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, and politicians employ these behaviors, and what their social consequences are from an economic theory perspective. This … economics. Each topic can be seen as an application of simple economic theory to an unusual subject matter in economics. Thus …
Persistent link: https://www.econbiz.de/10012397238
Lukas Heim evaluates the performance of a price-level targeting rule compared to that of a standard inflation targeting rule. The comparison is based on a medium-scale DSGE model which has been estimated based on state-of-the-art Bayesian methods. The model for the Swiss economy is an expanded...
Persistent link: https://www.econbiz.de/10012819094
The quick recovery of Asian economies from recent recessions in comparison to the struggling American and European economies can be attributed in part to the positive aggregate-demand externalities of their self-employment sectors. This book presents a behavioural analysis of this effect, with a...
Persistent link: https://www.econbiz.de/10012053961
Dieses Lehrbuch zur makroökonomischen Theorie betrachtet die Einkommens- und Beschäftigungstheorie, die Analyse von … erzielten Aussagen und Ergebnisse insbesondere mit den Resultaten der Neo- und Neuklassik, des Monetarismus wie auch der Theorie …
Persistent link: https://www.econbiz.de/10014014318
The book introduces the New Keynesian framework, historically through a literature overview and through a step-by-step derivation of a New Keynesian Phillips curve, an intertemporal IS curve, and a targeting rule for the central bank. This basic version is then expanded by introducing cost and...
Persistent link: https://www.econbiz.de/10014020852
This volume contributes to empirical research on the role of national fiscal rules and institutions in shaping fiscal policies. It provides original, policy-oriented analysis on a number of questions and gives illuminating conclusions about the devices which promote sound and sustainable policy....
Persistent link: https://www.econbiz.de/10012106222
This book offers an essential guide to Public Finance and National Accounts in the context of the European Union. Since the creation of the Eurozone, fiscal policy has been at the heart of economic (but also political/media) discussions in the EU. From the Stability and Growth Pact (1997) to the...
Persistent link: https://www.econbiz.de/10012397042
This book provides a systematic account of financial crisis in the developing world by exploring how Minsky's theory …
Persistent link: https://www.econbiz.de/10012053874
Having the high unemployment in Germany in mind, this book discusses how macroeconomic theory has evolved over the past … business cycle theory. It also probes in which direction models may be extended from here. Empirically, the book uses different …
Persistent link: https://www.econbiz.de/10014014221
The thought-provoking book presents alternative viewpoints to mainstream macroeconomic theory, questions conventional … reflects the author's acknowledged command over the theory and practice of economic policies globally, and his decades of …New Consensus Macroeconomics(NCM): Theory -- NCM: Macroeconomic Policy Implications -- NCM : Implications for …
Persistent link: https://www.econbiz.de/10012396946