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Englisch
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Beschreibung
In this book, the authors reconceptualize existing macroeconomics by treating equilibria as statistical distributions, not as fixed points.
In this book, the authors reconceptualize existing macroeconomics by treating equilibria as statistical distributions, not as fixed points.
Über den Autor
Masanao Aoki is Professor Emeritus in the Department of Economics at the University of California, Los Angeles.
Inhaltsverzeichnis
Preface 1 Masanao Aoki; Preface 2 Hiroshi Yoshikawa; 1. Introduction - a new approach to macroeconomics; 2. The methods - jump Markov processes and random partitions; 3. Equilibrium as distribution - the role of demand in macroeconomics; 4. Uncertainty trap - policy ineffectiveness and long stagnation of the macroeconomy; 5. Slow dynamics of the macro system - no mystery of inflexible prices; 6. Business cycles - an endogenous stochastic approach; 7. Labor market dynamics - a new look at natural unemployment and Okun's law; 8. Demand saturation - creation and economic growth; 9. The types of investors and volatility in financial markets - analyzing clusters of heterogeneous agents; 10. Stock prices and the real macroeconomy - power-law versus exponential distributions.
Details
Erscheinungsjahr: | 2006 |
---|---|
Fachbereich: | Allgemeines |
Genre: | Importe, Wirtschaft |
Rubrik: | Recht & Wirtschaft |
Medium: | Taschenbuch |
ISBN-13: | 9781107634206 |
ISBN-10: | 1107634202 |
Sprache: | Englisch |
Ausstattung / Beilage: | Paperback |
Einband: | Kartoniert / Broschiert |
Autor: |
Aoki, Masanao
Yoshikawa, Hiroshi |
Redaktion: | Sato, Ryzuo |
Hersteller: | Cambridge University Press |
Verantwortliche Person für die EU: | Books on Demand GmbH, In de Tarpen 42, D-22848 Norderstedt, info@bod.de |
Maße: | 234 x 156 x 20 mm |
Von/Mit: | Masanao Aoki (u. a.) |
Erscheinungsdatum: | 01.11.2006 |
Gewicht: | 0,538 kg |
Über den Autor
Masanao Aoki is Professor Emeritus in the Department of Economics at the University of California, Los Angeles.
Inhaltsverzeichnis
Preface 1 Masanao Aoki; Preface 2 Hiroshi Yoshikawa; 1. Introduction - a new approach to macroeconomics; 2. The methods - jump Markov processes and random partitions; 3. Equilibrium as distribution - the role of demand in macroeconomics; 4. Uncertainty trap - policy ineffectiveness and long stagnation of the macroeconomy; 5. Slow dynamics of the macro system - no mystery of inflexible prices; 6. Business cycles - an endogenous stochastic approach; 7. Labor market dynamics - a new look at natural unemployment and Okun's law; 8. Demand saturation - creation and economic growth; 9. The types of investors and volatility in financial markets - analyzing clusters of heterogeneous agents; 10. Stock prices and the real macroeconomy - power-law versus exponential distributions.
Details
Erscheinungsjahr: | 2006 |
---|---|
Fachbereich: | Allgemeines |
Genre: | Importe, Wirtschaft |
Rubrik: | Recht & Wirtschaft |
Medium: | Taschenbuch |
ISBN-13: | 9781107634206 |
ISBN-10: | 1107634202 |
Sprache: | Englisch |
Ausstattung / Beilage: | Paperback |
Einband: | Kartoniert / Broschiert |
Autor: |
Aoki, Masanao
Yoshikawa, Hiroshi |
Redaktion: | Sato, Ryzuo |
Hersteller: | Cambridge University Press |
Verantwortliche Person für die EU: | Books on Demand GmbH, In de Tarpen 42, D-22848 Norderstedt, info@bod.de |
Maße: | 234 x 156 x 20 mm |
Von/Mit: | Masanao Aoki (u. a.) |
Erscheinungsdatum: | 01.11.2006 |
Gewicht: | 0,538 kg |
Sicherheitshinweis