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Market Behaviour and Macroeconomic Modelling - Steven Brakman

Market Behaviour and Macroeconomic Modelling

By: Steven Brakman (Editor), Hans van Ees (Editor)

Hardcover

Published: 22nd July 1998
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  • Paperback View Product Published: 1st January 1998
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Market Behaviour and Macroeconomic Modelling discusses several state-of-the-art developments in the modelling approach to market behaviour in macroeconomic modelling. Leading experts in this field, deal with the implications of market imperfections in commodity markets, capital markets and labour markets for macroeconomic modelling and stabilization policy. They demonstrate that incorporating market imperfections leads to very different policy recommendations than those derived from the standard perfect competition model.

Preface
Notes on the Contributors
The Multiplier in an Economy with Monopolistic Output Markets and Competitive Labor Markets
Imperfect and Aggregate Price Equations
A Critical Assessment of the Role of Imperfect Competition in Macroeconomics
An International Comparative Analysis of the state of Competition
The Importance of Credit for Macroeconomic Activity: Identification Through Heterogeneity
Investment and Debt Constraints: Evidence from Dutch and Panel Data
Sticky Consumption and Rigid Wages
Structural Aspects of the Labor Markets of Five OECD Countries
Short Run Rigidities and Long-Run Equilibrium in Large-Scale Macroeconomic Models
High and Low Skilled Labor in a Macroeconometric Model of the Netherlands
Uses and Limitations of Public Debt
Capital Income Taxation and the Sustainability of Permanent Primary Deficits
Policy Implications of Endogenous Growth Models
Modeling Government Investment and Economic Growth on a Macro Level: A Review
Index
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780333718360
ISBN-10: 0333718364
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 416
Published: 22nd July 1998
Publisher: Palgrave Macmillan
Country of Publication: GB
Dimensions (cm): 21.6 x 14.0  x 3.6
Weight (kg): 0.7
Edition Number: 1