Real-Financial Interaction in Contemporary Models of As-Ad Growth

Name: Real-Financial Interaction in Contemporary Models of As-Ad Growth
Brand: Peter Lang Gmbh, Internationaler Verlag Der W
SKU: 9783631503171
Price: 4550.0 INR
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by Peter Flaschel , Carsten Köper

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ISBN13: 9783631503171
Binding: Paperback
Subject: N/A
Publisher: Peter Lang Gmbh, Internationaler Verlag Der W
Publisher Imprint: Peter Lang Gmbh, Internationaler Verlag Der W
Publication Date: July 23, 2003
Pages: 162
Original Price: GBP 44.0
Language: English
Edition: N/A
Item Weight: 242 grams
BISAC Subject(s): Finance / General

About The Book

Starting from a modern approach to dynamic aggregate supply and aggregate demand modeling with rigorous steady state existence and stability proofs in the first part, this book reconsiders the modeling of financial asset markets in a closed economy, and suggests a number of improvements. In particular a Tobinian general equilibrium mechanism is introduced into these markets in part two of this book. In part three the influence of government interest payments (in the first two parts neutralized by tax rules) and its impact on the dynamic system is treated analytically. Steady state and comparative static analysis and also rigorous stability proofs are performed for the models as well.

About The Author

The Author: Carsten Köper was born in 1968. He graduated in economics at the University of Bielefeld in 1996, where he also undertook his doctoral studies and joined the programme Graduiertenkolleg 'Mathematische Wirtschaftsforschung' of the Deutsche Forschungsgemeinschaft. He submitted his doctoral dissertation at the University of Bielefeld in 2002. Today Carsten Köper works in the financial branch of an electronic company in Munich.

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