Financial Markets and the Macroeconomy: A Keynesian Perspective

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dc.contributor.author Chiarella, Carl en_US
dc.contributor.author Flaschel, Peter en_US
dc.contributor.author Franke, Reiner en_US
dc.contributor.author Semmler, Willi en_US
dc.contributor.editor en_US
dc.date.accessioned 2010-05-28T09:36:58Z
dc.date.available 2010-05-28T09:36:58Z
dc.date.issued 2009 en_US
dc.identifier 2008003958 en_US
dc.identifier.citation Chiarella Carl et al. 2009, 'Financial Markets and the Macroeconomy: A Keynesian Perspective',Routledge, USA en_US
dc.identifier.issn 978-0-415-77100-9 en_US
dc.identifier.other A1 en_US
dc.identifier.uri http://hdl.handle.net/10453/7778
dc.description.abstract The financial instability and its spillover to the real sector have become a great challenge to macro-economic theory. The book takes a Keynesian theoretical perspective, representing an attempt to revive what Keynes stressed in his General Theory, namely the role of the financial market in macroeconomic outcomes. Although this book is inspired and motivated by the Asian currency and financial crises in the years 1997-8 and the experiences of the currently evolving U.S. financial disruptions, it also focuses on reviving a modeling tradition that provides a theoretical framework that throws light on recent financial market episodes and disturbances and their macroeconomic effects. It brings to the forefront, as Keynes has suggested, the role of financial market stability for growth and macroeconomics. It criticizes theories that see economic disruptions and shocks rooted solely in the real side of the economy. It stresses the financial real interaction as the major source for macroeconomic instability and disruptions. This important new book from a group of Keynesian, but nonetheless technically oriented economists would be of most interest to specialists and graduate students in macroeconomics and financial economics, especially those with an interest in US and European financial markets, emerging market analysis, and dynamic economic modeling en_US
dc.language en_US
dc.publisher Routledge en_US
dc.relation.isbasedon NA en_US
dc.title Financial Markets and the Macroeconomy: A Keynesian Perspective en_US
dc.parent en_US
dc.journal.volume en_US
dc.journal.number en_US
dc.publocation USA en_US
dc.identifier.startpage en_US
dc.identifier.endpage en_US
dc.cauo.name BUS.School of Finance and Economics en_US
dc.conference Verified OK en_US
dc.for 140207 en_US
dc.personcode 716350 en_US
dc.personcode 0000017722 en_US
dc.personcode 0000018280 en_US
dc.personcode 0000017791 en_US
dc.percentage 100 en_US
dc.classification.name Financial Economics en_US
dc.classification.type FOR-08 en_US
dc.edition 1 en_US
dc.custom en_US
dc.date.activity en_US
dc.location.activity en_US
dc.description.keywords NA en_US


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