The New Keynesian Microfoundations
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The New Keynesian Microfoundations Classic Reprint
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Author : Julio Rotemberg
language : en
Publisher: Forgotten Books
Release Date : 2015-07-05
The New Keynesian Microfoundations Classic Reprint written by Julio Rotemberg and has been published by Forgotten Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-07-05 with Business & Economics categories.
Excerpt from The New Keynesian Microfoundations The paper then goes on to present in Section IV a static model of monopolistic competition which forms the basis for the later discussion of price rigidity. This model is classical in that, without price rigidities, its unique equilibrium has monetary shocks affecting prices alone. In Section V, a once and for all change in the money stock is analyzed in a simple two period variant of the static model to which costs of changing prices have been added. In this model monetary expansions, at least if they fall within a certain range, affect output. While some issues which arise in models with more periods are masked by the two period assumption, this model has several interesting features including a multiplicity of equilibria. In particular, for a range of monetary shocks both changed and unchanged prices can be consistent with equilibrium. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
The New Keynesian Microfoundations
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Author : Julio J. Rotemberg
language : en
Publisher:
Release Date : 1987
The New Keynesian Microfoundations written by Julio J. Rotemberg and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with categories.
The New Keynesian Microfoundations
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Author : Julio Rotemberg
language : en
Publisher: Sagwan Press
Release Date : 2015-08-25
The New Keynesian Microfoundations written by Julio Rotemberg and has been published by Sagwan Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-08-25 with categories.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Financial Constraints And Market Failures
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Author : Marcello Messori
language : en
Publisher: Edward Elgar Publishing
Release Date : 1999-01-01
Financial Constraints And Market Failures written by Marcello Messori and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-01-01 with Business & Economics categories.
An Italian study group made up of seven economists report their findings on how the new Keynesian economics has reacted to challenges from new classical economics by strengthening the analytical power of its models. First they discuss the theoretical unde
The New Keynesian Microfoundations
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Author :
language : en
Publisher:
Release Date : 1987
The New Keynesian Microfoundations written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with categories.
The New Keynesian Macroeconomics
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Author : Shaun Hargreaves Heap
language : en
Publisher: Edward Elgar Publishing
Release Date : 1992
The New Keynesian Macroeconomics written by Shaun Hargreaves Heap and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Business & Economics categories.
This book is designed as a text for advanced undergraduate macroeconomic theory courses. It draws together the central ideas in what is referred to as the New Keynesian Macroeconomics and sets them in dialogue with the New Classical Macroeconomics. The key organizing argument in the text is that the major disputes in macroeconomics turn on the different ways of modelling time and social interdependence. In particular the New Keynesians draw attention to the multiple macroeconomic equilibria that arise when economies are set in historical time and when social interdependence is best captured by imperfectly competitive microfoundations. In this context, the behaviour of the economy depends critically on the conventions and institutions which embody them because they aid equilibrium selection. The principal strengths of the text are the discussion of the recent literature on multiple rational expectations equilibria; the connection between equilibrium selection and institutional context; game theoretic discussion of social interdependence, particularly with respect to wage and price formation; and the analysis of debates over both demand and supply side activism. As the first textbook to develop the New Keynesian Macroeconomics, the book will be widely used on second and third year undergraduate courses on macroeconomics. It will also serve as a text for advanced undergraduate courses which integrate micro and macro in general equilibrium theory.
The New Keynesian Microfoundations Primary Source Edition
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Author : Julio Rotemberg
language : en
Publisher: Nabu Press
Release Date : 2013-10
The New Keynesian Microfoundations Primary Source Edition written by Julio Rotemberg and has been published by Nabu Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-10 with categories.
This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is culturally important, and despite the imperfections, have elected to bring it back into print as part of our continuing commitment to the preservation of printed works worldwide. We appreciate your understanding of the imperfections in the preservation process, and hope you enjoy this valuable book.
New Keynesian Microfoundations Revisited
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Author : Richard Mash
language : en
Publisher:
Release Date : 2002
New Keynesian Microfoundations Revisited written by Richard Mash and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with categories.
The New Keynesian Economics And The Theory Of The Firm A Search For Microfoundations
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Author : Larry A. Levine
language : en
Publisher: Fredericton : Department of Economics, University of New Brunswick
Release Date : 1992
The New Keynesian Economics And The Theory Of The Firm A Search For Microfoundations written by Larry A. Levine and has been published by Fredericton : Department of Economics, University of New Brunswick this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with categories.
New Keynesian Microfoundations Revisited
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Author : Richard Mash
language : en
Publisher:
Release Date : 2003
New Keynesian Microfoundations Revisited written by Richard Mash 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.