| 書目名稱 | Dynamic Macroeconomics with Imperfect Competition |
| 編輯 | Leo Kaas |
| 視頻video | http://file.papertrans.cn/284/283636/283636.mp4 |
| 概述 | Includes supplementary material: |
| 叢書名稱 | Lecture Notes in Economics and Mathematical Systems |
| 圖書封面 |  |
| 描述 | This thesis was stimulated throughout the time of my participation in a research project on Dynamic Macroeconomics, supported by the German Research Foundation (DFG). The starting point was the central question of how to integrate price setting firms in a dynamic disequilibrium model. Almost all recent literature on imperfect competition in macroeconomics applies the objective demand approach by assuming that firms know the true demand curve they are faced with. While this approach can be ap- plied in temporary monetary equilibrium models, it proves inadequate for formulating price adjustment in a dynamic disequilibrium model, where it has to be replaced by the concept of subjective demand. Based on this distinction, the thesis starts out with a comparison of the concepts of subjective and objective demand in an abstract framework and surveys the literature on general equilibrium theory with imperfect competition. The objective demand approach is criticized not only on the grounds of its strong rationality requirements and existence problems, but also by the observation that it cannot be applied successfully to characterize determinate rational expectations equilibria in intertempo |
| 出版日期 | Book 1999 |
| 關(guān)鍵詞 | Dynamische Makro?konomie; Gleichgewicht; Makro?konomie; dynamic; dynamische Gleichgewichtstheorie; econom |
| 版次 | 1 |
| doi | https://doi.org/10.1007/978-3-642-58479-4 |
| isbn_softcover | 978-3-540-66029-3 |
| isbn_ebook | 978-3-642-58479-4Series ISSN 0075-8442 Series E-ISSN 2196-9957 |
| issn_series | 0075-8442 |
| copyright | Springer-Verlag Berlin Heidelberg 1999 |
|Archiver|手機版|小黑屋|
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