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Market Behaviour and Macroeconomic Modelling

Market Behaviour and Macroeconomic Modelling

Hardcover

EconomicsInvesting & FinanceGeneral Mathematics

ISBN10: 0333718364
ISBN13: 9780333718360
Publisher: Palgrave MacMillan
Published: Jul 22 1998
Pages: 416
Weight: 1.54
Height: 1.13 Width: 5.50 Depth: 8.50
Language: English
Market Behaviour and Macroeconomic Modelling discusses several state-of-the-art developments in the modelling approach to market behaviour in macroeconomic modelling. Leading experts in this field, deal with the implications of market imperfections in commodity markets, capital markets and labour markets for macroeconomic modelling and stabilization policy. They demonstrate that incorporating market imperfections leads to very different policy recommendations than those derived from the standard perfect competition model.

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