Monetary and Fiscal Dynamics:
The analysis will be conducted within an IS-LM model augmen- ted by the dynamics of money wages, private capital and public debt. A macroeconomic shock induces an extended process of adjustment that is characterized by unemployment. This in turn requires a dynamic path of monetary and fiscal policy:...
Saved in:
| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Heidelberg
Physica-Verlag HD
1992
|
| Edition: | 1st ed. 1992 |
| Series: | Studies in Contemporary Economics
|
| Subjects: | |
| Online Access: | BTU01 Volltext |
| Summary: | The analysis will be conducted within an IS-LM model augmen- ted by the dynamics of money wages, private capital and public debt. A macroeconomic shock induces an extended process of adjustment that is characterized by unemployment. This in turn requires a dynamic path of monetary and fiscal policy: As a response to the shock, the central bank continuouslyadapts the quantity of money so as to keep up full employment all the time. And the government continuously accommodates its purchases of goods and services. Can this be sustained? Or will public debt tend to explode, thereby driving the stock of capial down to zero? |
| Physical Description: | 1 Online-Ressource (VIII, 194 p) |
| ISBN: | 9783642476891 |
| DOI: | 10.1007/978-3-642-47689-1 |
Staff View
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| id | DE-604.BV046874069 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T15:15:40Z |
| indexdate | 2024-07-10T08:56:13Z |
| institution | BVB |
| isbn | 9783642476891 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-032284201 |
| oclc_num | 863983111 |
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| physical | 1 Online-Ressource (VIII, 194 p) |
| psigel | ZDB-2-SBE ZDB-2-BAE ZDB-2-SBE_Archiv ZDB-2-SBE ZDB-2-SBE_Archiv |
| publishDate | 1992 |
| publishDateSearch | 1992 |
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| publisher | Physica-Verlag HD |
| record_format | marc |
| series2 | Studies in Contemporary Economics |
| spelling | Carlberg, Michael Verfasser aut Monetary and Fiscal Dynamics by Michael Carlberg 1st ed. 1992 Heidelberg Physica-Verlag HD 1992 1 Online-Ressource (VIII, 194 p) txt rdacontent c rdamedia cr rdacarrier Studies in Contemporary Economics The analysis will be conducted within an IS-LM model augmen- ted by the dynamics of money wages, private capital and public debt. A macroeconomic shock induces an extended process of adjustment that is characterized by unemployment. This in turn requires a dynamic path of monetary and fiscal policy: As a response to the shock, the central bank continuouslyadapts the quantity of money so as to keep up full employment all the time. And the government continuously accommodates its purchases of goods and services. Can this be sustained? Or will public debt tend to explode, thereby driving the stock of capial down to zero? Economics, general Economics Management science Makroökonomie (DE-588)4037174-8 gnd rswk-swf Dynamik (DE-588)4013384-9 gnd rswk-swf Geldpolitik (DE-588)4019902-2 gnd rswk-swf Fiskalpolitik (DE-588)4071234-5 gnd rswk-swf Makroökonomie (DE-588)4037174-8 s Dynamik (DE-588)4013384-9 s DE-604 Fiskalpolitik (DE-588)4071234-5 s Geldpolitik (DE-588)4019902-2 s Erscheint auch als Druck-Ausgabe 9783790806199 Erscheint auch als Druck-Ausgabe 9783642476914 https://doi.org/10.1007/978-3-642-47689-1 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Carlberg, Michael Monetary and Fiscal Dynamics Economics, general Economics Management science Makroökonomie (DE-588)4037174-8 gnd Dynamik (DE-588)4013384-9 gnd Geldpolitik (DE-588)4019902-2 gnd Fiskalpolitik (DE-588)4071234-5 gnd |
| subject_GND | (DE-588)4037174-8 (DE-588)4013384-9 (DE-588)4019902-2 (DE-588)4071234-5 |
| title | Monetary and Fiscal Dynamics |
| title_auth | Monetary and Fiscal Dynamics |
| title_exact_search | Monetary and Fiscal Dynamics |
| title_exact_search_txtP | Monetary and Fiscal Dynamics |
| title_full | Monetary and Fiscal Dynamics by Michael Carlberg |
| title_fullStr | Monetary and Fiscal Dynamics by Michael Carlberg |
| title_full_unstemmed | Monetary and Fiscal Dynamics by Michael Carlberg |
| title_short | Monetary and Fiscal Dynamics |
| title_sort | monetary and fiscal dynamics |
| topic | Economics, general Economics Management science Makroökonomie (DE-588)4037174-8 gnd Dynamik (DE-588)4013384-9 gnd Geldpolitik (DE-588)4019902-2 gnd Fiskalpolitik (DE-588)4071234-5 gnd |
| topic_facet | Economics, general Economics Management science Makroökonomie Dynamik Geldpolitik Fiskalpolitik |
| url | https://doi.org/10.1007/978-3-642-47689-1 |
| work_keys_str_mv | AT carlbergmichael monetaryandfiscaldynamics |