Macroeconomic fluctuations and policies:
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| Main Author: | |
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| Other Authors: | |
| Format: | Book |
| Language: | English |
| Published: |
Cambridge, Massachusetts ; London, England
The MIT Press
[2019]
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| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | x, 344 Seiten Illustrationen, Diagramme |
| ISBN: | 9780262039550 |
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Record in the Search Index
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| adam_text | Contents Preface Chapter 1 ix Introduction: From Business-CycleMeasurement to Macroeconomic Theory 1 1.1 The Gross Domestic Product and Its Breakdown 2 1.2 Measuring Business-Cycle Fluctuations 5 1.3 Business Cycle Theory Parti Foundations: Aggregate Demand Chapter 2 Aggregate Demand Chapter 3 11 and Supply 17 19 2.1 The Real Interest Rates and the Macroeconomic Equilibrium 20 2.2 Private Consumption 22 2.3 Investment 32 2.4 Net Exports 34 2.5 Aggregation 2.6 Monetary Policy and Aggregate Demand 45 2.7 Exercises 48 2.8 Appendix: The Log-Linear IS Curve 50 of Expenditures Aggregate Supply 42 51 3.1 Firm Behavior 53 3.2 Labor Market Equilibrium 58 3.3 The Natural Equilibrium 61 3.4 Equilibrium 63 3.5 Empirical Evaluation of the AS Curve 71 3.6 Alternative Formulations of the AS Curve 73 3.7 Exercises 79 3.8 Appendix: Optimal Labor Supply 85 with Nominal Price Rigidities
vi j Contents Pärt il Business Cycles Chapter 4 AS-AD Equilibrium and the Propagation of Macroeconomic Shocks 89 4.1 Macroeconomic Equilibrium 90 4.2 Effect of an Aggregate Demand Shock 93 4.3 Effect of an Aggregate Supply Shock 98 4.4 Nominal Rigidities and the Nature 4.5 Chapter 5 87 of Business-Cycle Fluctuations 101 Exercises 104 Unemployment Fluctuations 5.1 The Dynamics of 109 Unemployment and WorkerFlows: Empirical Aspects 111 5.2 Search, Matching, and Equilibrium Unemployment 118 5.3 Macroeconomic Equilibrium 130 5.4 Exercises 134 Part III Conventional Macroeconomic Policies 141 Chapter 6 Monetary Policy 143 6.1 Monetary Policy Implementation 145 6.2 Optimal Monetary Policy 158 6.3 Expectations and Effectiveness 6.4 Chapter 7 of the Credibility and Monetary Policy Exercises 198 Fiscal Policy 203 7.1 Ricardian Equivalence 205 7.2 Fiscal Policy in General Equilibrium 216 7.3 The Government-Spending Multiplier 229 7.4 The Tax Multipliers 235 7.5 Exercises 242 UřiCONVĚfíTíONAl POUCiES Chapter8 178 247 The Liquidity Trap 249 8.1 The Financial Crisis and Aggregate Demand 250 8.2 The Zero Lower Bound 257 on the Short-Term Nominal Interest Rate
Contents Chapter 9 Chapter 10 і vii 8.3 The Liquidity Trap Paradoxes 268 8.4 Exercises 274 Unconventional Monetary Policies 277 9.1 Forward Guidance 278 9.2 Large-Scale Asset Purchases 288 9.3 Iconoclastic Monetary Policies 298 9.4 Exercises 304 Fiscal Policy and Structural Reforms in a Liquidity Trap 307 10.1 The General-Equilibrium AS-AD Model at the Zero Lower Bound 308 10.2 Fiscal Policy 311 in a Liquidity Trap 10.3 Structural Reforms in a Liquidity Trap 10.4 Exercises 10.5 Appendix: Derivation in a Liquidity Trap 323 326 of the General-Equilibrium AS-AD Model 328 References 331 Index 337
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| institution | BVB |
| isbn | 9780262039550 |
| language | English |
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| physical | x, 344 Seiten Illustrationen, Diagramme |
| publishDate | 2019 |
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| publisher | The MIT Press |
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| spelling | Challe, Edouard 1974- Verfasser (DE-588)171923464 aut Fluctuations et politiques macroéconomiques Macroeconomic fluctuations and policies Edouard Challe ; translated by Susan Emanuel Cambridge, Massachusetts ; London, England The MIT Press [2019] © 2019 x, 344 Seiten Illustrationen, Diagramme txt rdacontent n rdamedia nc rdacarrier Makroökonomie (DE-588)4037174-8 gnd rswk-swf Makroökonomie (DE-588)4037174-8 s DE-604 Emanuel, Susan 1950- (DE-588)1056145277 trl Digitalisierung UB Bamberg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=031255801&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Challe, Edouard 1974- Macroeconomic fluctuations and policies Makroökonomie (DE-588)4037174-8 gnd |
| subject_GND | (DE-588)4037174-8 |
| title | Macroeconomic fluctuations and policies |
| title_alt | Fluctuations et politiques macroéconomiques |
| title_auth | Macroeconomic fluctuations and policies |
| title_exact_search | Macroeconomic fluctuations and policies |
| title_full | Macroeconomic fluctuations and policies Edouard Challe ; translated by Susan Emanuel |
| title_fullStr | Macroeconomic fluctuations and policies Edouard Challe ; translated by Susan Emanuel |
| title_full_unstemmed | Macroeconomic fluctuations and policies Edouard Challe ; translated by Susan Emanuel |
| title_short | Macroeconomic fluctuations and policies |
| title_sort | macroeconomic fluctuations and policies |
| topic | Makroökonomie (DE-588)4037174-8 gnd |
| topic_facet | Makroökonomie |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=031255801&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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