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  • Obálka knihy  Temporary Equilibrium and Long-Run Equilibrium od Buiter Willem H., ISBN:  9781138016682 Obálka knihy  Temporary Equilibrium and Long-Run Equilibrium od Buiter Willem H., ISBN:  9781138016682

Temporary Equilibrium and Long-Run Equilibrium

This title presents the Ph.D. thesis of the world-renowned economist and financial expert, Willem Buiter. In Part I, three alternative specifications of temporary equilibria in asset markets, including their implications for macroeconomic models, are discussed. Part II examines the long-term implications of some short-term macroeconomic models. The analysis of the theoretical foundations of 'direct crowding out' and 'indirect crowding out' is particularly prominent, with the result that a synthesis of short-term macroeconomic analysis and long-term growth theory is formulated.
  • Langue: Anglais
  • Format: Broché
  • ISBN13 (EAN): 9781138016682
  • Catégorie: Monetary economics
  • Nombre de pages: 328
  • Dimension (mm): 216 x 138
  • Editeur: Taylor & Francis Ltd
  • Année d'édition: 2014

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Détails

This title presents the Ph.D. thesis of the world-renowned economist and financial expert, Willem Buiter. In Part I, three alternative specifications of temporary equilibria in asset markets, including their implications for macroeconomic models, are discussed. Part II examines the long-term implications of some short-term macroeconomic models. The analysis of the theoretical foundations of 'direct crowding out' and 'indirect crowding out' is particularly prominent, with the result that a synthesis of short-term macroeconomic analysis and long-term growth theory is formulated.
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