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Macroeconomics: An integrated approach. 2nd. ed.

Опубликовано на портале: 25-10-2003
Cambridge, Mass: MIT Press, 1998, 474 с.
Тематический раздел:
Many undergraduate texts treat macroeconomics as a set of distinct topics rather than as a unified body of theory and empirical findings. In contrast, this text by Alan Auerbach and Laurence Kotlikoff uses a single analytic framework - the two-period life-cycle model - to explore and connect each of the major issues in contemporary macroeconomics. The model describes the evolution of the economy over time in terms of the behavior of overlapping generations of individuals, each of whom lives for two periods: youth and old age. This versatile framework can encompass most macroeconomic schools of thought through the alteration of key assumptions. The use of one basic model also allows the authors to explore important topics not always addressed adequately in other texts; these include credit constraints, real business cycles, generational accounting, and international capital flows markets.

Written in a clear, accessible style, this shortened and simplified second edition provides a systematic way to interpret macroeconomic outcomes, to understand various policy proposals, and to appreciate how individuals and firms fit into the big picture.

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    List of Figures

    List of Tables

    Prologue: The Questions of Macroeconomics

    PART ONE: From Micro to Macro: Modeling Income Determination and Growth

  1. Output, Inputs, and Growth
  2. The Dynamic Supply of Inputs
  3. The Dynamic Demand for Inputs and the Evolution of Output
  4. Economic Fluctuations
  5. The Measurement of Output and Prices

    PART TWO: Fiscal and Monetary Policy

  6. Fiscal Policy, Saving, Growth
  7. Money and Prices in the Closed Economy

    PART THREE: Economic Fluctuations

  8. The Keynesian Model of Price and Wage Rigidity
  9. Understanding Recessions
  10. The Nature and Costs of Unemployment
  11. Countercyclical Policy

    PART FOUR: The International Economy

  12. Saving and Growth in the International Economy
  13. Money, Exchange Rates, and Policy in the Open Economy

    PART FIVE: Enriching the Model

  14. The Banking System, the Federal Reserve, and the Money Supply
  15. Saving Behavior and Credit Markets
  16. Financial Markets and the Investment Decision


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См. также:
Nouriel Roubini
Journal of Money, Credit, and Banking. 1998.  Vol. 30. No. 4. P. 721-744. 
Axel Leijonhufvud
Anthony Makin
Сергей Михайлович Дробышевский, Анна Михайловна Козловская, Павел Вячеславович Трунин
Frank Smets
Journal of Monetary Economics. 2003.  Vol. 50. No. 6. P. 1293-1309.