Economics 314 Coursebook

نویسنده

  • Jeffrey Parker
چکیده

A. Topics and Tools ............................................................................ 1 B. The Lucas Model in Historical Perspective............................................ 2 Keynesian macroeconomics in the 1960s ......................................................................... 2 Monetarism ................................................................................................................. 3 The analytical framework of the Keynesian/monetarist debate ......................................... 3 Rational expectations .................................................................................................... 4 Policy ineffectiveness ..................................................................................................... 6 Lucas and macroeconomic modeling .............................................................................. 6 C. Understanding Romer’s Section 6.9 ..................................................... 7 The basic idea .............................................................................................................. 7 Modeling considerations ................................................................................................ 9 Romer’s formalization of the Lucas model..................................................................... 10 The signal-extraction problem ...................................................................................... 11 Policy ineffectiveness ................................................................................................... 13 D. Aggregate Supply and Demand and the Lucas Model .............................. 14 E. Works Cited in Text ....................................................................... 16

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Economics 314 Coursebook , 2010 Jeffrey Parker 10 AGGREGATE SUPPLY WITH IMPERFECT INFORMATION

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تاریخ انتشار 2012