The Macroeconomics of Imperfect Competition and Nonclearing Markets
Subtitle: A Dynamic General Equilibrium Approach
Edition: New Ed edition
Publisher: The MIT Press
Published: March 1, 2005
Language: eng
Format: Paperback
Number of pages: 258
ISBN-13: 9780262524360
Subjects: Economic theory & philosophy; Business & Economics; Business / Economics / Finance; Business/Economics; Economics - Macroeconomics; Economics - Theory; Business & Economics / Macroeconomics; Competition, Imperfect; Macroeconomics
First sentence: We will first briefly describe the characteristics of the Walrasian model, and then outline how it has to be generalized to deal with nonclearing markets and imperfect competition.