Macroeconomics. (2013)

• Record Type: Book
• Other Names: Gottfries, Nils
• Contents: Cover; Contents; List of Figures; List of Tables; List of Variables; About the Author; Preface; Author's and Publisher's Acknowledgements; 1 INTRODUCTION; 1.1 The big picture; 1.2 Organization of this book; 1.3 Macroeconomic data; What have we learned?; Where do we go from here?; Exercises; Appendix; 1: THE LONG RUN; 2 PRODUCTION, PRICES, AND THE DISTRIBUTION OF INCOME; 2.1 Production; 2.2 Goods markets and price-setting; 2.3 The natural level of production; 2.4 The real wage and the distribution of income; What have we learned?; Where do we go from here?; Exercises; Appendix. 3 INTEREST RATES AND INVESTMENT3.1 Nominal and real interest rates, and discounting; 3.2 Investment; 3.3 The accelerator effect and the volatility of investment; 3.4 Inventory and housing investment; What have we learned?; Where do we go from here?; Exercises; Appendix; 4 CONSUMPTION AND THE NATURAL RATE OF INTEREST; 4.1 Consumption in a two-period model; 4.2 Consumption in an infinite horizon model; 4.3 Liquidity constraints, demographics, durable goods; 4.4 Aggregate demand and the natural rate of interest; 4.5 The Fisher equation; What have we learned?; Where do we go from here?; Exercises. Appendix5 CAPITAL ACCUMULATION AND GROWTH; 5.1 Long-run adjustment of the capital stock for given population and technology; 5.2 Convergence; 5.3 Population growth and technological development; 5.4 The Golden Rule; 5.5 Why are some countries richer than others?; 5.6 Are poor countries catching up?; 5.7 What determines technological development?; What have we learned?; Where do we go from here?; Exercises; Appendix; 6 WAGE-SETTING AND UNEMPLOYMENT; 6.1 Stocks and flows in the labour market; 6.2 A model of turnover and the job-finding rate; 6.3 A model of wage-setting and unemployment. 6.4 Matching problems and search incentives6.5 Wage bargaining and unions; 6.6 Minimum wages and skill-biased technical change; 6.7 Persistent high unemployment; 6.8 Long-term unemployment; What have we learned?; Where do we go from here?; Exercises; Appendix; 7 MONEY AND INFLATION IN THE LONG RUN; 7.1 The functions of money; 7.2 Money and inflation in the long run; 7.3 Alternative definitions of money; 7.4 Does money growth explain inflation?; 7.5 Money demand; 7.6 Seignorage; 7.7 Should we dislike inflation?; What have we learned?; Where do we go from here?; Exercises; Appendix. 2: THE SHORT RUN8 THE INTEREST RATE AND PRODUCTION IN THE SHORT RUN; 8.1 Goods market equilibrium and the multiplier effect; 8.2 How the interest rate affects demand and production; 8.3 The money market and the interest rate; 8.4 Equilibrium in the goods and money markets; 8.5 Effects of exogenous shocks and policy in the IS-LM model; 8.6 Does monetary policy really matter?; What have we learned?; Where do we go from here?; Exercises; Appendix; 9 ECONOMIC ACTIVITY AND INFLATION IN THE SHORT RUN; 9.1 Unemployment and wage inflation; 9.2 Unemployment and price inflation.
• Publisher Details: Place of publication not identified : Palgrave Macmillan
• Publication Date: 2013
• Extent: 1 online resource
• Subjects: 339; Economics/General; Macroeconomics; Keynesian economics; BUSINESS & ECONOMICS / Economics / Macroeconomics; POLITICAL SCIENCE / Economic Conditions; Keynesian economics; Macroeconomics; Economics/Theory; Macroeconomics; Economics, finance, business & management; Electronic books
• Languages: English
• ISBNs: 1137321806; 9781137321800
• Related ISBNs: 9780230275973; 0230275974
• Notes: Note: Print version record.
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.