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Wickens M. Macroeconomic Theory. A Dynamic General Equilibrium Approach

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Wickens M. Macroeconomic Theory. A Dynamic General Equilibrium Approach
Учебник, 2008. - 489 с.
Macroeconomic Theory is the most up-to-date graduate-level macroeconomics textbook available today. This book truly offers something new by emphasizing the general equilibrium character of macroeconomics to explain effects across the whole economy, not just part. It is also the perfect resource for economists who need to brush up on the latest developments.
Table of contents
Preface
Introduction
Dynamic General Equilibrium versus Traditional Macroeconomics
Traditional Macroeconomics
Dynamic General Equilibrium Macroeconomics
This Book
The Centralized Economy
Introduction
The Basic Dynamic General Equilibrium Closed Economy
Golden Rule Solution
The Steady State
The Dynamics of the Golden Rule
Optimal Solution
Derivation of the Fundamental Euler Equation
Interpretation of the Euler Equation
Intertemporal Production Possibility Frontier
Graphical Representation of the Solution
Static Equilibrium Solution
Dynamics of the Optimal Solution
Algebraic Analysis of the Saddlepath Dynamics
Real-Business-Cycle Dynamics
The Business Cycle
Permanent Technology Shocks
Temporary Technology Shocks
The Stability and Dynamics of the Golden Rule Revisited
Labor in the Basic Model
Investment
q-Theory
Time to Build
Conclusions
Economic Growth
Introductio
Modeling Economic Growth
The Solow–Swan Model of Growth
Theory
Growth and Economic Development
The Decentralized Economy
Government: Expenditures and Public Finances
Fiscal Policy: Further Issues
The Open Economy
The Monetary Economy
Imperfectly Flexible Prices
Asset Pricing and Macroeconomics
Financial Markets
Nominal Exchange Rates
Monetary Policy
Real Business Cycles, DGE Models, and Economic Fluctuations
Mathematical Appendix
References
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