Quantitative and empirical analysis of nonlinear dynamic macromodels
This book represents an ongoing research agenda the aim of which is to contribute to the Keynesian paradigm in macroeconomics. A currently dominant research strategy in macroeconomics is based on the Dynamic General Equilibrium (DGE) model. Its essential features are the assumption of intertemporal...
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| Other Authors | , , , |
|---|---|
| Format | Electronic eBook |
| Language | English |
| Published |
Bingley, U.K. :
Emerald,
2006.
|
| Series | Contributions to economic analysis ;
v. 277. |
| Subjects | |
| Online Access | Full text |
| ISBN | 9781849508353 |
| ISSN | 0573-8555 ; |
| DOI | 10.1016/S0573-8555(2006)277 |
| Physical Description | 1 online resource (xvi, 546 p.). |
Cover
Table of Contents:
- Introduction / Carl Chiarella, Peter Flaschel, Reiner Franke, Willi Semmler
- New Keynesian theory and the new Phillips curves : a competing approach / Peter Flaschel, Ekkehart Schlicht
- Keynesian theory and the AD-AS framework : a reconsideration / Amitava Krishna Dutt, Peter Skott
- AD-AS and the phillips curve : a baseline disequilibrium model / Toichiro Asada, Pu Chen, Carl Chiarella, Peter Flaschel
- Keynesian macrodynamics and the Phillips curve : an estimated model for the U.S. economy / Pu Chen, Carl Chiarella, Peter Flaschel, Willi Semmler
- Advanced Keynes Metzler Goodwin macro modeling : a calibration study / Reiner Franke
- A stochastic model of real-financial interaction with boundedly rational heterogeneous agents / Carl Chiarella, Peter Flaschel, Xue-Zhong He, Hing Hung
- A high-dimensional model of real-financial market interaction : the cascade of stable matrices approach / Carl Chiarella, Peter Flaschel, Reiner Franke, Willi Semmler
- Currency crisis, financial crisis, and large output loss / Peter Flaschel, Willi Semmler
- Wage price Phillips curves and macroeconomic stability : basic structural form, estimation and analysis / Peter Flaschel, Hans-Martin Krolzig
- Prosperity and stagnation in capitalist economies / Toichiro Asada, Peter Flaschel, Peter Skott
- Keynesian dynamics without the LM curve : implications of underlying open market operations / Reiner Franke
- Nonlinear Phillips curves, endogenous NAIRU and monetary policy / Willi Semmler, Wenlang Zhang
- Three wage-price macro models and their calibration / Reiner Franke
- Inflation targeting policy in a dynamic Keynesian model with debt accumulation : a Japanese perspective / Toichiro Asada
- The decomposition of the inflation unemployment relationship by time scale using wavelets / Marco Gallegati, James B. Ramsey, Mauro Gallegati, Willi Semmler.