Endogenous Market Structures and the Macroeconomy

Authors: Etro, Federico

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eBook 142,79 €
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Softcover 187,19 €
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About this book

Endogenous Market Structures and the Macroeconomy introduces strategic interactions and endogenous entry to study business cycles, trade and growth. Going beyond the neoclassical approach, the EMSs approach provides new insights on macroeconomic policy, trade policy and R&D policy. The book discusses related empirical evidence and applications to issues of business creation, innovation and leadership in the New Economy, and it analyzes macroeconomic mechanisms and policymaking in the current crisis.

Prof. Federico Etro teaches macroeconomics at the University of Milan, Bicocca and industrial organization at the University of Edinburgh for the Scottish Graduate Programme in Economics. He studied at the U.C.L.A. and Harvard, and wrote articles for American Economic Review, International Economic Review, Economic Journal, Journal of Macroeconomics, Public Choice and the book "Competition, Innovation, and Antitrust" (2007, Springer).

Etro reviews the EMSs approach to macroeconomics and derives several new results. The potential of this approach to change the way we think about the macroeconomy emerges clearly from the impressive range of topics to which it is successfully applied. In each case, the approach challenges the traditional view and policy implications. Etro's discussion of the EMSs approach in the context of a coherent and comprehensive analytical framework provides an invaluable service to the profession.

Pietro Peretto, Duke University

For many decades, the field of industrial organization lived in the world of microeconomics, separately from the macroeconomic world of economic growth and business cycles. In recent years we have seen a fruitful convergence of the two. This book is a very useful contribution to this literature.

Avinash Dixit, Princeton University

A must read for macroeconomists and international economists who value microfoundations and view micro-level dynamics as a key determinant of aggregate phenomena. It is equally valuable as a textbook for graduate teaching and reference for researchers.

Fabio Ghironi, Boston College

Table of contents (6 chapters)

Table of contents (6 chapters)

Buy this book

eBook 142,79 €
price for Spain (gross)
  • ISBN 978-3-540-87427-0
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 187,19 €
price for Spain (gross)
  • ISBN 978-3-540-87426-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
Softcover 187,19 €
price for Spain (gross)
  • ISBN 978-3-642-42600-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
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Bibliographic Information

Bibliographic Information
Book Title
Endogenous Market Structures and the Macroeconomy
Authors
Copyright
2009
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-540-87427-0
DOI
10.1007/978-3-540-87427-0
Hardcover ISBN
978-3-540-87426-3
Softcover ISBN
978-3-642-42600-1
Edition Number
1
Number of Pages
XX, 346
Topics