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policy, and political economy. The book merges macroeconomic growth models with elements of political economic theory to …
Persistent link: https://www.econbiz.de/10012397691
Macroeconomics is the application of economic theory to the study of the economy’s growth, cycle and price … -- Chapter 11: Monetary Theory and Policy -- Part IV: Mathematical Appendix -- Appendix A: Differential Equations -- Appendix B …: Optimal Control Theory -- Appendix C: Finite Difference Equations …
Persistent link: https://www.econbiz.de/10012396898
Although Asia has been the world engine of economic growth since World War II, growth rates have differed sharply among the countries of the region. Still, all Asian countries have experienced some degree of growth limitation. Japan is facing the crucial issue of a quickly aging and shrinking...
Persistent link: https://www.econbiz.de/10012396978
This book identifies the key sources of growth that have played a significant role in Africa's recent robust growth as well as its efforts towards economic transformation. The chapters assess to what extent the existing macroeconomic frameworks among African countries have been streamlined to...
Persistent link: https://www.econbiz.de/10012397284
. Dr. David Audretsch, Institute of Development Strategies, Indiana University, Bloomington, USA …
Persistent link: https://www.econbiz.de/10014015399
Modern macroeconomics suffers from an unclear link between short-term Keynesian analysis and long-term growth modelling. This book presents a new link between monetary analysis and growth modelling in open economies. Structural change, innovations and growth are considered from a new...
Persistent link: https://www.econbiz.de/10013520656
dependency and macroeconomics in terms of both theory and applications. The volume examines how path dependency is linked with …
Persistent link: https://www.econbiz.de/10012106218
This book is the thirteenth volume in the International Papers in Political Economy (IPPE) series which explores the latest developments in political economy. A collection of eight papers, the book concentrates on the deregulation of domestic financial markets and discusses financial...
Persistent link: https://www.econbiz.de/10012397221
This book examines the paradox that resource-rich countries often struggle to manage their resources in a way that will help their economies thrive. It looks at how a country's political regime and quality of governance can determine the degree to which it benefits - or suffers - from having...
Persistent link: https://www.econbiz.de/10012397514
theory. This theory adopts three postulates: rational expectations, perfect price flexibility, and exclusion of the money in … author unifies Keynesian and monetarist theories within the same framework. The book applies the above basic theory to … international macroeconomics and economic growth theory. New Keynesian theory contains logical inconsistencies: menu costs that have …
Persistent link: https://www.econbiz.de/10012402033