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Behavioural macroeconomics : theory and policy / [electronic resource]
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| 자료유형 | E-Book |
|---|---|
| 개인저자 | Grauwe, Paul de, author. Ji, Yuemei, author. |
| 서명/저자사항 | Behavioural macroeconomics :theory and policy /Paul de Grauwe and Yuemei Ji.[electronic resource] |
| 판사항 | First edition. |
| 발행사항 | Oxford : Oxford University Press, 2019. |
| 형태사항 | 1 online resource (xi, 260 pages) : illustrations |
| 소장본 주기 | Master record variable field(s) change: 050 |
| ISBN | 9780192568366 0192568361 9780192568359 0192568353 |
| 서지주기 | Includes bibliographical references and index. |
| 내용주기 | Introduction -- Part I: The basics. The need for a new approach in macroeconomic modelling -- The basic behavioural model -- Inertia in macroeconomic variables -- Non-normality in the output gap -- How are shocks transmitted? -- Simple and complex rules -- Part II: Applications. Optimal monetary policies -- Inflation targets and the zero lower bound -- Monetary policy and structural reforms -- Fiscal policy, output stabilization, and debt sustainability -- Banks and monetary policy -- Synchronization of business cycles |
| 요약 | "Modern macroeconomics has been based on the paradigm of the rational individual capable of understanding the complexity of the world. This has created a very shallow theory of the business cycle in which nothing happens in the macroeconomy unless shocks occur from outside. Behavioural Macroeconomics: Theory and Policy uses a different paradigm. It assumes that individual agents experience cognitive limitations preventing them from having rational expectations. Instead these individuals use simple rules of behaviour. 0Behavioural Macroeconomics introduces rationality by allowing individuals to learn from their mistakes and to switch to the rules that perform better. It introduces the idea of endogenously generated "animals spirits" that drive the business cycle and are in turn influenced by it, and applies this model to shed new light on a number of important issues. It analyses the role of fiscal policy in stabilizing the economy while maintaining debt sustainability; expands the model to include a banking sector and show how banks amplify the booms and busts; and explains how animal spirits help to synchronize the business cycles across countries. The model set out in Behavioural Macroeconomics leads to very different policy implications from the mainstream macroeconomic model. It shows how policymakers have a responsibility to stabilize an otherwise unstable system"--Publisher's description. |
| 일반주제명 | Economics -- Psychological aspects. Macroeconomics -- Psychological aspects. Macroeconomics -- Methodology. Economics -- Psychological aspects. Macroeconomics -- Methodology. Verhaltenssteuerung Wirtschaftliches Verhalten Makroo?konomie |
| 언어 | 영어 |
| 기타형태 저록 | Print version:Grauwe, Paul de.Behavioural macroeconomics.First edition.New York, NY : Oxford University Press, 20199780198832324 |
| 대출바로가기 | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=2282128 |
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| No. | 등록번호 | 청구기호 | 소장처 | 도서상태 | 반납예정일 | 예약 | 서비스 | 매체정보 |
|---|---|---|---|---|---|---|---|---|
| 1 | WE00020080 | 339.019 | 가야대학교/전자책서버(컴퓨터서버)/ | 대출가능 |
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