Topics in Applied Macrodynamic Theory

This book presents topics in applied dynamic macrotheory for closed and open economies. The authors give an advanced treatment of macroeconomic topics such as the Phillips curve, forward and backward looking behavior, open economy macrodynamics, structural macroeconometric model building as well as...

Full description

Bibliographic Details
Main Authors: Flaschel, Peter, Groh, Gangolf (Author), Proano, Christian (Author), Semmler, Willi (Author)
Format: eBook
Language:English
Published: Berlin, Heidelberg Springer Berlin Heidelberg 2008, 2008
Edition:1st ed. 2008
Series:Dynamic Modeling and Econometrics in Economics and Finance
Subjects:
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Table of Contents:
  • Period Models, Continuous Time and Applied Macrodynamics
  • Period Models, Continuous Time and Applied Macrodynamics
  • The Closed Economy
  • The AS–AD Framework: Origins, Problems and Progress
  • Wage–Price Dynamics: Basic Structural Form, Estimation and Analysis
  • Estimation and Analysis of an Extended AD–AS Model
  • Linking Goods with Labor Markets: Okun’s Law and Beyond
  • The Open Economy
  • Exchange Rate and Stock Market Dynamics in a Two-Country Model
  • Macroeconomic Imbalances and Inflation Dynamics in a Mundell-Fleming-Tobin Framework
  • Currency Crises, Credit Rationing and Monetary Policy in Emerging Markets
  • Keynesian Dynamics and International Linkages in a Two-Country Model
  • Outlook: Supply Constraints in Demand-Driven Macromodels