Monetary Policy and the German Unemployment Problem in Macroeconomic Models Theory and Evidence /

Having the high unemployment in Germany in mind, this book discusses how macroeconomic theory has evolved over the past forty years. It shows that in recent years a convergence has taken place, with modern models embodying a Keynesian transmission mechanism, monetarist policy implication, and modeli...

Πλήρης περιγραφή

Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριος συγγραφέας: Gottschalk, Jan (Συγγραφέας)
Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
Γλώσσα:English
Έκδοση: Berlin, Heidelberg : Springer Berlin Heidelberg, 2005.
Σειρά:Kieler Studien - Kiel Studies, 334
Θέματα:
Διαθέσιμο Online:Full Text via HEAL-Link
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100 1 |a Gottschalk, Jan.  |e author. 
245 1 0 |a Monetary Policy and the German Unemployment Problem in Macroeconomic Models  |h [electronic resource] :  |b Theory and Evidence /  |c by Jan Gottschalk. 
264 1 |a Berlin, Heidelberg :  |b Springer Berlin Heidelberg,  |c 2005. 
300 |a XX, 288 p.  |b online resource. 
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490 1 |a Kieler Studien - Kiel Studies,  |x 0340-6989 ;  |v 334 
505 0 |a Keynesian and Monetarist Views on the German Unemployment Problem -- The Rational Expectations Revolution -- Monetary Policy in the New Keynesian Model -- Introducing Nonlinearities into the New Keynesian Model -- Revisiting the Natural Rate Hypothesis -- Concluding Remarks. 
520 |a Having the high unemployment in Germany in mind, this book discusses how macroeconomic theory has evolved over the past forty years. It shows that in recent years a convergence has taken place, with modern models embodying a Keynesian transmission mechanism, monetarist policy implication, and modeling techniques inspired by new classical economics and real business cycle theory. It also probes in which direction models may be extended from here. Empirically, the book uses different econometric techniques to investigate the relevance and implications of different macroeconomic theories for German data. A key question this book investigates is the role of demand and supply side conditions for the increase in the German unemployment rate. On a policy level, the book relates the implications of the different theories to the ongoing debate on the appropriate roles of demand and supply side policies for curing the German unemployment problem. 
650 0 |a Macroeconomics. 
650 0 |a Labor economics. 
650 1 4 |a Economics. 
650 2 4 |a Macroeconomics/Monetary Economics//Financial Economics. 
650 2 4 |a Labor Economics. 
710 2 |a SpringerLink (Online service) 
773 0 |t Springer eBooks 
776 0 8 |i Printed edition:  |z 9783540256502 
830 0 |a Kieler Studien - Kiel Studies,  |x 0340-6989 ;  |v 334 
856 4 0 |u http://dx.doi.org/10.1007/3-540-37679-8  |z Full Text via HEAL-Link 
912 |a ZDB-2-SBE 
950 |a Business and Economics (Springer-11643)