Quantitative and empirical analysis of nonlinear dynamic macromodels

• Other Authors: Carl Chiarella, Reiner Franke, Peter Flaschel, Willi Semmler
• Format: Electronic eBook
• Language: English
• Published: Bingley, U.K. : Emerald, 2006.
• Series: Contributions to economic analysis ; v. 277.
• Subjects: Business & Economics > Economics > General.; Business & Economics > Economics > Macroeconomics.; Macroeconomics.

This book represents an ongoing research agenda the aim of which is to contribute to the Keynesian paradigm in macroeconomics. A currently dominant research strategy in macroeconomics is based on the Dynamic General Equilibrium (DGE) model. Its essential features are the assumption of intertemporal...