Results 251 to 260 of about 19,482 (309)

Macroeconomic Equilibrium

Springer Texts in Business and Economics, 2023
Vasilii Erokhin, Gao Tianming, Jean Vasile Andrei   +2 more
exaly   +2 more sources

Creditor recovery: The macroeconomic dependence of industry equilibrium [PDF]

Journal of Financial Stability, 2013
Abstract This paper reconciles the state of the economy with industry conditions in driving asset liquidation values and, therefore, recovery rates on defaulted debt securities. Evidence to date downplays the economywide effect in favor of industry and debt characteristic explanations.
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Macroeconomic equilibrium with illegal immigration

Economic Modelling, 2001
Abstract Illegal immigration (ILM) has been analyzed very little in the context of a macroeconomic framework. This paper introduces immigration of illegal unskilled workers into a simple model of an open economy with heterogeneous labor and, within this context, examines its macroeconomic and welfare consequences. The analysis shows that when skilled
George Agiomirgianakis, Athina Zervoyianni   +1 more
openaire   +1 more source

Macroeconomic Equilibrium Structure

SSRN Electronic Journal, 2000
It proposes an alternative theory to explain macroeconomics equilibrium for a multi-sector economic period. It includes a brief derivation, numerical examples of closed and open economies (Appendix I), preliminar statistics of some national accounts data (Appendix II), a 2-Sectors Cash Flow Analysis (Appendix III), and short comments.
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Endogenous Trading Uncertainty and Macroeconomic Equilibrium

The Economic Journal, 1983
This paper explores the analogy between equilibrium under flexible prices and equilibrium under fixed prices in a large decentralised economy characterised by trading uncertainty. To price dispersion in the former there corressponds 'quantity dispersion' in the latter.
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Equilibrium and macroeconomics

Journal of Macroeconomics, 1986
Gregory W. Huffman, Frank Hahn
  +4 more sources

Macroeconomics and Economic Equilibrium

1999
Macroeconomics is the study of aggregate economic activities such as employment, price level and the generation of national income involving a large system of aggregate socio-economic variables that relate to these above principal macroeconomic activities.
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WICKSELL, GENERAL EQUILIBRIUM, AND THE WAY TO MACROECONOMICS

Journal of the History of Economic Thought, 2014
Knut Wicksell’s formulation of monetary economics as the study of the relation between aggregate supply and aggregate demand played an important role in the development of macroeconomics. Wicksell’s contributions are better understood if we consider the Walrasian roots of his approach.
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Macroeconomic Equilibrium and Employment

2000
I now turn to a perennial question in macroeconomics since the time the General Theory was published: Can an economy be in equilibrium at less than full employment? Keynes’s answer in the General Theory was a clear yes. His reasoning (and mechanism) was that aggregate output and income are determined by the Principle of Effective Demand.
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