Growth and Business Cycles with Equilibrium Indeterminacy - Kazuo Mino

Growth and Business Cycles with Equilibrium Indeterminacy

(Autor)

Buch | Softcover
230 Seiten
2018 | Softcover reprint of the original 1st ed. 2017
Springer Verlag, Japan
978-4-431-56667-0 (ISBN)
128,39 inkl. MwSt
Based on comprehensive surveys and the author’s original research, this book explores sunspot-driven fluctuations in real business cycle models, multiple equilibria in endogenous growth models, and the stabilization effects of fiscal and monetary policy rules.
Over the past two decades, the issue of equilibrium indeterminacy has been one of the major research concerns in macroeconomic dynamics. Growth and Business Cycles with Equilibrium Indeterminacy discusses the main topics in this literature. Based on comprehensive surveys and the author’s original research, this book explores sunspot-driven fluctuations in real business cycle models, multiple equilibria in endogenous growth models, and the stabilization effects of fiscal and monetary policy rules.  The book also considers equilibrium indeterminacy in open economy models. 

Kazuo Mino is a professor of Economics at Doshisha University and a professor emeritus of Kyoto University. He is the former president of the Japanese Economic Association and the former editor of the Japanese Economic Review. Prior to joining Doshisha University, he worked at Hiroshima, Tohoku, Kobe and Osaka Universities as well as at Kyoto Institute of Economic Research at Kyoto University. Mino has published extensively on various topics in macroeconomic theory including growth and business cycle models, monetary and fiscal policies and open economy macroeconomics.

Chapter 1: Overview: Equilibrium Indeterminacy in Macroeconomic Dynamics.- Chapter 2: Indeterminacy in Real Business Cycle Models.- Chapter 3: Indeterminacy in Endogenous Growth Models.- Chapter 4: Policy Rules and Indeterminacy.- Chapter 5: Indeterminacy in Open Economies.- Chapter 6: Alternative Sources of Indeterminacy.- Bibliography.- Index.

Erscheinungsdatum
Reihe/Serie Advances in Japanese Business and Economics ; 13
Zusatzinfo 22 Illustrations, black and white; XI, 230 p. 22 illus.
Verlagsort Tokyo
Sprache englisch
Maße 155 x 235 mm
Themenwelt Wirtschaft Allgemeines / Lexika
Wirtschaft Volkswirtschaftslehre Finanzwissenschaft
Wirtschaft Volkswirtschaftslehre Makroökonomie
ISBN-10 4-431-56667-8 / 4431566678
ISBN-13 978-4-431-56667-0 / 9784431566670
Zustand Neuware
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