The Macroeconomics of Imperfect Competition and Nonclearing Markets: A Dynamic General Equilibrium Approach

by Jean-Pascal Bénassy and Jean-Pascal Bnassy

Book Overview

In this book, Jean-Pascal Benassy attempts to integrate into a single unified framework dynamic macroeconomic models reflecting such diverse lines of thought as general equilibrium theory, imperfect competition, Keynesian theory, and rational expectations. He begins with a simple microeconomic synthesis of imperfect competition and nonclearing markets in general equilibrium under rational expectations. He then applies this framework to a large...

• Format: Hardcover
• Language: English
• ISBN: 0262025280
• ISBN13: 9780262025287
• Release Date: January 2003
• Publisher: Mit Press
• Length: 288 Pages
• Weight: 1.40 lbs.
• Dimensions: 0.8" x 6.8" x 8.8"
• Age Range: 18 years and up
• Grade Range: Postsecondary and higher