Compare Prices | Create Shopping Lists with Price Drop Alerts | Set Coupons, Promo Codes & Sales Alerts | Get Access to Exclusive Deals and Much More... All in One Place | Read all about it here

Emergent Macroeconomics

Emergent Macroeconomics

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9788847007246
Condition
New
Product Description

by exploiting the disequilibrium and non linear relationships among economic aggregates. Prom an empirical point of view, this approach resemblaces the old NBER view, according to which: "the business cycle [. . . ] consists of - pansions occurring at about the same time in many economic activities, f- lowed by similairly general recessions, contractions, and revivals which merge into the expansion phase of the next cyxle" (Burns and Mitchell, 1946). They add that the movement, although recurrent, is not periodic, lasting from 1 to 12 years, and it is not divisible into shorter cycles. Of course, both approaches are not free from limits and inconsistencies. In spite of the equilibrium approach having nowadays became the workhorse of modern macroeconomics, for example, their users still find enormous d- ficulties in explaining why small shocks produce large fluctuations. A well known argument in multi sector real business cycle models (see e. g. Long and Plosser, 1983) is that as the number of sectors or industries considered in the analysis becomes large, aggregate volatility must tend to zero very quickly. This result, which follows directly from the Law of Large Numbers (LLN), rests on the hypothesis that each sector is periodically buffeted with idiosyncratic, identically and independently distributed shocks to Total F- tor Productivity (TFP).

Available Colors
Available Sizes
1 Offer Price Range: $39.99 - $39.99
BEST PRICE

Single Product Purchase

$39.99
@ Link.springer.com     BUY Now

Price Comparison

Seller Contact Seller List Price On Sale Shipping Best Promo Final Price Volume Discount Financing Availability Seller's Page
BEST PRICE
1 Product Purchase
@ Link.springer.com
Contact Store Call Store Contact Support
$39.99 $39.99

$39.99
See Site In stock Visit Store

Similar Products

Reclaiming Education

$119.99

Internationalisation Strategies

$109.99

Landform - Structure, Evolution, Process Control

$169.99

Finanzierung der nuklearen Entsorgung

$74.99

Feuerungsuntersuchungen des Vereins fr Feuerungsbetrieb und Rauchbekmpfung in Hamburg

$69.95

Forensik in der digitalen Welt

$89.99

Unternehmensreputation und M&A-Transaktionen

$74.99

Contemporary Organized Crime

$119.00

Project Management

$89.99

Kritisch denken treffend argumentieren

$37.99

Erfolgsfaktor Content Management

$44.99

Stammkunden profitabel managen

$44.99

Predictive Analytics for Mechanical Engineering: A Beginners Guide

$44.99

Writing Feminist Lives

$99.99

Suffering Art Gladly

$109.99

Rightness as Fairness

$99.99

Edward Said and the Authority of Literary Criticism

$89.99

Plasma Assisted Decontamination of Biological and Chemical Agents

$169.00

Women in Leadership

$139.00

Regionales Regieren in der Europischen Union

$49.99

Urbanitt

$59.99

Glaukom 2007

$14.99

Statistical Analyses for Language Testers

$69.99

The Magic School Bus: El autobs mgico y el calentamiento global

$5.24

Interorganisationale Informationssysteme in der maritimen Transportkette

$69.99

Normatives Entscheiden

$17.99

Software, System, and Service Engineering

$54.99

Solar-Terrestrial Physics/1970

$84.99

Entertainment Computing ICEC 2020

$84.99

New Strategies for N-Heterocyclic Carbenes Catalyzed Annulations

$109.99

Functional Metal-Organic Frameworks: Gas Storage, Separation and Catalysis

$349.00

Handbook of Climate Change Communication: Vol. 1

$219.99

Ling & Ting: Twice as Silly

$3.71

Was determiniert Wortstellungsvariation?

$69.99

Hot Work Tool Steel

$39.99

Information Security

$39.99

Transformation von Fernsehformaten in die Volksrepublik China

$59.99

European Identity through Space

$84.99

Coronary flow reserve - measurement and application: Focus on transthoracic Doppler echocardiography

$84.99

Vorproben und Trennungen der Kationen und Anionen

$59.99