£84.17

Springer Growth and Business Cycles with Equilibrium Indeterminacy: 13 (Advances in Japanese Business and Economics, 13)

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Description

Over the past two decades, the issue of equilibrium indeterminacy has been one of the major research concerns in macroeconomic dynamics. Growth and Business Cycles with Equilibrium Indeterminacy discusses the main topics in this literature. Based on comprehensive surveys and the author’s original research, this book explores sunspot-driven fluctuations in real business cycle models, multiple equilibria in endogenous growth models, and the stabilization effects of fiscal and monetary policy rules. The book also considers equilibrium indeterminacy in open economy models.

Key Features

Growth and Business Cycles with Equilibrium Indeterminacy Advances in Japanese Business and Economics

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
07 September 2016
Listed Since
12 March 2015

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