Macroeconomics

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Bibliographische Detailangaben
Hauptverfasser: Dornbusch, Rudiger 1942-2002 (VerfasserIn), Fischer, Stanley 1943- (VerfasserIn), Startz, Richard 1952- (VerfasserIn)
Format: Buch
Sprache:English
Veröffentlicht: New York, N.Y. [u.a.] McGraw-Hill Education 2014
Ausgabe:12. Ed., internat. ed.
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Datensatz im Suchindex

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adam_text с ONTENTS Preface vu 1. INTRODUCTION 1 1-1 Macroeconomics Encapsulated in Three Models 3 1-2 To Reiterate ... 10 1-3 Outline and Preview of the Text 17 1-4 Prerequisites and Recipes 18 2. NATIONAL INCOME ACCOUNTING 22 2-1 The Production of Output and Payments to Factors of Production 23 2-2 Outlays and Components of Demand 26 2-3 Some Important Identities 30 2-4 Measuring Gross Domestic Product Зо 2-5 Inflation and Price Indexes 38 2-6 Unemployment 43 2-7 Interest Rates and Real Interest Rates 44 2-8 Exchange Rates 46 2-9 Where to Grab a Look at the Data 47 3. GROWTH AND ACCUMULATION 52 3-1 Growth Accounting 54 3-2 Empirical Estimates of Growth 57 3-3 Growth Theory: The Neoclassical Model 61 4. GROWTH AND POLICY 77 4-1 Growth Theory: Endogenous Growth 78 4-2 Growth Policy 86 5. AGGREGATE SUPPLY AND DEMAND 97 5-1 The Aggregate Supply Curve 70? 5-2 The Aggregate Supply Curve and the Price Adjustment Mechanism 7 04 5-3 The Aggregate Demand Curve 108 5-4 Aggregate Demand Policy Under Alternative Supply Assumptions 7 10 5-5 Supply-Side Economics 7 12 5-6 Putting Aggregate Supply and Demand Together in the Long Run 7 14 6. AGGREGATE SUPPLY AND THE PHILLIPS CURVE 1 1 8 6-1 Inflation and Unemployment 120 6-2 Stagflation, Expected Inflation, and the Inflation-Expectations- Augmented Phillips Curve 123 6-3 The Rational Expectations Revolution 127 6-4 The Wage-Unemployment Relationship: Why Are Wages Sticky? 128 6-5 From Phillips Curve to the Aggregate Supply Curve 1 34 6-6 Supply Shocks 137 6-7 Unemployment and Inflation: Evaluating the Tradeoffs 141 7. UNEMPLOYMENT 152 7-1 The Beveridge Curve 153 7-2 The Anatomy of Unemployment 154 7-3 Full Employment 161 7-4 The Costs of Unemployment 169 8. INFLATION 175 8-1 The Costs of Inflation 176 8-2 Inflation and Indexation: Inflation-Proofing the Economy 181 8-3 Is a Little Inflation Good for the Economy? / 85 9. POLICY PREVIEW 188 9-1 A Media Level View of Practical Policy 1 89 9-2 Policy as a Rule / 9 ? 9-3 Interest Rates and Aggregate Demand / 93 9-4 Calculating How to Hit the Target 194 10. INCOME AND SPENDING 1 97 10-1 Aggregate Demand and Equilibrium Output 198 10-2 The Consumption Function and Aggregate Demand / 99 10-3 The Multiplier 205 10-4 The Government Sector 209 10-5 The Budget 214 10-6 The Full-Employment Budget Surplus 217 11. MONEY, INTEREST, AND INCOME 223 11-1 The Goods Market and the IS Curve 228 11-2 The Money Market and the IM Curve 236 11-3 Equilibrium in the Goods and Money Markets 243 11-4 Deriving the Aggregate Demand Schedule 245 11-5 A Formal Treatment of the IS-LM Model 247 12. MONETARY AND FISCAL POLICY 252 12-1 Monetary Policy 254 12-2 The Zero Lower Bound and Unorthodox Monetary Policy 26 1 12-3 Fiscal Policy and Crowding Out 268 12-4 The Composition of Output and the Policy Mix 273 12-5 The Policy Mix in Action 277 13. INTERNATIONAL LINKAGES 289 13-1 The Balance of Payments and Exchange Rates 291 13-2 The Exchange Rate in the Long Run 298 13-3 Trade in Goods, Market Equilibrium, and the Balance of Trade 301 13-4 Capital Mobility 305 13-5 The Mundell-Fleming Model: Perfect Capital Mobility Under Fixed Exchange Rates 310 13-6 Perfect Capital Mobility and Flexible Exchange Rates 3 14 14. CONSUMPTION AND SAVING 325 14-1 The Life -Су cle— Permanent-Income Theory of Consumption and Saving 330 14-2 Consumption Under Uncertainty: The Modern Approach 334 14-3 Further Aspects of Consumption Behavior 339 15. INVESTMENT SPENDING 351 15-1 The