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Home > Business and Economics > Economics > Macroeconomics > Monetary economics > The Dynamics of Keynesian Monetary Growth: Macro Foundations
The Dynamics of Keynesian Monetary Growth: Macro Foundations

The Dynamics of Keynesian Monetary Growth: Macro Foundations


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About the Book

Originally published in 2000, this book is in the tradition of non-market-clearing approaches to macrodynamic approaches. It builds a series of integrated disequilibrium growth models of increasing complexity, which display the economic interaction between households, firms and government across labour, goods, money, bonds and equities markets. Chiarella and Flaschel demonstrate how macrodynamics can be developed in a hierarchical way from economically simple structures to more advanced ones. In addition it investigates complex macrodynamic feedback mechanisms.

Table of Contents:
Preface; General introduction; 1. Traditional monetary growth dynamics; 2. Tobinian monetary growth: the (neo) classical point of departure; 3. Keynes-Wicksell models of monetary growth: synthesizing Keynes into the classics; 4. Keynesian monetary growth: the missing prototype; 5. Smooth factor substitution: a secondary and confused issue.

Review :
Review of the hardback: 'Chiarella, Flaschel, and Franke have honed traditional stability analysis of aggregative macroeconomic models into an astonishingly penetrating critical tool. Their dispassionate and balanced study of current macroeconomic approaches throws much light on the conceptual contradictions that trouble this field, and motivate their suggested remedy, a return to a thorough disequilibrium dynamics in the tradition of Keynes, Metzler, and Goodwin. No serious student of mathematical macroeconomics working within any framework can afford to ignore this research and its implications.' Duncan K. Foley, Foley New School University


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Product Details
  • ISBN-13: 9780521180184
  • Publisher: Cambridge University Press
  • Publisher Imprint: Cambridge University Press
  • Height: 229 mm
  • No of Pages: 434
  • Returnable: N
  • Spine Width: 25 mm
  • Weight: 680 gr
  • ISBN-10: 052118018X
  • Publisher Date: 17 Feb 2011
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Returnable: N
  • Sub Title: Macro Foundations
  • Width: 152 mm


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