Quantitative and Empirical Analysis of Nonlinear Dynamic Macromodels

✍ Scribed by Carl Chiarella, Reiner Franke, Peter Flaschel and Willi Semmler (Eds.)

Publisher: Emerald Group Publishing Limited
Year: 2006
Leaves: 541
Series: Contributions to Economic Analysis 277
Edition: 1
Category: Library

No coin nor oath required. For personal study only.

✦ Synopsis

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 optimizing behavior of economic agents, competitive markets and price mediated market clearing through flexible wages and prices. Contributions to Economic Analysis was established in 1952. The series purpose is to stimulate the international exchange of scientific information. The series includes books from all areas of macroeconomics and microeconomics

✦ Table of Contents

Content:
Introduction to the Series
Page v

Contents
Pages vii-xiv

List of Contributors
Pages xv-xvi

Chapter 1 Introduction Review Article
Pages 1-3
Carl Chiarella, Peter Flaschel, Reiner Franke, Willi Semmler

Chapter 2 Wage–Price Phillips Curves and Macroeconomic Stability: Basic Structural Form, Estimation and Analysis Review Article
Pages 7-47
Peter Flaschel, Hans-Martin Krolzig

Chapter 3 Three Wage-Price Macro Models and Their Calibration Review Article
Pages 49-91
Reiner Franke

Chapter 4 The Decomposition of the Inflation–Unemployment Relationship by Time Scale Using Wavelets Review Article
Pages 93-111
Marco Gallegati, Mauro Gallegati, James B. Ramsey, Willi Semmler

Chapter 5 New Keynesian Theory and the New Phillips Curves: A Competing Approach Review Article
Pages 113-145
Peter Flaschel, Ekkehart Schlicht

Chapter 6 Keynesian Theory and the AD–AS Framework: A Reconsideration Review Article
Pages 149-172
Amitava Krishna Dutt, Peter Skott

Chapter 7 AD–AS and the Phillips Curve: A Baseline Disequilibrium Model Review Article
Pages 173-227
Toichiro Asada, Pu Chen, Carl Chiarella, Peter Flaschel

Chapter 8 Keynesian Macrodynamics and the Phillips Curve: An Estimated Model for the U.S. Economy Review Article
Pages 229-284
Pu Chen, Carl Chiarella, Peter Flaschel, Willi Semmler

Chapter 9 Advanced Keynes–Metzler–Goodwin Macro Modeling: A Calibration Study Review Article
Pages 285-330
Reiner Franke

Chapter 10 A Stochastic Model of Real-Financial Interaction with Boundedly Rational Heterogeneous Agents Review Article
Pages 333-358
Carl Chiarella, Peter Flaschel, Xue-Zhong He, Hing Hung

Chapter 11 A High-Dimensional Model of Real-Financial Market Interaction: The Cascade of Stable Matrices Approach Review Article
Pages 359-384
Carl Chiarella, Peter Flaschel, Reiner Franke, Willi Semmler

Chapter 12 Currency Crisis, Financial Crisis, and Large Output Loss Review Article
Pages 385-414
Peter Flaschel, Willi Semmler

Chapter 13 Prosperity and Stagnation in Capitalist Economies Review Article
Pages 415-448
Toichiro Asada, Peter Flaschel, Peter Skott

Chapter 14 Keynesian Dynamics without the LM Curve: Implications of Underlying Open Market Operations Review Article
Pages 451-481
Reiner Franke

Chapter 15 Nonlinear Phillips Curves, Endogenous NAIRU and Monetary Policy Review Article
Pages 483-515
Willi Semmler, Wenlang Zhang

Chapter 16 Inflation Targeting Policy in a Dynamic Keynesian Model with Debt Accumulation: A Japanese Perspective Review Article
Pages 517-544
Toichiro Asada

Subject Index
Pages 545-546

📜 SIMILAR VOLUMES

Quantitative And Empirical Analysis Of N

📁 Quantitative And Empirical Analysis Of Nonlinear Dynamic Macromodels

✍ Chiarella C. (ed.), Franke R. (ed.), Flaschel P. (ed.) 📂 Library 📅 2006 🌐 English

Empirical Political Analysis: Quantitati

📁 Empirical Political Analysis: Quantitative and Qualitative Research Methods

✍ Richard C. Rich, Craig Leonard Brians, Jarol B. Manheim, Lars Willnat 📂 Library 📅 2018 🏛 Routledge 🌐 English

Empirical Political Analysis introduces readers to the foundations of social science research. Organized around the stages of the research process, this textbook prepares readers to conduct both quantitative and qualitative research, from the formation of theory through the design of research projec

Global Analysis of Nonlinear Dynamics

📁 Global Analysis of Nonlinear Dynamics

✍ Michael Borre, Henryk Flashner (auth.), Jian-Qiao Sun, Albert C. J. Luo (eds.) 📂 Library 📅 2012 🏛 Springer New York 🌐 English

Global Analysis of Nonlinear Dynamics collects chapters on recent developments in global analysis of non-linear dynamical systems with a particular emphasis on cell mapping methods developed by Professor C.S. Hsu of the University of California, Berkeley. This collection of contributions p

Qualitative and Quantitative Analysis of

📁 Qualitative and Quantitative Analysis of Nonlinear Systems : Theory and Applications

✍ Kasyanov, Pavlo O.; Zgurovsky, Michael Z 📂 Library 🌐 English

Here, the authors present modern methods of analysis for nonlinear systems which may occur in fields such as physics, chemistry, biology, or economics. They concentrate on the following topics, specific for such systems:(a) constructive existence results and regularity theorems for all

Qualitative and quantitative analysis of

📁 Qualitative and quantitative analysis of nonlinear systems: theory and applications

✍ Kasyanov, Pavlo O.;Zhurovsʹkyĭ, Mykhaĭlo Zakharovych 📂 Library 📅 2018 🏛 Springer International Publishing 🌐 English

Preface; Scope; Contents; Audience; Acknowledgements; Contents; Introduction: Special Classes of Extended Phase Spaces of Distributions; Sums and Intersections of Banach Spaces; Gelfand Triple; Special Classes of Bochner Integrable Functions; Generalized Derivatives; Extended Phase Spaces; Reference

Dynamics and Vibrations: Progress in Non

📁 Dynamics and Vibrations: Progress in Nonlinear Analysis

✍ Seyed Habibollah Hashemi Kachapi, Davood Domairry Ganji (auth.) 📂 Library 📅 2014 🏛 Springer Netherlands 🌐 English

Dynamical and vibratory systems are basically an application of mathematics and applied sciences to the solution of real world problems. Before being able to solve real world problems, it is necessary to carefully study dynamical and vibratory systems and solve all available problems in case of l