000 -LEADER |
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01518 a2200229 4500 |
005 - DATE AND TIME OF LATEST TRANSACTION |
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20180116101936.0 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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180116b xxu||||| |||| 00| 0 eng d |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER |
ISBN |
9783319601489 |
040 ## - CATALOGING SOURCE |
Transcribing agency |
IIT Kanpur |
041 ## - LANGUAGE CODE |
Language code of text/sound track or separate title |
eng |
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER |
Classification number |
330.1 |
Item number |
B634m |
100 ## - MAIN ENTRY--AUTHOR NAME |
Personal name |
Bohm, Volker |
245 ## - TITLE STATEMENT |
Title |
Macroeconomic theory |
Statement of responsibility, etc |
Volker Bohm |
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
Name of publisher |
Springer |
Year of publication |
2017 |
Place of publication |
Switzerland |
300 ## - PHYSICAL DESCRIPTION |
Number of Pages |
xvii, 423p |
440 ## - SERIES STATEMENT/ADDED ENTRY--TITLE |
Title |
Springer texts in business and economics |
520 ## - SUMMARY, ETC. |
Summary, etc |
This textbook offers a unique approach to macroeconomic theory built on microeconomic foundations of monetary macroeconomics within a unified framework of an intertemporal general equilibrium model extended to a sequential and dynamic analysis. It investigates the implications of expectations and of stationary fiscal policies on allocations, on the quantity of money, and on the dynamic evolution of the economy with and without noise. The text contrasts and compares the two main competing approaches in macroeconomics within the same intertemporal model of a closed monetary economy: the one postulating full price flexibility to guarantee equilibrium in all markets at all times under perfect foresight or rational expectations, versus the so called disequilibrium approach where trading occurs at non- market-clearing prices and wages when these adjust sluggishly from period to period in response to market disequilibrium signals. |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical Term |
Macroeconomics |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical Term |
Economics |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical Term |
Keynesian economics |
942 ## - ADDED ENTRY ELEMENTS (KOHA) |
Koha item type |
Books |