Growth and Business Cycles with Equilibrium Indeterminacy

Business & Finance, Economics, Macroeconomics, Economic Development
Cover of the book Growth and Business Cycles with Equilibrium Indeterminacy by Kazuo Mino, Springer Japan
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Author: Kazuo Mino ISBN: 9784431556091
Publisher: Springer Japan Publication: July 11, 2017
Imprint: Springer Language: English
Author: Kazuo Mino
ISBN: 9784431556091
Publisher: Springer Japan
Publication: July 11, 2017
Imprint: Springer
Language: English

Over the past two decades, the issue of equilibrium indeterminacy has been one of the major research concerns in macroeconomic dynamics. Growth and Business Cycles with Equilibrium Indeterminacy discusses the main topics in this literature. Based on comprehensive surveys and the author’s original research, this book explores sunspot-driven fluctuations in real business cycle models, multiple equilibria in endogenous growth models, and the stabilization effects of fiscal and monetary policy rules.  The book also considers equilibrium indeterminacy in open economy models. 

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Over the past two decades, the issue of equilibrium indeterminacy has been one of the major research concerns in macroeconomic dynamics. Growth and Business Cycles with Equilibrium Indeterminacy discusses the main topics in this literature. Based on comprehensive surveys and the author’s original research, this book explores sunspot-driven fluctuations in real business cycle models, multiple equilibria in endogenous growth models, and the stabilization effects of fiscal and monetary policy rules.  The book also considers equilibrium indeterminacy in open economy models. 

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