Stock Demand for Capital and the Flow of Investment 355 15-2 Investment Subsectors — Business Fixed, Residential, and Inventory 364 15-3 Investment and Aggregate Supply 375 16. THE DEMAND FOR MONEY 381 16-1 Components of the Money Stock 382 16-2 The Functions of Money 385 16-3 The Demand for Money: Theory 387 16-4 Empirical Evidence 391 16-5 The Income Velocity of Money 395 17. THE FED, MONEY, AND CREDIT 402 17-1 Money Stock Determination: The Money Multiplier 403 17-2 The Instruments of Monetary Control 408 17-3 The Money Multiplier and Bank Loans 414 11 -A Control of the Money Stock and Control of the Interest Rate 4 15 17-5 Money Stock and Interest Rate Targets 4 16 17-6 Money, Credit, and Interest Rates 419 17-7 Which Targets for the Fed? 423 18. POLICY 427 18-1 Lags in the Effects of Policy 429 18-2 Expectations and Reactions 434 18-3 Uncertainty and Economic Policy 437 18-4 Targets, Instruments, and Indicators: A Taxonomy 439 18-5 Activist Policy 440 18-6 Which Target? — A Practical Application 445 18-7 Dynamic Inconsistency and Rules Versus Discretion 447 19. FINANCIAL MARKETS AND ASSET PRICES 455 19-1 Interest Rates: Long and Short Term 456 19-2 The Random Walk of Stock Prices 462 19-3 Exchange Rates and Interest Rates 466 20. THE NATIONAL DEBT 470 20-1 Mechanics of the Debt 477 20-2 Who Owns the Debt? 479 20-3 When Is the Debt a Crisis? Politics and Economics 480 20-4 Debt in the International Arena 485 21. RECESSION AND DEPRESSION 491 21-1 The Great Moderation 492 21-2 The Great Recession: Bubbles and Bust 494 21-3 The Great Depression: the Facts 497 21-4 The Great Depression: The Issues and Ideas 502 22. INFLATION AND HYPERINFLATION 508 22-1 Money and Inflation in Ordinary Business Cycles 509 22-2 Hyperinflation 514 22-3 Deficits, Money Growth, and the Inflation Tax 522 23. INTERNATIONAL ADJUSTMENT AND INTERDEPENDENCE 530 23-1 Adjustment Under Fixed Exchange Rates 53 1 23-2 Exchange Rate Changes and Trade Adjustment: Empirical Issues 541 23-3 The Monetary Approach to the Balance of Payments 547 23-4 Flexible Exchange Rates, Money, and Prices 550 23-5 Interest Differentials and Exchange Rate Expectations 556 23-6 Exchange Rate Fluctuations and Interdependence 559 23-7 The Choice of Exchange Rate Regimes 566 24. ADVANCED TOPICS 573 24-1 An Overview of the New Macroeconomics 574 24-2 The Rational Expectations Revolution 580 24-3 The Microeconomics of the Imperfect Information Aggregate Supply Curve 587 24-4 The Random Walk of GDP: Does Aggregate Demand Matter, or Is It All Aggregate Supply? 591 24-5 Real Business Cycle Theory 595 24-6 A New Keynesian Model of Sticky Nominal Prices 598 24-7 Dynamic Stochastic General Equilibrium Models 602 24-8 Bringing It All Together 604 Appendix 609 Glossary ó 7 5 Index 6 35
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author Dornbusch, Rudiger 1942-2002
Fischer, Stanley 1943-
Startz, Richard 1952-
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Fischer, Stanley 1943-
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edition 12. Ed., internat. ed.
format Book
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spellingShingle Dornbusch, Rudiger 1942-2002
Fischer, Stanley 1943-
Startz, Richard 1952-
Macroeconomics
Makroökonomie (DE-588)4037174-8 gnd
subject_GND (DE-588)4037174-8
(DE-588)4123623-3
title Macroeconomics
title_auth Macroeconomics
title_exact_search Macroeconomics
title_full Macroeconomics Rudiger Dornbusch ; Stanley Fischer ; Richard Startz
title_fullStr Macroeconomics Rudiger Dornbusch ; Stanley Fischer ; Richard Startz
title_full_unstemmed Macroeconomics Rudiger Dornbusch ; Stanley Fischer ; Richard Startz
title_short Macroeconomics
title_sort macroeconomics
topic Makroökonomie (DE-588)4037174-8 gnd
topic_facet Makroökonomie
Lehrbuch
url http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=027224713&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA
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