Mit Press Ltd

Mit Press Ltd - Dynamic macroeconomics | george alogoskoufis

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• An advanced treatment of modern macroeconomics
• Presented through a sequence of dynamic equilibrium models
• With discussion of the implications for monetary and fiscal policy
• This textbook offers an advanced treatment of modern macroeconomics
• Presented through a sequence of dynamic general equilibrium models based on intertemporal optimization on the part of economic agents
• The book treats macroeconomics as applied and policy-oriented general equilibrium analysis
• Examining a number of models
• Each of which is suitable for investigating specific issues but may be unsuitable for others
• After presenting a brief survey of the evolution of macroeconomics and the key facts about long-run economic growth and aggregate fluctuations
• The book introduces the main elements of the intertemporal approach through a series of two-period competitive general equilibrium models-the simplest possible intertemporal models