Economic modeling in the post great recession era incomplete data, imperfect markets
| Otros Autores: | , , |
|---|---|
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Hoboken, New Jersey :
John Wiley & Sons, Incorporated
[2017]
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| Edición: | 1st ed |
| Colección: | Wiley and SAS business series.
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| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009849115006719 |
Tabla de Contenidos:
- Intro
- Series
- Title page
- Copyright
- Dedication
- Preface/Justification
- FOUR CHARACTERISTICS OF A LESS-THAN- PERFECT ECONOMY
- WHY THIS BOOK?
- Acknowledgments
- CHAPTER 1 Setting the Context
- THE PROBLEM WITH UNCRITICAL ASSUMPTIONS IN A LESS-THAN-PERFECT ECONOMY
- THE PROBLEM WITH MODELS IN AN IMPERFECT ECONOMY
- FOUR CHARACTERISTICS OF A LESS-THAN-PERFECT ECONOMY
- ECONOMIC POLICY INCONSISTENCIES-THE PARABLE OF STRANGE BEDFELLOWS
- NOTES
- CHAPTER 2 Dynamic Adjustment in an Economy: Frictions Matter
- INTRODUCTION
- QUANTIFYING FRICTIONS: IS THE LONG-RUN AVERAGE A USEFUL GUIDE FOR THE FUTURE?
- MODELING DYNAMIC ADJUSTMENT DUE TO ECONOMIC FRICTIONS: DECISION MAKING IN AN EVOLVING WORLD
- DYNAMIC ECONOMIC ADJUSTMENT: AN EVOLUTION UNTO ITSELF
- Appendix
- A CASE FOR THE MULTIPLE MARKETS: 1983-2008
- THE LABOR MARKET: 1983-2008
- NOTES
- CHAPTER 3 Information: Past Imperfect, Present Incomplete, Future Uncertain
- STORY BEHIND THE NUMBERS
- CONCLUSION
- NOTES
- CHAPTER 4 Price Adjustment and Search for Equilibrium
- WHAT BARRIERS ARE THERE TO PERFECTLY FLEXIBLE PRICES?
- IMPLICATIONS
- FINDING DYNAMIC ADJUSTMENT IN THE DATA
- CONCLUSION
- NOTES
- CHAPTER 5 Business Investment: This Time is Different
- DRIVERS OF BUSINESS SPENDING
- PUTTING IT ALL TOGETHER: EXPLAINING SLOW RECOVERY IN CAPITAL INVESTMENT
- NOTES
- CHAPTER 6 Corporate Profits: Reward, Incentive, and That Standard of Living
- INTRODUCTION: PROFITS AS ESSENTIAL PARTNER
- THE ROLE OF PROFITS IN THE ECONOMIC CYCLE: FIVE DRIVERS
- THE ROLE OF PROFITS: INCENTIVES AND REWARDS
- CONCLUDING REMARKS: MODELING PROFITS
- NOTES
- CHAPTER 7 Labor Market Evolution: Implications for Private-Sector and Public-Policy Decision Makers
- PART I: LABOR MARKET IMPERFECTIONS
- PART II: HETEROGENEITY IN THE LABOR MARKET.
- PART III: HOW DO SECULAR LABOR MARKET TRENDS IMPACT ECONOMIC POLICY?
- NOTES
- CHAPTER 8 Inflation: When What You Get Isn't What You Expect
- INTRODUCTION
- WHAT IS INFLATION?
- WHY DOES INFLATION MATTER?
- WHAT DETERMINES INFLATION?
- INFLATION AFTER THE GREAT RECESSION
- APPLICATION: PREDICTING IF CENTRAL BANKS CAN ACHIEVE PRICE STABILITY
- NOTES
- CHAPTER 9 Interest Rates and Credit: Capital Markets in the Post-Great Recession World
- IMPERFECT GUIDANCE IN AN UNCERTAIN WORLD
- A LOOK AT ACTUAL HISTORY OVER THE LONG RUN
- CREDIT AND ADMINISTERED RATES
- IMPERFECT INFORMATION AND CREDIT
- CONCLUSION: SHIFT FROM HISTORICAL BENCHMARKS
- NOTES
- CHAPTER 10 Three-Dimensional Checkers: Open Economy, Capital Flows, and Exchange Rates
- NEWTON'S THIRD LAW
- INTRODUCING A NEW PRICE TO THE ANALYSIS: THE ROLE OF EXCHANGE RATES
- THREE-DIMENSIONAL CHECKERS ON AN INTERNATIONAL PLAYING FIELD
- A PERFECT MODEL IN AN IMPERFECT WORLD
- CONCLUDING REMARKS: FUTURE LOOKS DIFFERENT
- NOTES
- CHAPTER 11 Assessing Economic Policy in an Imperfect Economy
- GENERALIZED POLICY MODEL
- RULES AND REPUTATION: BEYOND ECONOMIC BENCHMARKS
- CONFRONTING OUR THREE MARKET IMPERFECTIONS
- ECONOMIC POLICY IN THE CONTEXT OF AN IMPERFECT ECONOMY
- NOTES
- About the Authors
- JOHN E. SILVIA
- AZHAR IQBAL
- SARAH WATT HOUSE
- Index
- EULA.
