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Disequilibrium, Growth and Labor Market Dynamics by Chiarella, Carl; Flaschel, Peter; Groh, Gangolf; Semmler, Willi is a scholarly article available to read on EtoBox.
What is Disequilibrium, Growth and Labor Market Dynamics about?
In this book on disequilibrium, growth and labor market dynamics we take predominantly a macroeconomic perspective. We present a working model that can easily be varied in different directions in order to subsume innovations in the literature on macroeconomics, old and new, and to contribute to important currently discussed macroeconomic issues. Our working model is set up in a way that there is a close relationship between our presented dynamic models and modern macro econometric models with disequilibrium both in the labor and the goods markets. One of our objectives is, therefore, to narrow the gap between theoretical and applied structural macrodynamic model building. We hope that the book will be a useful reference for all researchers, academic teachers and practitioners of macroeconomic and macro econometric model building who are interested in economic dynamics, independently of whether they use equilibrium or disequilibrium methods in their own research. We base this hope on the fact that our approach contains a number of unique features. The emphasis on the identification and analysis of the basic feedback mechanisms at work in modern macro economies. A detailed study of t
- Author
- Chiarella, Carl; Flaschel, Peter; Groh, Gangolf; Semmler, Willi
- Publisher
- Springer Berlin Heidelberg : Imprint: Springer
- Published
- 2000
- Language
- EN
- ISBN
- 9783662040706
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