Macroeconomic Theory

Fluctuations, Inflation and Growth in Closed and Open Economies

Inbunden, Engelska, 2024

AvFernando de Holanda Barbosa,Fernando De Holanda Barbosa

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Determination of the price level, or the value of money, is a fascinating subject in a fiat money economy.Revised and updated, the second edition introduces a number of new topics, including the New Keynesian IS Curve, Real BusinessCycles, and the Consumption Asset Pricing Model, as well as updated end-of-chapter exercises.

Produktinformation

Utgivningsdatum2024-12-26
Mått155 x 235 x 33 mm
Vikt926 g
FormatInbunden
SpråkEngelska
SerieSpringer Texts in Business and Economics
Antal sidor487
Upplaga2
FörlagSpringer International Publishing AG
ISBN9783031701764

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Fernando de Holanda Barbosa is Professor of Economics at FGV EPGE Brazilian School of Economics and Finance. He has a Ph.D. in economics from the University of Chicago (US). He is the author of many academic articles in monetary economics and some are collected in the book Exploring the Mechanics of Chronic Inflation and Hyperinflation (Springer, 2017). Luiz Antônio de Lima Junior is Adjunct Professor of Economics, Federal University of Minas Gerais (Brazil).

.- INTRODUCTION..- PART I: GROWTH..- Chapter 1: Representative Agent Model..- Chapter 2: Open Economy Representative Agent Model..- Chapter 3: Overlapping Generations..- Chapter 4: Solow Model..- Chapter 5: Endogenous Savings and Growth..- PART II: FLUCTUATION AND INFLATION..- Chapter 6: Keynesian Models: IS and LM Curves, The Taylor Rule, and the Phillips Curve. .- Chapter 7: Fluctuation, Inflation and Stabilization..- Chapter 8: Open Economy Macroeconomics..- Chapter 9: Open Economy Fluctuation, Inflation and Stabilization..- PART III: MONETARY AND FISCAL POLICIES..- Chapter 10: Government Budget Constraint..- Chapter 11: Monetary Theory and Policy..- PART IV: MATHEMATICAL APPENDIX..- Appendix A: Differential Equations..- Appendix B: Optimal Control Theory..- Appendix C: Finite Difference Equations.