Growth and Business Cycles with Equilibrium Indeterminacy

• Κύριος συγγραφέας: Mino, Kazuo (Συγγραφέας)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Tokyo : Springer Japan : Imprint: Springer, 2017.
• Σειρά: Advances in Japanese Business and Economics, 13
• Θέματα: Economic theory.; Macroeconomics.; Economic growth.; Economics.; Macroeconomics/Monetary Economics//Financial Economics.; Economic Growth.; Economic Theory/Quantitative Economics/Mathematical Methods.
• Φυσική περιγραφή: XI, 230 p. 22 illus. online resource.
• ISBN: 9784431556091
• ISSN: 2197-8859 ;

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. .