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Asset markets, portfolio choice and ...
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Asada, Toichiro, (1954-)
Asset markets, portfolio choice and macroeconomic activity = a Keynesian perspective /
紀錄類型:
書目-電子資源 : 單行本
正題名/作者:
Asset markets, portfolio choice and macroeconomic activity/ Toichiro Asada ... [et al.].
其他題名:
a Keynesian perspective /
其他作者:
Asada, Toichiro,
出版者:
New York :Palgrave Macmillan, : 2011.,
面頁冊數:
1 online resource.
附註:
Includes index.
標題:
Investments - Mathematical models. -
電子資源:
An electronic book accessible through the World Wide Web; click for information
ISBN:
9780230307773 (electronic bk.)
Asset markets, portfolio choice and macroeconomic activity = a Keynesian perspective /
Asset markets, portfolio choice and macroeconomic activity
a Keynesian perspective /[electronic resource] :Toichiro Asada ... [et al.]. - New York :Palgrave Macmillan,2011. - 1 online resource.
Includes index.
General Introduction -- Advances in AS-AD Model Building: Real Disequilibria and Portfolio Choices -- Tobinian Stock-Flow Interactions in the KMG Framework -- Analysis and Policy Implications of the KMG-Tobin Model -- Introducing Tobinian Stock-Flow Interactions into the Mundell-Fleming Model -- Two Extensions of the Mundell-Fleming-Tobin Model -- Fiscal and Monetary Policy, Stocks, and the Term Structure of Interest Rates.
This book investigates, from a Keynesian perspective, the interaction of effective demand with the wage-price spiral, the dependence of goods market outcomes on financial markets, and the impact of monetary policy on financial and real markets. These issues are discussed by way of rigorously formulated approaches that lay foundations for a theory of endogenously generated business fluctuations. The material is presented on three levels of generality: an introductory level that motivates the theoretical approach, a research-oriented level that shows how the interaction of real with financial markets has to be modelled from an integrative Keynesian perspective, and an advanced textbook level that extends the traditional Keynesian approach to open economies. The main findings indicate that balanced growth in capitalist economies is unlikely due to changes in behavioural factors that drive the wage-price spiral and the financial markets. This book is essential reading for advanced level macroeconomic modules and for those interested in both traditional macroeconomics and the dominant neoclassical approach of the New Keynesians.
ISBN: 9780230307773 (electronic bk.)
Standard No.: 9786613159427
Source: 491200Palgrave Macmillanhttp://www.palgraveconnect.comSubjects--Topical Terms:
131694
Investments
--Mathematical models.Index Terms--Genre/Form:
96803
Electronic books.
LC Class. No.: HG4515.2 / .A87 2011
Dewey Class. No.: 332.601
Asset markets, portfolio choice and macroeconomic activity = a Keynesian perspective /
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