The Macroeconomics of Imperfect Competition and Nonclearing Markets : A Dynamic General Equilibrium Approach

B�nassy, Jean-Pascal

ISBN 10: 0262524368 ISBN 13: 9780262524360

Editorial: The MIT Press., Cambridge, Massachusetts, U.S.A., 2003

Idioma: Ingl�s

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New condition. Publisher's stamp on bottom of page block. Illustrated with text-figures. T.

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Detalles bibliogr�ficos

T�tulo

The Macroeconomics of Imperfect Competition and Nonclearing Markets : A Dynamic General Equilibrium Approach

Editor

The MIT Press., Cambridge, Massachusetts, U.S.A.

Fecha de publicaci�n

2003

Idioma

Ingl�s

ISBN 10

0262524368

ISBN 13

9780262524360

Encuadernaci�n

paperback

Edici�n

First Edition.

Estado

New

Estado de la sobrecubierta

No Dust Jacket

Tipo de libro

Used

Cat�logos de vendedores

Mathematics/Accounting

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Sinopsis

In this book, Jean-Pascal Benassy attempts to integrate into a single unified framework dynamic macroeconomic models reflecting such diverse lines of thought as general equilibrium theory, imperfect competition, Keynesian theory, and rational expectations. He begins with a simple microeconomic synthesis of imperfect competition and nonclearing markets in general equilibrium under rational expectations. He then applies this framework to a large number of dynamic macroeconomic models, covering such topics as persistent unemployment, endogenous growth, and optimal fiscal-monetary policies. The macroeconomic methodology he uses is similar in spirit to that of the popular real business cycles theory, but the scope is much wider. All of the models are solved "by hand," making the underlying economic mechanisms particularly clear.

Acerca del autor

Jean-Pascal Benassy is Director of Research at CNRS (National Center for Scientific Research), Paris, and a Research Fellow at CEPREMAP (Center for Economic Research and Applications). He is the author of The Macroeconomics of Imperfect Competition and Nonclearing Markets: A Dynamic General Equilibrium Approach (MIT Press, 2002).

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