Download Any Book Monetary Policy and the German Unemployment Problem in Macroeconomic Models

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Monetary Policy and the German Unemployment Problem in Macroeconomic Models High quality books

Monetary Policy and the German Unemployment Problem in Macroeconomic Models
By:Jan Gottschalk
Published on 2005-08-31 by Springer Science & Business Media

Having the high unemployment in Germany in mind, this book discusses how macroeconomic theory has evolved over the past forty years. It shows that in recent years a convergence has taken place, with modern models embodying a Keynesian transmission mechanism, monetarist policy implication, and modeling techniques inspired by new classical economics and real business cycle theory. It also probes in which direction models may be extended from here. Empirically, the book uses different econometric techniques to investigate the relevance and implications of different macroeconomic theories for German data. A key question this book investigates is the role of demand and supply side conditions for the increase in the German unemployment rate. On a policy level, the book relates the implications of the different theories to the ongoing debate on the appropriate roles of demand and supply side policies for curing the German unemployment problem.

This Book was ranked at 26 by Google Books for keyword Classical dichotomy.

Book ID of Monetary Policy and the German Unemployment Problem in Macroeconomic Models's Books is Qd2KdwNlTIIC, Book which was written byJan Gottschalkhave ETAG "YjBu7RYm4LE"

Book which was published by Springer Science & Business Media since 2005-08-31 have ISBNs, ISBN 13 Code is 9783540256502 and ISBN 10 Code is 3540256504

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Book which have "288 Pages" is Printed at BOOK under CategoryBusiness and Economics

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