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Market Imperfections and Macroeconomic Dynamics

  • Book
  • © 2002

Overview

Editors:
  1. Jean-Olivier Hairault

    1. The University of Paris, France

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    You can also search for this editor in PubMed   Google Scholar

  2. Hubert Kempf

    1. The University of Paris, France

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Table of contents (9 chapters)

  1. Front Matter

    Pages i-xvi
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  2. Globalization, Competition and Macroeconomic Performances

    1. Front Matter

      Pages 1-1
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    2. Is Perfection Optimal? Employment and Product Market Competition

      • Bruno Amable, Donatella Gatti
      Pages 3-21

    3. Human Capital, Local Labor Markets and Regional Integration

      • Laurence Rioux, Thierry Verdier
      Pages 23-49

    4. A Long—Term Model for the World Economy

      • INGENUE Team
      Pages 51-73

  3. Money, Inflation and Macrodynamics

    1. Front Matter

      Pages 75-75
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    2. Inflation and Productivity Differentials in EMU

      • Paul De Grauwe, Frauke Skudelny
      Pages 77-104

    3. Open Market Shocks in a Business Cycle Model with Financial Intermediation

      • Burkhard Heer, Andreas Schabert
      Pages 105-130

    4. Optimal Monetary Policy in an Optimizing Stochastic Dynamic Model with Sticky Prices

      • Michael Gail
      Pages 131-160

  4. Indeterminacy and Irreversibility

    1. Front Matter

      Pages 161-161
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    2. Real Indeterminacy in a Cash-In-Advance Economy

      • Stéphane Auray, Fabrice Collard, Patrick Fève
      Pages 163-178

    3. Borrowing Constraint and Indeterminacy with Arbitrarily low Returns to Scale

      • Jean-Paul Barinci, Arnaud Chéron
      Pages 179-190

    4. Irreversible Investment Under Uncertainty in General Equilibrium

      • Aude Pommeret
      Pages 191-213
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Keywords

About this book

Market Imperfections and Macroeconomic Dynamics is based upon a collection of papers originally presented at the 5th Theory and Methods in Macroeconomics (T2M) meeting in Paris, France, 2002. The contributions in this volume focus on a central theme: the aggregate dynamic consequences of market imperfections. Such effects are of great interest to researchers in macroeconomics as these imperfections play a primary role in the persistence of aggregate output, the characteristics of the business cycles and the interactions of agents over time. Incorporating up-to-date techniques and methods, these contributions exemplify the remarkable progress made by macroeconomists in tackling these issues.
The primary market for Market Imperfections and Macroeconomic Dynamics is academic researchers in economics and graduate students specializing in macroeconomics. Divisions of economic studies in public administration and in financial organizations will also find this book beneficial.

Editors and Affiliations

  • The University of Paris, France

    Jean-Olivier Hairault, Hubert Kempf

Bibliographic Information

  • Book Title: Market Imperfections and Macroeconomic Dynamics

  • Editors: Jean-Olivier Hairault, Hubert Kempf

  • DOI: https://doi.org/10.1007/978-1-4757-3598-7

  • Publisher: Springer New York, NY

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer Science+Business Media New York 2002

  • Hardcover ISBN: 978-0-7923-7404-6Published: 31 March 2002

  • Softcover ISBN: 978-1-4419-4903-5Published: 02 December 2010

  • eBook ISBN: 978-1-4757-3598-7Published: 14 March 2013

  • Edition Number: 1

  • Number of Pages: XVI, 214

  • Topics: Macroeconomics/Monetary Economics//Financial Economics, Economic Growth

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