The Dynamics of Keynesian Monetary Growth: Macro Foundations

ISBN: 9780521180184 出版年：2000 页码：435 Carl Chiarella Peter Flaschel Cambridge University Press

Originally published in 2000, this book is in the tradition of non-market-clearing approaches to macrodynamic approaches. It builds a series of integrated disequilibrium growth models of increasing complexity, which display the economic interaction between households, firms and government across labour, goods, money, bonds and equities markets. Chiarella and Flaschel demonstrate how macrodynamics can be developed in a hierarchical way from economically simple structures to more advanced ones. In addition it investigates complex macrodynamic feedback mechanisms.