Quantitative and Empirical Analysis of Nonlinear Dynamic Macromodels

Quantitative and Empirical Analysis of Nonlinear Dynamic Macromodels

  • Carl Chiarella
  • Reiner Franke
  • Peter Flaschel
  • Willi Semmler
Publisher:Emerald Group PublishingISBN 13: 9780444521224ISBN 10: 0444521224

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Know about the book -

Quantitative and Empirical Analysis of Nonlinear Dynamic Macromodels is written by Carl Chiarella and published by Emerald Group Publishing. It's available with International Standard Book Number or ISBN identification 0444521224 (ISBN 10) and 9780444521224 (ISBN 13).

This book represents an ongoing research agenda the aim of which is to contribute to the Keynesian paradigm in macroeconomics. It examines the Dynamic General Equilibrium (DGE) model, the assumption of intertemporal optimizing behavior of economic agents, competitive markets and price mediated market clearing through flexible wages and prices.