Xem 1-4 trên 4 kết quả Keynesian dynamics
  • This is a short book. It aims to get across the essential elements of dynamics that are used in modern treatments of the subject. More significantly, it aims to do this through the means of examples. Some of these examples are purely algebraic. But many others consider economic models: both microeconomic and macroeconomic. Macroeconomics is replete with dynamic models – some simple and others quite complex. But this is not true of microeconomics.

    pdf237p kimngan_1 06-11-2012 21 6   Download

  • The Santa Fe Institute (SFI) is interested in understanding evolving complex social, biological, and physical adaptive systems in a most general sense (see Cowan et al. 1994). Those of us at SFI interested in the evolution of social behavior have tended to focus on either small-scale societies or on specific aspects of more complex societies, such as the economy.

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  • For the past fifteen years the New Keynesian model has served as a frame of reference for analyses of fluctuations and stabilization policies.1 That framework has allowed the rigor and internal consistency of dynamic general equilibrium models to be combined with typically Keynesian assumptions, like monopolistic competition and nominal rigidities, thus setting the stage for a meaningful, welfarebased analysis of the effects of alternative monetary policy rules.

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  • What a difference a few years can make! The financial crisis that engulfed mature economies in the late 2000s has prompted much soul searching. Economists are now trying hard to incorporate financial factors into standard macroeconomic models. However, the prevailing, in fact almost exclusive, strategy is a conservative one. It is to graft additional so-called financial “frictions” on otherwise fully well behaved equilibrium macroeconomic models, built on real-business-cycle foundations and augmented with nominal rigidities.

    pdf848p mebachano 01-02-2013 12 2   Download

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