Contemporary macroeconomic fluctuations
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Contemporary macroeconomic fluctuations an international perspective by Blackburn, Keith.

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Published by University of Southampton, Dept.of Economics in Southampton .
Written in English


Book details:

Edition Notes

StatementKeith Blackburn and Morten O. Ravn.
SeriesDiscussion papers in economics and econometrics -- no.9106
ContributionsRavn, Morten Overgaard., University of Southampton. Department of Economics.
ID Numbers
Open LibraryOL17879424M

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In this edited collection, Joseph Stiglitz and Martin Guzman present a series of studies on contemporary macroeconomic issues. The book discusses a set of key lessons for macroeconomic theory following the recent global financial crisis and explores unconventional monetary policy in a post-crisis world.   An advanced treatment of modern macroeconomics, presented through a sequence of dynamic equilibrium models, with discussion of the implications for monetary and fiscal policy. a brief survey of the evolution of macroeconomics and the key facts about long-run economic growth and aggregate fluctuations, the book introduces the main elements 5/5(2). In this edited collection, Joseph Stiglitz and Martin Guzman present a series of studies on contemporary macroeconomic issues. The book discusses a set of key lessons for macroeconomic theory following the recent global financial crisis and explores unconventional monetary policy in a post-crisis world. This volume is divided into five parts. This is the second volume of the proceedings of the IEA Congress in Athens. Part 1 on macroeconomics considers aspects of unemployment, both generally in a Keynesian framework and in more detail, while Part 2 discusses international aspects of macroeconomic fluctuations and macroeconomic equilibrium associated with the development of the European Community.

CHAPTER VI. EMPLOYMENT AND THE DEMAND FOR CAPITAL was published in The Theory of Fluctuations in Contemporary Economic Thought on page A textbook that approaches modern macroeconomics through its microeconomic foundations, with an emphasis on financial market connections and policy applications. The modern study and analysis of macroeconomics begins by considering how microeconomic units—consumers and firms—make decisions, and then investigates how these choices interact to yield economy-wide outcomes. CHAPTER I. INTRODUCTION was published in The Theory of Fluctuations in Contemporary Economic Thought on page The upward-sloping line summarizes the data by finding the line that best fits the scatter of points. This is called a line of best fit or a linear regression a line of best fit is upward sloping, it means that higher values of the variable on the horizontal axis (in this case the rise in unemployment) are associated with higher values of the variable on the vertical axis (in this.

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