The Dynamics of Keynesian Monetary Growth

Carl Chiarella and Peter Flaschel

in Cambridge Books from Cambridge University Press

Abstract: 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.

Date: 2011
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Related works:
Journal Article: THE DYNAMICS OF KEYNESIAN MONETARY GROWTH (2003)
Book: The Dynamics of Keynesian Monetary Growth (2000)
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