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Macroeconomic Policy Analysis

Open Economies with Quantity Constraints

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Hardcover | 17 April 1989

At a Glance

Hardcover
84 Pages

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22.86 x 15.24 x 0.79

Hardcover

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This book introduces the concept of public sector rationing in asset markets and provides a modern non-Walrasian approach to macroeconomic policy analysis. The detailed treatment of credit rationing regimes makes this work particularly relevant to economies where the interest rate is regulated. Other topics covered include the disaggregation of the government into the treasury and the central bank, the specification behavior of households, firms, and the central bank as intertemporal optimizers. The book provides models that can be easily extended to take into account both institutional and economic structures of all economies and the particular needs of the policy analysts before empirical implementation.

Industry Reviews

"This book is a gem, and should have a large impact on the profession. I myself have been returning to an old interest of mine--incorporating financial and macroeconomic considerations into computable general equilibrium models. After an exhaustive survey of the relevant literature, I find the framework proposed in this book the most useful." Irma Adelman, University of California, Berkeley

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Non-Fiction Economics Political Economy Macroeconomics

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Paperback

Published: 23rd July 2009

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List of tables
Preface
Acknowledgements
Introduction
Firms rationed in the credit market
Household rationed in the credit market
Households and firms rationed in the credit market
Central-bank portfolio selection and stabilization policies
Summary
Appendix: Monetary and fiscal policies with a flexible interest rate
Selected bibliography
Table of Contents provided by Publisher. All Rights Reserved.

Macroeconomic Policy Analysis

Open Economies with Quantity Constraints

At a Glance

Hardcover

Industry Reviews

Shipping

How to return your order

Defective items

You Can Find This Book In

Other Editions and Formats

Paperback

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