ON ADVANCED OPEN ECONOMY MACROECONOMETRICS, Volume 1: Lectures

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International Finance and Open-Economy Macroeconomics Buch

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Registered: Olivier J Blanchard. Lectures on Macroeconomics provides the first comprehensive description and evaluation of macroeconomic theory in many years. While the authors' perspective is broad, they clearly state their assessment of what is important and what is not as they present the essence of macroeconomic theory today.

The main purpose of Lectures on Macroeconomics is to characterize and explain fluctuations in output, unemployment and movement in prices. The most important fact of modern economic history is persistent long term growth, but as the book makes clear, this growth is far from steady.

Lectures in Behavioral Macroeconomics

The authors analyze and explore these fluctuations. Topics include consumption and investment; the Overlapping Generations Model; money; multiple equilibria, bubbles, and stability; the role of nominal rigidities; competitive equilibrium business cycles, nominal rigidities and economic fluctuations, goods, labor and credit markets; and monetary and fiscal policy issues.

Each of chapters 2 through 9 discusses models appropriate to the topic. Written as a text for graduate students with some background in macroeconomics, statistics, and econometrics, Lectures on Macroeconomics also presents topics in a self contained way that makes it a suitable reference for professional economists. The s have witnessed a reconstruction of Keynesian macroeconomics on sound classical foundations. This is the definitive treaties that puts it all together. It will guide macroeconomists and their students toward the new century.


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Olivier Blanchard and Lawrence H. George Alogoskoufis. Search Search.


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  5. Search Advanced Search close Close. Preview Preview. Lectures on Macroeconomics By Olivier Blanchard and Stanley Fischer The main purpose of Lectures on Macroeconomics is to characterize and explain fluctuations in output, unemployment and movement in prices.

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    Lectures on Behavioral Macroeconomics

    Not for sale on the Indian subcontinent. Request Permissions Exam copy. Overview Author s Praise. Summary The main purpose of Lectures on Macroeconomics is to characterize and explain fluctuations in output, unemployment and movement in prices.