Browsing by Author "Asada Toichiro"

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Browsing by Author "Asada Toichiro"

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  • AD-AS and the Phillips curve: a baseline disequilibrium model 
    Asada Toichiro; Chen Pu; Chiarella Carl; Flaschel Peter (Elsevier, 2006)
  • Interacting Two-Country Business Fluctuations: Euroland and the USA 
    Asada Toichiro; Chiarella Carl; Flaschel Peter; Franke Reiner (Palgrave, 2007)
    This book presents recent theoretical and empirical advances on business cycles analysis with particular attention to Euro-zone characteristics. It also identifies applications of sophisticated tools by private and public ...
  • Keynesian dynamics and the wage-price spiral: a baseline disequilibrium approach 
    Asada Toichiro; Chen Pu; Chiarella Carl; Flaschel Peter (Economics Society of Australia, 2004)
    We reformulate and extend the standard AS-AD growth model of the Neoclassical Synthesis (stage I) with its traditional microfoundations. The model still has an LM curve in the place of a Taylor interest rate rule, exhibits ...
  • Keynesian dynamics and the wage-price spiral: a baseline disequilibrium model 
    Asada Toichiro; Chen Pu; Chiarella Carl; Flaschel Peter (Louisiana State University Press, 2006)
    We reformulate the traditional AS-AD growth model of the Neoclassical synthesis, stage I, as a disequilibrium approach to aggregate supply analysis, with sticky wages, sticky prices, myopic perfect foresight on current ...
  • Monetary Macrodynamics 
    Asada Toichiro; Chiarella Carl; Flaschel Peter; Franke Reiner (Routledge, 2010)
    This book investigates the interaction of effective goods demand with the wage-price spiral, and the impact of monetary policy on financial and the real markets from a Keynesian perspective. Endogenous business fluctuations ...
  • Open Economy Macrodynamics: An Integrated Disequilibrium Approach 
    Asada Toichiro; Chiarella Carl; Flaschel Peter; Franke Reiner (Springer-Verlag, 2003)
  • Stabilizing an unstable economy: On the choice of proper policy measures 
    Asada Toichiro; Chiarella Carl; Flaschel Peter; Mouakil Tarik; Proaã±O Christian; Semmler Willi (Universitaet Kiel, Institut fuer Weltwirtschaft, 2010)
    In the last months, the world's economies were confronted with the largest economic recession since the Great Depression. The occurrence of a worldwide financial market meltdown as a consequence originally stemming from ...
  • Stock-flow Interactions, Disequilibrium Macroeconomics and the Role of Economic Policy 
    Asada Toichiro; Chiarella Carl; Flaschel Peter; Mouakil Tarik; Proano C; Semmler Willi (Wiley-Blackwell, 2011)
    This paper presents the `KMGT¿ (Keynes¿Metzler¿Goodwin¿Tobin) portfolio model and studies its stability properties. The approach to macrodynamic modelling taken here extends the KMG model of Chiarella and Flaschel (2000), ...