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VDM Verlag Newkeynesian models for monetary policy analysis under sticky prices: A nonlinear approach

Name: Newkeynesian models for monetary policy analysis under sticky prices: A nonlinear approach
Brand: VDM Verlag
Price: 47.0 GBP
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Economics

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In literature, several works are focused on monetary policy models whose aim is the analysis of the stability of systems where private sector expectations are involved. The macroeconomic context is represented by a forward-looking model, derived from a dynamic stochastic general equilibrium framework where the agents behave optimally. The largest part of these models are presented as a simplified version of a more general context, obtained by log-linearizing the equilibrium relations in order to study small fluctuations around the steady-state. This book, departing from this starting point, tries to go beyond the log-linearized model, providing a nonlinear framework in order to establish the conditions for a unique path converging to the steady-state stationary solution, either the so called determinacy.

Product Specifications

Brand: VDM Verlag
Format: paperback
ASIN: 363928416X
Category: Books > Subjects > Business, Finance & Law > Economics
Domain: Amazon UK
Release Date: 10 February 2011
Listed Since: 14 February 2011

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VDM Verlag Newkeynesian models for monetary policy analysis under sticky prices: A nonlinear approach

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It has never been this cheap. We have no record of a lower price.

VDM Verlag Newkeynesian models for monetary policy analysis under sticky prices: A nonlinear approach

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Price Distribution

Price Analysis

Description

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