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The Dynamics of Keynesian Monetary Growth

Macro Foundations

The Dynamics of Keynesian Monetary Growth by Carl Chiarella
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Originally published in 2000, this book is in the tradition of non-market-clearing approaches to macrodynamic approaches. It builds a series of integrated disequilibrium growth models of increasing complexity, which display the economic interaction between households, firms and government across labour, goods, money, bonds and equities markets. Chiarella and Flaschel demonstrate how macrodynamics can be developed in a hierarchical way from economically simple structures to more advanced ones. In addition it investigates complex macrodynamic feedback mechanisms.
Cambridge University Press; August 2000
435 pages; ISBN 9780511036682
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Title: The Dynamics of Keynesian Monetary Growth
Author: Carl Chiarella; Peter Flaschel