Intertemporal Macroeconomic Models, Money and Regional Choice

Intertemporal macroeconomics links microeconomics and growth theory methods. The effects of policies are examined as the dynamic interaction between decisions of agents and policy interventions. The book explores the two basic approaches of models of infinitely-lived agents (Cass-Ramsey-Koopmans approach) and models of overlapping-generations (Allais-Fisher-Samuelson approach). Controversial questions concerning monetary models and monetary policies are also considered in a systematic way. The book also introduces both real models and monetary models of endogenous growth.

Autorentext

Giuseppe Chirichiello is Professor of Economics, University of Rome.

Zusammenfassung
The book explores the two basic approaches of models of infinitely-lived agents (Cass-Ramsey-Koopmans approach) and models of overlapping-generations (Allais-Fisher-Samuelson approach). The book also introduces both real models and monetary models of endogenous growth.

Inhalt
List of Figures Preface Introduction Descriptive Models of Growth Aggregate Intertemporal Microfounded Models with Infinite Horizon Intertemporal Models of Overlapping Generations Intertemporal Monetary Models with Infinite Horizon Alternative Approaches to Monetary Economies of Overlapping-Generations Mathematical Appendices