Macroeconomic Policy Analysis: Open Economies with Quantity Constraints - Image 1

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Cambridge University Press Macroeconomic Policy Analysis: Open Economies with Quantity Constraints

Name: Macroeconomic Policy Analysis: Open Economies with Quantity Constraints
Brand: Cambridge University Press
Price: 62.0 GBP
Availability: InStock

Macroeconomics

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Description

This book introduces the concept of public sector rationing in asset markets and provides a 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. Review "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 Book Description This book introduces the concept of public sector rationing in asset markets and provides a non-Walrasian approach to macroeconomic policy analysis.

Product Specifications

Brand: Cambridge University Press
Format: hardcover
ASIN: 0521343879
Category: Books > Subjects > Business, Finance & Law > Economics > Macroeconomics
Domain: Amazon UK
Release Date: 27 January 1989
Listed Since: 16 December 2006

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Cambridge University Press Macroeconomic Policy Analysis: Open Economies with Quantity Constraints

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