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Routledge Temporary Equilibrium and Long-Run Equilibrium

Name: Routledge Temporary Equilibrium and Long-Run Equilibrium
Brand: Routledge
Price: 125.0 GBP
Availability: InStock

Econometrics

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Description

Explore advanced economic theory with this Routledge Revival edition of Temporary Equilibrium and Long-Run Equilibrium. Originally published in 1979, this text presents the Ph.D. thesis of Willem Buiter, a world-renowned economist and financial expert. This work provides a deep look into the relationship between short-term asset market movements and long-term economic growth. The book is structured into two comprehensive parts. Part I discusses three alternative specifications of temporary equilibria in asset markets and their specific implications for macroeconomic models. Part II shifts focus to examine the long-term implications of various short-term macroeconomic models. Readers will find a detailed analysis of the theoretical foundations regarding direct crowding out and indirect crowding out. This text serves as a vital resource for those studying the synthesis of short-term macroeconomic analysis and long-term growth theory. It is an essential addition to any academic library specializing in econometrics and economic modeling.

Key Features

Presents the original Ph.D. thesis of world-renowned economist and financial expert Willem Buiter.

Analyzes three alternative specifications of temporary equilibria in asset markets and their macroeconomic implications.

Provides a detailed examination of the long-term implications resulting from short-term macroeconomic models.

Offers a thorough analysis of the theoretical foundations of direct and indirect crowding out.

Synthesizes short-term macroeconomic analysis with long-term growth theory for a complete economic perspective.

Part of the Routledge Revivals series, bringing important historical economic research back to modern readers.

Product Specifications

Brand: Routledge
Format: hardcover
ASIN: 1138016683
Category: Books > Subjects > Business, Finance & Law > Economics > Econometrics
Domain: Amazon UK
Release Date: 19 March 2014
Listed Since: 10 October 2013

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Routledge Temporary Equilibrium and Long-Run Equilibrium

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