Die globale Ausrichtung der Makroökonomik ist der besondere Vorzug dieses Lehrwerks zweier weltberühmter Volkswirte. Für Grund- und Hauptstudium gleichermaßen zu empfehlen. Aus dem Inhalt: Grundlegende Konzepte der Makroökonomik. Bestimmung des Outputs. Konsum und Sparen. Investition....

This book sets forth both a theory and a comparative empirical analysis of stagflation, that peculiar combination of high unemployment, slow growth, and spurts of high inflation bedeviling the advanced industrial nations during the past fifteen years. The authors first construct a small...

The global financial crisis results from three factors: overly expansionary US monetary policy; inappropriate financial deregulation; and a financial panic following the bankruptcy of Lehman Brothers. Asia is now experiencing a serious downturn as the result of falling consumption and exports,...