Market Behaviour and Macroeconomic Modelling discusses several state-of-the-art developments in the modeling approach to market behavior in macroeconomic modeling. Leading experts in this field deal with the implications of market imperfections in commodity markets, capital markets and labor markets for macroeconomic modeling and stabilization policy. They demonstrate that incorporating market imperfections leads to very different policy recommendations than those derived from the standard perfect competition model.
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Über die Autorin bzw. den Autor
Steven Brakman is Associate Professor at the University of Groningen in The Netherlands.
Hans van Ees is Professor of Economic Theory and Economic Education at the University of Groningen in The Netherlands.
Simon Kuipers is Professor of Macroeconomic and Monetary Theory at the University of Groningen in The Netherlands.
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