys to estimate how current or proposed macro changes might impact household and individuals welfare. Using examples from different economic and social contexts, the book explains macro-micro linkages in an easy and intuitive way. After developing a sound theoretical foundation, readers are then shown how to explore their own scenarios using the Simulation Module. Step-by-step instructions illustrate data entry and show how to make adjustments using the Module’s options. Exercises present how different sections of the simulation process operate independently. This book will be a valuable reference for analysts needing to evaluate the potential impact of structural reforms and to generate projections for hypothetical scenarios. Results created by the Simulation Module will be helpful in informing governmental policymaking.
Dynamic Modeling Empirical Macroeconomics And Finance
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Author : Lucas Bernard
language : en
Publisher: Springer
Release Date : 2016-10-03
Dynamic Modeling Empirical Macroeconomics And Finance written by Lucas Bernard and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-10-03 with Business & Economics categories.
This edited volume, with contributions by area experts, offers discussions on a range of evolving topics in economics and social development. At center are important issues central to sustainable development, economic growth, technological change, the economics of climate change, commodity markets, long wave theory, non-linear dynamic models, and boom-bust cycles. This is an excellent reference for academic and professional economists interested in emerging areas of empirical macroeconomics and finance. For policy makers and curious readers alike, it is also an outstanding introduction to the economic thinking of those who seek a holistic and all-compassing approach in economic theory and policy. Looking into new data and methodology, this book offers fresh approaches in a post-crisis environment. Set in a profound understanding of the diverse currents within the many traditions of economic thought, this book pushes the established frontiers of economic thinking. It is dedicated to a leading scholar in the areas covered in this book, Willi Semmler.
The Interaction Of Monetary And Macroprudential Policies In Dynamic Macro Models
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Author : Ivy Sabuga
language : en
Publisher:
Release Date : 2022
The Interaction Of Monetary And Macroprudential Policies In Dynamic Macro Models written by Ivy Sabuga and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with categories.
Micro And Macro Theory
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Author : Dilip Madan
language : en
Publisher:
Release Date : 1976
Micro And Macro Theory written by Dilip Madan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1976 with Macroeconomics categories.
Macroeconomic Modelling
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Author : S.G. Hall
language : en
Publisher: Elsevier
Release Date : 2014-06-28
Macroeconomic Modelling written by S.G. Hall and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-06-28 with Business & Economics categories.
This book arose out of research carried out by the authors in the period 1983-1987 whilst at the National Institute of Economic and Social Research. A number of things combined to impart the basic thrust of the research: partly the developments in formulating and estimating rational expectations models, and partly actual developments in the UK economy itself.An application of recent developments in dynamic modelling to a complete macroeconometric model of the UK is presented. Rational expectations modelling, co-integration and disequilibrium modelling are covered. The book also develops computational procedures for obtaining efficient solutions to large-scale models, and illustrates model solutions assuming rational expectations and stochastic simulations. Finally, sections on the analysis of models using optimal control methods illustrate applications of a large-scale econometric model. This section also discusses policy applications, including the derivation of time-consistent policies in the presence of rational expectations, giving quantified illustrations.