Growth and Business Cycles with Equilibrium Indeterminacy
ISBN:
978-4-431-56667-0
Auflage:
Softcover reprint of the original 1st ed. 2017
Verlag:
Springer Tokyo
Land des Verlags:
Japan
Erscheinungsdatum:
15.08.2018
Reihe:
Advances in Japanese Business and Economics
Format:
Softcover
Seitenanzahl:
230
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Over the past two decades, the issue of equilibrium indeterminacy has been one of the major research concerns in macroeconomic dynamics. Growth and Business Cycles with Equilibrium Indeterminacy discusses the main topics in this literature. Based on comprehensive surveys and the author’s original research, this book explores sunspot-driven fluctuations in real business cycle models, multiple equilibria in endogenous growth models, and the stabilization effects of fiscal and monetary policy rules. The book also considers equilibrium indeterminacy in open economy models.
Schlagwörter
Biografische Anmerkung
Kazuo Mino is a professor of Economics at Doshisha University and a professor emeritus of Kyoto University. He is the former president of the Japanese Economic Association and the former editor of the Japanese Economic Review. Prior to joining Doshisha University, he worked at Hiroshima, Tohoku, Kobe and Osaka Universities as well as at Kyoto Institute of Economic Research at Kyoto University. Mino has published extensively on various topics in macroeconomic theory including growth and business cycle models, monetary and fiscal policies and open economy macroeconomics.
