Document Type
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BL
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Record Number
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733681
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Doc. No
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b553481
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Main Entry
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Michael Carlberg.
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Title & Author
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Monetary and fiscal dynamics\ Michael Carlberg.
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Publication Statement
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Heidelberg: Physica-Verlag ; New York : Springer-Verlag, ©1992.
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Series Statement
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Studies in contemporary economics.
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Page. NO
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(viii, 194 pages) : illustrations
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ISBN
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3642476899
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: 9783642476891
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Contents
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I. Basic Model --;1. Overlapping Generations --;2. Short-Run Equilibrium --;3. IS-LM and AD-AS Diagrams --;4. Long-Run Equilibrium --;5. Stability --;6. Monetary Shock --;7. Savings Shock --;8. Demographic Shock --;9. Investment Shock --;10. Wage Shock --;11. Flexible Money Wages --;12. Fixed Money Wages --;13. Monetary Policy --;14. Cyclical Adjustment --;II. Economy with Public Sector --;1. Overlapping Generations --;2. Short-Run Equilibrium --;3. Long-Run Equilibrium --;4. Flexible Money Wages --;5. Fixed Money Wages --;6. Slow Money Wages --;7. Continuous Budget Balance --;8. Monetary Policy --;9. Fiscal Policy --;10. Monetary Policy versus Fiscal Policy --;III. Growing Economy --;1. Solow Model --;2. Short-Run Equilibrium --;3. IS-LM and AD-AS Diagrams --;4. Long-Run Equilibrium --;5. Stability --;6. Monetary Shock --;7. Savings Shock --;8. Investment Shock --;Conclusion --;Result --;Symbols --;References.
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Abstract
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The analysis will be conducted within an IS-LM model augmen-ted by the dynamics of money wages, private capital andpublic debt.This in turn requires a dynamic path of monetary and fiscalpolicy: As a response to the shock, the central bankcontinuouslyadapts the quantity of money so as to keep upfull employment all the time.
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Subject
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Fiscal policy -- Econometric models.
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Subject
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Monetary policy -- Econometric models.
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Subject
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Money -- Econometric models.
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LC Classification
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HG230.3M534 1992
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Added Entry
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Michael Carlberg
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