Incomplete Competition and Non-Market Clearing Macroeconomics: A Dynamic General Equilibrium Perspective

Author: Benassy
Publisher:
Publish Date: 2005-08-01
Features: The main content of this book constructs models under the assumptions of incomplete competition and market non-clearing within the framework of dynamic general equilibrium theory, re-discussing major issues in macroeconomics. This represents a significant extension of existing mainstream macroeconomic theories, as the author is an internationally renowned expert in the study of non-Walrasian equilibrium. The book is divided into six parts, comprising fifteen chapters. The author systematically builds a dynamic general equilibrium macroeconomic model under incomplete competition and market non-clearing, progressing from simple to complex. It is worth noting that the models in each chapter are concise and elegant, reflecting both the author's exceptional modeling skills and the beauty of modern macroeconomics. To maintain the coherence of reading, references in the main text are strictly kept to a minimum. Relevant content is concentrated at the end of each chapter. The final bibliography of the book includes additional references that, while not directly related to specific chapters, introduce or inspire the models presented in the book through similar ideas. This book is suitable for researchers and students interested in macroeconomics.