Author: F. Gulcin OzkanPublisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Macroeconomic Policy Games in Closed and Open Economies
Author: F. Gulcin OzkanMacroeconomic Policy Games
Author: Arno RiedlPublisher: Springer Science & Business Media
ISBN: 3642503071
Category : Business & Economics
Languages : en
Pages : 131
Book Description
Subject and purpose of the book is the investigation of economic policy issues with the help of non-cooperative game theory. The most important feature of our work is to look at the possible strategic interactions between various economic agents and/or institutions. We are also investigating the potential effects on efficiency and welfare if agents act in a strategic way. The method of non-cooperative game theory leads in general to results which differ from that derived in using "traditional" economic theory.
An Open Economy Macroeconomics Reader
Author: Mehmet UgurPublisher: Psychology Press
ISBN: 9780415253321
Category : Business & Economics
Languages : en
Pages : 572
Book Description
This book draws together the seminal contributions to the literature on the nature of macroeconomics in open economies and illuminates the material. This is an essential guide to the subject for students.
The Macroeconomics of Open Economies Under Labour Mobility
Author: George M AgiomirgianakisPublisher: Routledge
ISBN: 0429809301
Category : Business & Economics
Languages : en
Pages : 202
Book Description
First published in 1999, this study recognises the importance of international labour mobility for modern economics. This is in large part due to its effects on the size, age structure and skills of the labour force, the human flow between countries and the expected rise in scale as a result of income differentials, demographic pressures and differential labour-force growth rates along with developments in transport and communications. These migrations are increasingly volatile and unpredictable, whilst being concentrated in regions like Australia, the USA, Sub-Saharan Africa and Western Europe. Given the extensive literature on the microeconomic view, George M. Agiomirgianakis aims to extend the debate on open economy macroeconomics through an exploration of international labour mobilities and their effects on open economies with flexible exchange rates.
Macroeconomic Policy Games
Author: Arno RiedlPublisher: Physica
ISBN: 9783642503085
Category : Business & Economics
Languages : en
Pages : 123
Book Description
Subject and purpose of the book is the investigation of economic policy issues with the help of non-cooperative game theory. The most important feature of our work is to look at the possible strategic interactions between various economic agents and/or institutions. We are also investigating the potential effects on efficiency and welfare if agents act in a strategic way. The method of non-cooperative game theory leads in general to results which differ from that derived in using "traditional" economic theory.
Illegal Immigration and Macroeconomic Policy Games in Small Open Economies with Heterogeneous Labour
Author: Athina ZervoyianniPublisher:
ISBN:
Category : Economics
Languages : en
Pages :
Book Description
Aspects of Macroeconomic Policy in Closed and Open Economies
Author: Sugata GhoshRules, Reputation and Macroeconomic Policy Coordination
Author: David A. CurriePublisher: Cambridge University Press
ISBN: 052144196X
Category : Business & Economics
Languages : en
Pages : 441
Book Description
In this book David Currie and Paul Levine address a broad range of issues concerning the design and conduct of macroeconomic policy in open economies. Adopting neo-Keynesian models for which monetary and fiscal policy have short-term real effects, they analyse active stabilisation policies in both a single- and multi-country context. Questions addressed include: the merits of simple policy rules, policy design in the face of uncertainty and international policy coordination. A central feature of the book is the treatment of credibility and the effect of a policy-maker's reputation for sticking to announced policies. These considerations are integrated with coordination issues to produce a unique synthesis. The volume develops optimal control methods and dynamic game theory to handle relationships between governments and a conscious rational private sector and produces a unified, coherent approach to the subject. This book will be of interest to students and teachers of open economy macroeconomics and to professional economists interested in using macroeconomic models to design policy.
Macroeconomic Policy Coordination of Interdependent Economies
Author: Juan Carlos MartÃnez OlivaPublisher:
ISBN:
Category : Economic policy
Languages : en
Pages : 40
Book Description
Dynamic Policy Games in Economics
Author: F. van der PloegPublisher: Elsevier
ISBN: 1483294854
Category : Business & Economics
Languages : en
Pages : 348
Book Description
The aim of this volume is to consider intertemporal and strategic issues in the formulation of economic policy so that dynamic game methodology is appropriate. When changes in economic policy are evaluated the reactions and expectations of other economic agents cannot be ignored, and in a dynamic setting issues like time inconsistency, subgame perfectness, reputation and information become important. The papers contained in this volume are the revised versions of those presented at a conference held in 1988 at Tilburg University, The Netherlands. They include methodological contributions and strategic analyses of macroeconomic policy, resource economics, international policy coordination and the arms race.