Browsing Journal Articles by Author "Asada, Toichiro"

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Browsing Journal Articles by Author "Asada, Toichiro"

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  • Asada, Toichiro; Chen, Pu; Chiarella, Carl; Flaschel, Peter (Louisiana State Univ Press, 2006)
    We reformulate the traditional AS-AD growth model of the Neoclassical synthesis, stage 1, as a disequilibrium approach to aggregate supply analysis. with sticky wages. sticky prices. myopic perfect foresight oil current ...
  • Asada, Toichiro; Chiarella, Carl; Flaschel, Peter; Mouakil, Tarik; Proa??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 ...
  • 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), ...