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Stability Of Equilibria In The Overlapping Generations Model With Endogenous Labor Supply
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Book Synopsis Foundations of Modern Macroeconomics by : Ben J. Heijdra
Download or read book Foundations of Modern Macroeconomics written by Ben J. Heijdra and published by Oxford University Press. This book was released on 2017 with total page 937 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using nothing more than undergraduate mathematical skills this book takes the reader from basic IS-LM style macro models to the state of the art literature on Dynamic Stochastic General Equilibrium. Dealing with all major topics it summarizes important approaches and provides a coherent angle on macroeconomic thought.
Author :Compiled by the British Library of Political and Economic Science Publisher :Psychology Press ISBN 13 :9780415284011 Total Pages :708 pages Book Rating :4.2/5 (84 download)
Book Synopsis Ibss: Economics: 2001 by : Compiled by the British Library of Political and Economic Science
Download or read book Ibss: Economics: 2001 written by Compiled by the British Library of Political and Economic Science and published by Psychology Press. This book was released on 2002-12 with total page 708 pages. Available in PDF, EPUB and Kindle. Book excerpt: IBSS is the essential tool for librarians, university departments, research institutions and any public or private institution whose work requires access to up-to-date and comprehensive knowledge of the social sciences.
Book Synopsis Journal of Economic Dynamics & Control by :
Download or read book Journal of Economic Dynamics & Control written by and published by . This book was released on 2001 with total page 1276 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Sunspots and Non-Linear Dynamics by : Kazuo Nishimura
Download or read book Sunspots and Non-Linear Dynamics written by Kazuo Nishimura and published by Springer. This book was released on 2016-12-03 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the state-of-the-art in non-linear dynamics and sunspots. These two topics have been the core of an international conference on instability and public policies in a globalized world, organized at Aix-Marseille School of Economics and GREQAM in honor of Jean-Michel Grandmont. He has made significant contributions on general equilibrium theory, monetary theory, learning, aggregation, non-linear dynamics and sunspots. This book assembles contributions by Jean-Michel Grandmont's colleagues, students and friends that have been influenced by his works and that are at the frontier of research in this domain today.
Book Synopsis Lectures on Macroeconomics by : Olivier Blanchard
Download or read book Lectures on Macroeconomics written by Olivier Blanchard and published by MIT Press. This book was released on 1989-03-21 with total page 674 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main purpose of Lectures on Macroeconomics is to characterize and explain fluctuations in output, unemployment and movement in prices. Lectures on Macroeconomics provides the first comprehensive description and evaluation of macroeconomic theory in many years. While the authors' perspective is broad, they clearly state their assessment of what is important and what is not as they present the essence of macroeconomic theory today.The main purpose of Lectures on Macroeconomics is to characterize and explain fluctuations in output, unemployment and movement in prices. The most important fact of modern economic history is persistent long term growth, but as the book makes clear, this growth is far from steady. The authors analyze and explore these fluctuations. Topics include consumption and investment; the Overlapping Generations Model; money; multiple equilibria, bubbles, and stability; the role of nominal rigidities; competitive equilibrium business cycles, nominal rigidities and economic fluctuations, goods, labor and credit markets; and monetary and fiscal policy issues. Each of chapters 2 through 9 discusses models appropriate to the topic. Chapter 10 then draws on the previous chapters, asks which models are the workhorses of macroeconomics, and sets the models out in convenient form. A concluding chapter analyzes the goals of economic policy, monetary policy, fiscal policy, and dynamic inconsistency. Written as a text for graduate students with some background in macroeconomics, statistics, and econometrics, Lectures on Macroeconomics also presents topics in a self contained way that makes it a suitable reference for professional economists.
Book Synopsis Nonlinear Labor Market Dynamics by : Michael Neugart
Download or read book Nonlinear Labor Market Dynamics written by Michael Neugart and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nonlinear Labor Market Dynamics discusses adjustment processes in labor markets. Contrary to linear-stochastic approaches this book is based on a non-linear deterministic framework. It is shown that even textbook-like-models of the labor market can generate long lasting adjustment processes, local instabilities, and chaotic movements, once nonlinear relationships and widely accepted adjustment rules are introduced. Thus, labor market dynamics may have an endogenous component that is governed by a nonlinear deterministic core. Of course, all results are tied to the particular models discussed in this book. Nevertheless, these models imply that by incorporating nonlinear relationships, one may arrive at an explanation of labor market behavior where linear stochastic approaches fell. Time series studies for German labor market data support this point of view.
Book Synopsis Macroeconomic Consequences of Demographic Change by : Sebastian Rausch
Download or read book Macroeconomic Consequences of Demographic Change written by Sebastian Rausch and published by Springer Science & Business Media. This book was released on 2009-04-03 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book represents a culmination of my Ph.D. research conducted at the Ruhr Graduate School in Economics and at the University of Duisburg-Essen from Oc- ber 2005 to April 2008. Many people have generously contributed their time, ex- rience and resources towards the success of this dissertation. First and foremost, I would like to thank Prof. Dr. Volker Clausen, a great sup- visor, who has always encouraged my work. It has been a pleasure to work under his excellent guidance. His steady engagement and support have provided me the kind of working environment that has proved to be instrumental in writing this thesis. I am also grateful to my second supervisor, Prof. Dr. Thomas F. Rutherford, who has inspired my work from the beginning. This thesis would de?nitely not have been possible without his innumerable and fundamental contributions in the area of c- putational economics. As a co-author of Chapter 2 of this thesis, he was a pleasure to collaborate with and learn from.
