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Monetary Policy and the German Unemployment Problem in Macroeconomic Models: Theory and Evidence (Kieler Studien - Kiel Studies) [Hardcover]

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Item description for Monetary Policy and the German Unemployment Problem in Macroeconomic Models: Theory and Evidence (Kieler Studien - Kiel Studies) by Jan Gottschalk...

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.



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Item Specifications...


Pages   288
Est. Packaging Dimensions:   Length: 9.3" Width: 6.3" Height: 0.9"
Weight:   1.45 lbs.
Binding  Hardcover
Release Date   Oct 19, 2005
Publisher   Springer
ISBN  3540256504  
ISBN13  9783540256502  


Availability  125 units.
Availability accurate as of Jan 19, 2017 08:46.
Usually ships within one to two business days from La Vergne, TN.
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Product Categories

1Books > Special Features > New & Used Textbooks > Business & Finance > Economics > Macroeconomics
2Books > Subjects > Business & Investing > Biographies & Primers > Labor Policy
3Books > Subjects > Business & Investing > Economics > General
4Books > Subjects > Business & Investing > Economics > Labor & Industrial Relations
5Books > Subjects > Business & Investing > Economics > Macroeconomics
6Books > Subjects > Business & Investing > Economics > Unemployment
7Books > Subjects > Business & Investing > General
8Books > Subjects > Business & Investing > Reference > General
9Books > Subjects > Reference > General



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