具体描述
These two lectures explore how time is modeled in theoretical analyses of individual industries and of the entire economy. The atemporal Marshallian model is contrasted with an explicit time model with uncertainty about costs at the firm level. The book also examines data on job creation and job destruction; price setting behavior in monopolistic competition and costly search models; data on price changes; and both cyclical and seasonal data on the entire economy. With a focus on the command over purchasing power, the Arrow-Debreu and Hicksian ISLM models are compared with a number of explicit time models.
作者简介
Peter A. Diamond, Massachusetts Institute of Technology
目录信息
Lecture I. Modelling an Industry:
1. Short run and long run
2. Pricing
Lecture II. Modelling an Economy:
3. Short run and long run
4. Money, income and credit
References
Index.
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读后感
用户评价
Part 1 is more relevant (search & pricing) to my research interests.// Peter Diamond is one that has a comprehensive view on both micro and macro.
Part 1 is more relevant (search & pricing) to my research interests.// Peter Diamond is one that has a comprehensive view on both micro and macro.
Part 1 is more relevant (search & pricing) to my research interests.// Peter Diamond is one that has a comprehensive view on both micro and macro.
Part 1 is more relevant (search & pricing) to my research interests.// Peter Diamond is one that has a comprehensive view on both micro and macro.
Part 1 is more relevant (search & pricing) to my research interests.// Peter Diamond is one that has a comprehensive view on both micro and macro.