Growth and Business Cycles with Equilibrium Indeterminacy

AvKazuo Mino

Inbunden, Engelska, 2017

Del 13 i serien Advances in Japanese Business and Economics

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Beskrivning

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.

Produktinformation

Utgivningsdatum:2017-07-18
Mått:155 x 235 x 19 mm
Vikt:535 g
Format:Inbunden
Språk:Engelska
Serie:Advances in Japanese Business and Economics
Antal sidor:230
Upplaga:17001
Förlag:Springer Verlag, Japan
ISBN:9784431556084

Utforska kategorier

Makroekonomi inom Ekonomi och Ledarskap

Mer om författaren

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.

Innehållsförteckning

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.