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Hardcover Macroeconomic Policy Analysis: Open Economies with Quantity Constraints Book

ISBN: 0521343879

ISBN13: 9780521343879

Macroeconomic Policy Analysis: Open Economies with Quantity Constraints

This book introduces the concept of public sector rationing in asset markets and provides a modern non-Walrasian approach to macroeconomic policy analysis. The detailed treatment of credit rationing regimes makes this work particularly relevant to economies where the interest rate is regulated. Other topics covered include the disaggregation of the government into the treasury and the central bank, the specification behavior of households, firms,...

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