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Macroeconomic Dynamics
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Macroeconomic Dynamics Hardcover - 1981

by Keizo Nagatani


From the publisher

This presentation of advanced macroeconomics emphasizes the dynamic behaviour of the economy. Developed capitalist economies are characterized by large stocks of durable goods and the intertemporal nature of economic decisions that these involve. Such intertemporal decisions based on expectations about an uncertain future are the main sources of mistakes and consequent economic fluctuations. In this book, therefore, macroeconomic theory and policy are viewed as applications of capital theory. Professor Nagatani traces the early contributions to this viewpoint and critically surveys the modern literature. To aid the reader, a lucid exposition of dynamic optimization is provided before the theory is developed analytically. The framework employed has novel aspects and captures the chief characteristics of advanced economies. The analysis is used to draw out broad policy conclusions. This book is suitable for advanced students, for whom examples are provided at the end of chapters. However, the perspective offers much to interest specialists also.

Details

  • Title Macroeconomic Dynamics
  • Author Keizo Nagatani
  • Binding Hardcover
  • Edition First Edition
  • Pages 272
  • Volumes 1
  • Language ENG
  • Publisher Cambridge University Press
  • Date 1981-10
  • ISBN 9780521235150 / 0521235154
  • Weight 1.17 lbs (0.53 kg)
  • Dimensions 8.98 x 5.98 x 0.79 in (22.81 x 15.19 x 2.01 cm)
  • Library of Congress subjects Capital, Macroeconomics
  • Library of Congress Catalog Number 80028883
  • Dewey Decimal Code 339
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Macroeconomic Dynamics
Stock Photo: Cover May Be Different

Macroeconomic Dynamics

by Keizo Nagatani

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9780521235150 / 0521235154
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Description:
Cambridge University Press, 1981-10-30. Hardcover. Good.
Item Price
£32.97
FREE shipping to USA