Coverart for item
The Resource A study in monetary macroeconomics, Stefan Homburg

A study in monetary macroeconomics, Stefan Homburg

Label
A study in monetary macroeconomics
Title
A study in monetary macroeconomics
Statement of responsibility
Stefan Homburg
Creator
Author
Subject
Language
eng
Summary
The financial crisis of 2007 and the following recession present a major challenge to macroeconomic theory. The same holds true for exceptionally low interest rates during the recent years and for the puzzle that super-expansive monetary policies failed to produce high inflation. Approaches that focus on steady states, rational expectations, and individuals planning over infinite horizons, are not suitable for analysing such abnormal situations. 'A Study in Monetary Macroeconomics' refines and improves mainstream approaches to resolve these puzzles and to contribute to a better understanding of monetary and fiscal policies. Using a rich institutional structure that includes features such as credit money, external finance, borrowing constraints, net worth, real estate and commercial banks, this timely study reduces rationality requirements to cope with its complex setting. It starts with a simple baseline model, deriving results from mathematical reasoning and simulations whilst adhering to the method of dynamic general equilibrium (DGE) with optimizing agents and fully specified models. Highly topical, 'A Study in Monetary Macroeconomics' uses a unified theoretical framework to demonstrate that a DGE approach makes it possible to develop clean models that work outside steady states and are appropriate for answering macroeconomic questions of actual interest
Cataloging source
ERASA
http://library.link/vocab/creatorDate
1961-
http://library.link/vocab/creatorName
Homburg, Stefan
Dewey number
339.01/5118
Illustrations
illustrations
Index
index present
LC call number
HB172.5
LC item number
.H6554 2017
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/subjectName
  • Macroeconomics
  • Money supply
  • Monetary policy
  • Makroökonomie
  • Geldpolitik
  • Macroeconomics
  • Monetary policy
  • Money supply
Label
A study in monetary macroeconomics, Stefan Homburg
Instantiates
Publication
Copyright
Bibliography note
Includes bibliographical references (pages 189-200) and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
974846651
Dimensions
24 cm
Edition
First edition.
Extent
x, 205 pages
Isbn
9780198807537
Lccn
2017931042
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
Other physical details
color illustrations
System control number
(OCoLC)974846651
Label
A study in monetary macroeconomics, Stefan Homburg
Publication
Copyright
Bibliography note
Includes bibliographical references (pages 189-200) and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
974846651
Dimensions
24 cm
Edition
First edition.
Extent
x, 205 pages
Isbn
9780198807537
Lccn
2017931042
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
Other physical details
color illustrations
System control number
(OCoLC)974846651

Library Locations

    • Ellis LibraryBorrow it
      1020 Lowry Street, Columbia, MO, 65201, US
      38.944491 -92.326012
Processing Feedback ...