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

Author: (French) Bénassy, translated by Tan Yuanpeng et al.
Publisher:
Publishing 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 expansion of existing mainstream macroeconomic theories, with the authors being internationally renowned experts in the study of non-Walrasian equilibrium. The book is divided into six parts, totaling fifteen chapters. The authors build the dynamic general equilibrium macroeconomic model under incomplete competition and market non-clearing in a gradual and progressive manner, from simple to complex. It is worth noting that the models in each chapter are concise and elegant, reflecting both the authors' high-level 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 in this book through similar ideas. This book is suitable for researchers and students interested in macroeconomics.