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Understanding Consumption

Author: Angus Deaton
Publisher: Oxford University Press
ISBN: 0198288247
Size: 43.20 MB
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An overview of the saving and consumption patterns of households

Understanding Dsge Models

Author: Celso Jose Costa Junior
Publisher: Vernon Press
ISBN: 1622730380
Size: 44.21 MB
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While the theoretical development of DSGE models is not overly difficult to understand, practical application remains somewhat complex. The literature on this subject has some significant obscure points. This book can be thought of, firstly, as a tool to overcome initial hurdles with this type of modeling. Secondly, by showcasing concrete applications, it aims to persuade incipient researchers to work with this methodology. In principle, this is not a book on macroeconomics in itself, but on tools used in the construction of this sort of models. It strives to present this technique in a detailed manner, thereby providing a step by step course intended to walk readers through this otherwise daunting process. The book begins with a basic Real Business Cycle model. Subsequently various frictions are gradually incorporated into a standard DSGE model: imperfect competition; frictions in prices and in wages ; habit formation; non-Ricardian agents; adjustment cost in investment; costs of not using the maximum installed capacity; and finally, Government.


Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110506041
Size: 52.87 MB
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Das Jahrbuch ORDO ist seit ber 50 Jahren ein Zentralort der wissenschaftlichen und politischen Diskussion aus dem Konzept der Marktwirtschaft und des Wettbewerbs heraus. Durch dieses Jahrbuch wurde der Begriff Ordoliberalismus zum festen Begriff. Er steht fr ein Grundkonzept, das erfolgreiche wirtschaftliche Entwicklung, eine freiheitliche Wirtschaft und Gesellschaft ohne Dominanz von Staatseingriffen und das Recht auf persnliche Verantwortung in Wirtschaft und Gesellschaft in einem unauflslichen Zusammenhang sieht.

Globalization And Regional Economic Modeling

Author: Russel Cooper
Publisher: Springer Science & Business Media
ISBN: 3540724443
Size: 44.96 MB
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Globalization affects regional economies in a broad spectrum of aspects, from labor market conditions and development policies to climate change. This volume, written by an international cast of eminent regional scientists, provides new tools for analyzing the enormous changes in regional economies due to globalization. It offers timely conceptual refinements for regional analysis.

Economics And Ageing

Author: José Luis Iparraguirre
Publisher: Springer
ISBN: 3319932489
Size: 29.68 MB
Format: PDF
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This upper level textbook provides a coherent introduction to the economic implications of individual and population ageing. Placing economic considerations into a wider social sciences context, this is ideal reading not only for advanced undergraduate and masters students in economics, health economics and the economics of ageing, but also policy makers, students, professionals and practitioners in gerontology, sociology, health-related sciences and social care. This volume introduces the different conceptualisations of age and definitions of `old age', as well as the main theories of individual ageing as developed in the disciplines of biology, psychology and sociology. It covers the economic theories of fertility, mortality and migration and describes the four main frameworks that can be used to study economics and ageing, namely the life cycle, the overlapping generations, the perpetual youth and the dynastic models.

Economic Policy

Author: Agnès Bénassy-Quéré
Publisher: Oxford University Press, USA
ISBN: 0195322738
Size: 58.38 MB
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Is the inflation objective of the European central bank set too low? Is European national debt excessive? Is a fixed or floating exchange rate better? Which taxes should be reformed? Can the European standard of living catch up with that of the United States? This book, a translation of a book published in French (de Boeck, 2004), brings precisely argued answers to these questions using rigorous economic analysis. The authors join together for the first time in one volume the fundamentals of the macroeconomic field with analysis of current debates in economic policy. They take the point of view of a policy maker who must intervene in one particular aspect of policy, and thus they put the reader at the cutting edge of the main issues, debates and challenges related to each policy aspect. Economic Policy explores in an open-ended way what various existing theories, macro and micro, have to say on these current policies, and points out the limits of each theory. Overall, it demonstrates to the reader how he or she can build upon the combination of existing theories and also on common sense in order to design adequate policy responses. The work will appeal to a large audience, including students in economics, management, and political science graduate schools, and professional economists and policy makers interested in issues in macroeconomics.