Kieler Studien - Kiel Studies

Monetary Policy and the German Unemployment Problem in Macroeconomic Models

Theory and Evidence

Authors: Gottschalk, Jan

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About this book

Having the high unemployment in Germany in mind, this book discusses how macroeconomic theory has evolved over the past forty years. It shows that in recent years a convergence has taken place, with modern models embodying a Keynesian transmission mechanism, monetarist policy implication, and modeling techniques inspired by new classical economics and real business cycle theory. It also probes in which direction models may be extended from here. Empirically, the book uses different econometric techniques to investigate the relevance and implications of different macroeconomic theories for German data. A key question this book investigates is the role of demand and supply side conditions for the increase in the German unemployment rate. On a policy level, the book relates the implications of the different theories to the ongoing debate on the appropriate roles of demand and supply side policies for curing the German unemployment problem.

Table of contents (1 chapters)

Buy this book

eBook $119.00
price for USA (gross)
  • ISBN 978-3-540-37679-8
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $159.00
price for USA
  • ISBN 978-3-540-25650-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $159.00
price for USA
  • ISBN 978-3-642-06504-0
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Monetary Policy and the German Unemployment Problem in Macroeconomic Models
Book Subtitle
Theory and Evidence
Authors
Series Title
Kieler Studien - Kiel Studies
Series Volume
334
Copyright
2005
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-540-37679-8
DOI
10.1007/3-540-37679-8
Hardcover ISBN
978-3-540-25650-2
Softcover ISBN
978-3-642-06504-0
Series ISSN
0340-6989
Edition Number
1
Number of Pages
XX, 288
Topics