Macroeconomic policy analysis
Material type:
- 521343879
- 339.53 AMO
Item type | Current library | Call number | Status | Date due | Barcode | Item holds |
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Gandhi Smriti Library | 339.53 AMO (Browse shelf(Opens below)) | Available | 36764 |
In this book, Michael Amos presents a modern, non-Walrasian approach to macroeconomic poli cy analysis. Within his theoretical framework, the author introduces the concept of public sector rationing in asset markets.
Some of the distinguishing features of this book are the disaggregation of the government into the treasury and the central bank, and the specification of the behavior of households, firms, and the central bank as intertemporal op timizers. The detailed treatment of credit ration ing regimes makes portions of this work particu larly relevant to economies where the interest rate is regulated.
Intended for policymakers, economists, and advanced students, the book provides models that can easily be extended to take into account institutional and economic structures of all types of economies, and the particular needs of the policy analyst before empirical implementation.
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