This presentation of advanced macroeconomics emphasizes the dynamic behaviour of the economy.
Inhaltsverzeichnis
Preface; 1. A historical review; 2. Dynamic optimization; 3. Hicksian temporary equilibrium and comparative dynamics; 4. Rational-expectations models; 5. Equilibrium theories of Keynesian unemployment; 6. Savings and investment in Keynesian temporary equilibrium; 7. Markets for stocks in Keynesian temporary equilibrium; 8. Capital markets and money; 9. Stabilization policies; 10. Inflation; 11. The economics of social security; 12. Much ado about nothing?; 13. Concluding comments; Notes; References; Index.