The Dynamics of Keynesian Monetary Growth: Macro Foundations Book + PRICE WATCH * Amazon pricing is not included in price watch

The Dynamics of Keynesian Monetary Growth: Macro Foundations Book

This book is in the tradition of non-market-clearing approaches to macrodynamic economics. It shows for the first time that macrodynamics can be developed and investigated in a systematic fashion, leading to coherent models of fluctuation growth. This differs considerably from the microfounded full equilibrium approaches which are currently fashionable. Using sophisticated mathematical tools, it investigates complex macrodynamic feedback mechanisms in a systematic way, showing how macrodynamics can be developed in a hierarchical way from economically simple structures to more advanced ones.Read More

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  • 0521643511
  • 9780521643511
  • Carl Chiarella, Peter Flaschel
  • 3 August 2000
  • Cambridge University Press
  • Hardcover (Book)
  • 434
  • illustrated edition
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