This insightful book presents topics in applied dynamic
macrotheory for closed and open economies. The authors give an
advanced treatment of macroeconomic topics such as the Phillips
curve, forward and backward looking behavior, open economy
macrodynamics, structural macroeconometric model building as well
as the empirics of Keynesian oriented macro models. The dynamics of
open economies in the context of interacting two country models are
treated as well.
General
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