Studies in Medium-Run Macroeconomics: Growth, Fluctuations, Unemployment, Inequality and Policies

ISBN-13: 9789814619578 / Angielski / Twarda / 2015 / 352 str.

Tamotsu Nakamura; Hideyuki Adachi; Yasuyuki Osumi

Opis

This unique volume consists of studies on medium-run macroeconomics that deal with aggregate economic issues that do not easily fit into either short-run business cycles or long-term growth. This research area has emerged over last decade as a new and distinct field, and needs further explorations.The book includes theoretical as well as empirical studies that cover topics related to medium-run phenomena, such as 'growth and fluctuations', 'wages and unemployment', 'financial instabilities', ' firm size distributions and unbalanced growth', 'income inequality', etc. Every chapter includes new approach or new findings and will be invaluable to developments in this emerging area of research.