The Macroeconomics of Imperfect Competition and Nonclearing Markets
Subtitle: A Dynamic General Equilibrium Approach
Publisher: The MIT Press
Published: January 3, 2003
Language: eng
Format: Hardcover
Number of pages: 320
ISBN-13: 9780262025287
Subjects: Economic theory & philosophy; Economic Theory; Macroeconomics; Business & Economics; Business / Economics / Finance; Business/Economics; Economics - Macroeconomics; Economics - Theory; Business & Economics / Macroeconomics; Equilibrium (Economics); Keynesian economics; Mathematical models; Rational expectations (Economi; Rational expectations (Economic theory)
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.