Book Synopsis Advances in Discrete Dynamical Systems by : Saber Elaydi
Download or read book Advances in Discrete Dynamical Systems written by Saber Elaydi and published by Advanced Studies in Pure Mathe. This book was released on 2009 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains the proceedings of talks presented at the 11th International Conference on Difference Equations and Applications (ICDEA 2006). ICDEA 2006 was held on July 2006 in Kyoto at the 15th MSJ International Research Institute. These proceedings comprise new results at the leading edge of many areas in difference equations and discrete dynamical systems and their various applications to the sciences, engineering, physics, and economics.
Book Synopsis Overlapping Generations by : Stephen E. Spear
Download or read book Overlapping Generations written by Stephen E. Spear and published by Emerald Group Publishing. This book was released on 2023-09-04 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 800 pound gorilla in the room of macroeconomics is the question of why the overlapping generations model didn’t become the central workhorse model for macroeconomics, as opposed to the neoclassical growth model. The authors here explore the co-evolution of the two models.
Book Synopsis Handbook of Macroeconomics by : Michael Woodford
Download or read book Handbook of Macroeconomics written by Michael Woodford and published by Elsevier. This book was released on 1999 with total page 822 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Theory of Economic Growth by : David de la Croix
Download or read book A Theory of Economic Growth written by David de la Croix and published by Cambridge University Press. This book was released on 2002-10-24 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an in-depth treatment of the overlapping generations model in economics incorporating production.
Author :British Library of Political and Economic Science Staff Publisher :Routledge ISBN 13 :9780415447171 Total Pages :664 pages Book Rating :4.4/5 (471 download)
Book Synopsis IBSS: Economics: 2006 Vol. 55 by : British Library of Political and Economic Science Staff
Download or read book IBSS: Economics: 2006 Vol. 55 written by British Library of Political and Economic Science Staff and published by Routledge. This book was released on 2007-10-31 with total page 664 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 2007. Routledge is an imprint of Taylor & Francis, an informa company.
Book Synopsis The Macroeconomics of Self-fulfilling Prophecies by : Roger E. A. Farmer
Download or read book The Macroeconomics of Self-fulfilling Prophecies written by Roger E. A. Farmer and published by MIT Press. This book was released on 1999 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: Farmer argues for the future of macroeconomics as a branch ofapplied general equilibrium theory. His main theme is thatmacroeconomics is best viewed as the study of equilibrium environmentsin which the welfare theorems break down.
Download or read book Finances Publiques written by and published by . This book was released on 2003 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis General Equilibrium, Overlapping Generations Models, and Optimal Growth Theory by : Truman F. Bewley
Download or read book General Equilibrium, Overlapping Generations Models, and Optimal Growth Theory written by Truman F. Bewley and published by Harvard University Press. This book was released on 2009-07-01 with total page 615 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an original exposition of general equilibrium theory for advanced undergraduate and graduate-level students of economics. It contains detailed discussions of economic efficiency, competitive equilibrium, the first and second welfare theorems, the Kuhn-Tucker approach to general equilibrium, the Arrow-Debreu model, and rational expectations equilibrium and the permanent income hypothesis. Truman Bewley also treats optimal growth and overlapping generations models as special cases of the general equilibrium model. He uses the model and the first and second welfare theorems to explain the main ideas of insurance, capital theory, growth theory, and social security. It enables him to present a unified approach to portions of macro- as well as microeconomic theory. The book contains problems sets for most chapters.
Book Synopsis Imperfect Competition and Sticky Prices by : N. Gregory Mankiw
Download or read book Imperfect Competition and Sticky Prices written by N. Gregory Mankiw and published by MIT Press. This book was released on 1991 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: These two volumes bring together a set of important essays that represent a "new Keynesian" perspective in economics today. This recent work shows how the Keynesian approach to economic fluctuations can be supported by rigorous microeconomic models of economic behavior. The essays are grouped in seven parts that cover costly price adjustment, staggering of wages and prices, imperfect competition, coordination failures, and the markets for labor, credit, and goods. An overall introduction, brief introductions to each of the parts, and a bibliography of additional papers in the field round out this valuable collection.Volume 1 focuses on how friction in price setting at the microeconomic level leads to nominal rigidity at the macroeconomic level, and on the macroeconomic consequences of imperfect competition, including aggregate demand externalities and multipliers. Volume 2 addresses recent research on non-Walrasian features of the labor, credit, and goods markets. Contributors George A Akerlof, Costas Azariadis, Laurence Ball, Ben S. Bernanke, Mark Bits, Olivier J. Blanchard, Alan S. Blinder, John Bryant, Andrew S. Caplin, Dennis W. Carlton, Stephen G. Cecchetti, Russell Cooper, Peter A. Diamond, Gary Fethke, Stanley Fischer, Robert E. Hall, Oliver Hart, Andrew John, Nobuhiro Kiyotaki, Alan B. Krueger, David M. Lilien, Ian M. McDonald, N. David Mankiw, Arthur M. Okun, Andres Policano, David Romer, Julio J. Rotemberg, Garth Saloner, Carl Shapiro, Andrei Shleifer, Robert M. Solow, Daniel F. Spulber, Joseph E. Stiglitz, Lawrence H. Summers, John Taylor, Andrew Weiss, Michael Woodford, Janet L. Yellen
Book Synopsis Journal of Economic Theory by : Karl Shell
Download or read book Journal of Economic Theory written by Karl Shell and published by . This book was released on 2001 with total page 738 pages. Available in PDF, EPUB and Kindle. Book excerpt:
