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<図書>
Intertemporal planning, exchange, and macroeconomics

責任表示 D.F.I. Folkerts-Landau
データ種別 図書
出版情報 Cambridge [England] ; New York : Cambridge University Press , 1982
本文言語 英語
大きさ xi, 171 p. : ill. ; 24 cm
概要 This book is an original and rigorous effort to incorporate into modern general equilibrium macroeconomics an analysis of the transactions and accumulation behavior of individuals. It has become widel... recognized that much of the demise of contemporary macroeconomic analysis is attributable to the absence of a foundation in microeconomic and general equilibrium theory. This study attempts to remedy these shortcomings. The author first investigates the way individual agents trade and accumulate money, bonds, and goods over their life cycle. The explicit introduction of trading costs in the form of a transactions technology sets this analysis apart from the available literature. The author then examines the consequences of these results for the behaviour of the economy as a whole. The role of a government in aiding the economy to attain an efficient equilibrium is discussed. Finally, the author analyzes the behaviour of prices, quantities traded, and assets held when information is incomplete and markets do not clear instantaneously. In this situation the learning behaviour of the individual determines the dynamics of the system. 続きを見る

所蔵情報



中央図 3B 331/F 37/1 1982
068172182019403

書誌詳細

別書名 背表紙タイトル:Intertemporal planning, exchange, & macroeconomics
一般注記 Bibliography: p. 162-168
Includes index
著者標目 *Folkerts-Landau, D. F. I. (David Fokke Ihno), 1949-
件 名 LCSH:Macroeconomics
LCSH:Equilibrium (Economics)
LCSH:Time and economic reactions
分 類 LCC:HB172.5
DC19:339
書誌ID 1000535786
ISBN 0521230675
NCID BA03544858
巻冊次 ISBN:0521230675
登録日 2009.09.14
更新日 2009.09.14