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Macroeconomics, second edition
An Integrated Approach
Taschenbuch von Alan J. Auerbach (u. a.)
Sprache: Englisch

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Beschreibung
Many undergraduate texts treat macroeconomics as a set of distinct topics rather than as a unified body of theory and empirical findings. In contrast, this text by Alan Auerbach and Laurence Kotlikoff uses a single analytic framework—the two-period life-cycle model—to explore and connect each of the major issues in contemporary macroeconomics. The model describes the evolution of the economy over time in terms of the behavior of overlapping generations of individuals, each of whom lives for two periods: youth and old age. This versatile framework can encompass most macroeconomic schools of thought through the alteration of key assumptions. The use of one basic model also allows the authors to explore important topics not always addressed adequately in other texts; these include credit constraints, real business cycles, generational accounting, and international capital flows markets.

Written in a clear, accessible style, this shortened and simplified second edition provides a systematic way to interpret macroeconomic outcomes, to understand various policy proposals, and to appreciate how individuals and firms fit into the big picture.

Many undergraduate texts treat macroeconomics as a set of distinct topics rather than as a unified body of theory and empirical findings. In contrast, this text by Alan Auerbach and Laurence Kotlikoff uses a single analytic framework—the two-period life-cycle model—to explore and connect each of the major issues in contemporary macroeconomics. The model describes the evolution of the economy over time in terms of the behavior of overlapping generations of individuals, each of whom lives for two periods: youth and old age. This versatile framework can encompass most macroeconomic schools of thought through the alteration of key assumptions. The use of one basic model also allows the authors to explore important topics not always addressed adequately in other texts; these include credit constraints, real business cycles, generational accounting, and international capital flows markets.

Written in a clear, accessible style, this shortened and simplified second edition provides a systematic way to interpret macroeconomic outcomes, to understand various policy proposals, and to appreciate how individuals and firms fit into the big picture.

Details
Erscheinungsjahr: 1998
Fachbereich: Volkswirtschaft
Genre: Importe, Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Taschenbuch
ISBN-13: 9780262511032
ISBN-10: 0262511037
Sprache: Englisch
Einband: Kartoniert / Broschiert
Autor: Auerbach, Alan J.
Kotlikoff, Laurence J.
Hersteller: MIT Press
Verantwortliche Person für die EU: Produktsicherheitsverantwortliche/r, Europaallee 1, D-36244 Bad Hersfeld, gpsr@libri.de
Maße: 229 x 203 x 27 mm
Von/Mit: Alan J. Auerbach (u. a.)
Erscheinungsdatum: 31.07.1998
Gewicht: 0,957 kg
Artikel-ID: 130803839
Details
Erscheinungsjahr: 1998
Fachbereich: Volkswirtschaft
Genre: Importe, Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Taschenbuch
ISBN-13: 9780262511032
ISBN-10: 0262511037
Sprache: Englisch
Einband: Kartoniert / Broschiert
Autor: Auerbach, Alan J.
Kotlikoff, Laurence J.
Hersteller: MIT Press
Verantwortliche Person für die EU: Produktsicherheitsverantwortliche/r, Europaallee 1, D-36244 Bad Hersfeld, gpsr@libri.de
Maße: 229 x 203 x 27 mm
Von/Mit: Alan J. Auerbach (u. a.)
Erscheinungsdatum: 31.07.1998
Gewicht: 0,957 kg
Artikel-ID: 130803839
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