TY  - BOOK
AU  - Carsten Köper
PY  - 2021
CY  - Berlin, Germany
PB  - Peter Lang Verlag
TI  - Real-Financial Interaction in Contemporary Models of AS-AD Growth
UR  - https://www.peterlang.com/document/1095361
N2  - Starting from a modern approach to dynamic aggregate supply and aggregate demand modeling with rigorous steady state existence and stability proofs in the first part, this book reconsiders the modeling of financial asset markets in a closed economy, and suggests a number of improvements. In particular a Tobinian general equilibrium mechanism is introduced into these markets in part two of this book. In part three the influence of government interest payments (in the first two parts neutralized by tax rules) and its impact on the dynamic system is treated analytically. Steady state and comparative static analysis and also rigorous stability proofs are performed for the models as well.
KW  - Monetäre Wachstumstheorie, Portfolio Selection, Makroökonomisches Modell, Keynesianismus, Wirtschaftsfluktuation, General Equilibrium, Ungleichgewichtstheorie, General Aggregative Models
LA  - English
ER  -