Asset Markets, Portfolio Choice and Macroeconomic Activity [electronic resource] : A Keynesian Perspective /
Asada, T.author.
Flaschel, P.author.
Mouakil, Tarik.author.
Proaño, Christian.author.
This book extends the KMG framework (Keynes, Meltzer, Goodwin) and focuses on financial issues. It integrates Tobin's macroeconomic portfolio approach and emphasizes the issue of stock-flow consistency.
Description based upon print version of record.
Cover; Contents; List of Figures; List of Tables; List of Abbreviations; Preface; 1 General Introduction; 2 Advances in AS-AD Model Building: Real Disequilibria and Portfolio Choice; 3 Tobinian Stock-Flow Interactions in the KMG Framework; 4 Analysis and Policy Implications of the KMG-Tobin Model; 5 Tobinian Stock-Flow Interactions in the Mundell-Fleming Model; 6 International Capital Flows: Two Extensions of the MFTobin Model; 7 Fiscal and Monetary Policy, Stocks and the Term Structure of Interest Rates; Mathematical Appendices and Notation; Notes; References; Author/Name Index
Subject Index
Includes bibliographical references and indexes.
This book extends the KMG framework (Keynes, Meltzer, Goodwin) and focuses on financial issues. It integrates Tobin's macroeconomic portfolio approach and emphasizes the issue of stock-flow consistency.
Macroeconomics.
Economic theory.
Economic policy.
Economics.
Finance.
Macroeconomics/Monetary Economics//Financial Economics.
Economic Theory/Quantitative Economics/Mathematical Methods.
Political Economy/Economic Systems.
Finance, general.