Chiarella, Carl creator Flaschel, Peter text xx Cambridge University Press 2000 9999 monographic d d

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318 pages Originally published in 2000, this book is in the tradition of non-market-clearing approaches to macrodynamic approaches. It builds a series of integrated disequilibrium growth models of increasing complexity, which display the economic interaction between households, firms and government across labour, goods, money, bonds and equities markets. Chiarella and Flaschel demonstrate how macrodynamics can be developed in a hierarchical way from economically simple structures to more advanced ones. In addition it investigates complex macrodynamic feedback mechanisms. Chiarella, Carl; Flaschel, Peter Business & Economics 339.53 CHI 9780521643511 260302 20260302161943.0