Three Essays in Macroeconomics
Author : Michael K. Gavin
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Page : 414 pages
File Size : 20,42 MB
Release : 1986
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Author : Michael K. Gavin
Publisher :
Page : 414 pages
File Size : 20,42 MB
Release : 1986
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Author : Songook Park
Publisher :
Page : 147 pages
File Size : 42,71 MB
Release : 2006
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ISBN : 9780542790508
Second, Chapter 1 shows that even if we incorporate a positive labor growth rate and concavity in the R&D production function with respect to accumulated knowledge and labor, the decentralized equilibrium balanced growth rate can be different from the socially optimal growth rate through what we call a "knowledge duplication" effect.
Author : David Henry Bowman
Publisher :
Page : 230 pages
File Size : 23,27 MB
Release : 1993
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Author : Bobbie Lee Horn
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Page : 202 pages
File Size : 30,73 MB
Release : 1986
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Author : Marnix Amand
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Page : 166 pages
File Size : 17,25 MB
Release : 2011
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Author : Shuaiyi Liu
Publisher :
Page : 164 pages
File Size : 35,21 MB
Release : 2020
Category : Electronic books
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The thesis is made up of three chapters that work on three distinct topics in macroeconomics. The first chapter is a theoretical work on monetary policy, in which a coherent and intuitive large-scale Dynamic Stochastic General Equilibrium (DSGE) model matching with particulars of the Chinese economy is established to understand how and why Reserve Requirement Ratio (RRR) works within Chinese monetary policy regime. The second chapter reveals the relationship between phenomenon of inequality and secular stagnation with a three-period Overlapping Generations (OLG) model built within a heterogeneous agent framework. It also points out workable ways of conducting macroprudential policy given the aforesaid two phenomena. The third chapter both theoretically and empirically examines effectiveness of the currency board system in Hong Kong using an advanced macroeconomic modeling toolbox as well as a workhorse model used by a mass of central banks that is further modified to be in line with reality of the Hong Kong economy.
Author : Xue Qiao
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Page : pages
File Size : 38,70 MB
Release : 2007
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Author : Jeffrey Malcolm Lacker
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Page : 192 pages
File Size : 30,51 MB
Release : 1984
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Author : Suvayan De
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Page : 94 pages
File Size : 47,98 MB
Release : 2008
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Author : R. Andrew Bauer (Emory University Graduate Student.)
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Page : 0 pages
File Size : 41,5 MB
Release : 2007
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