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Growth and Business Cycles with Equilibrium Indeterminacy

  • Kazuo Mino
Book

Part of the Advances in Japanese Business and Economics book series (AJBE, volume 13)

Table of contents

  1. Front Matter
    Pages i-xi
  2. Kazuo Mino
    Pages 1-18
  3. Kazuo Mino
    Pages 121-158
  4. Kazuo Mino
    Pages 159-205
  5. Kazuo Mino
    Pages 207-212
  6. Back Matter
    Pages 213-230

About this book

Introduction

Over the past two decades, the issue of equilibrium indeterminacy has been one of the major research concerns in macroeconomic dynamics. Growth and Business Cycles with Equilibrium Indeterminacy discusses the main topics in this literature. Based on comprehensive surveys and the author’s original research, this book explores sunspot-driven fluctuations in real business cycle models, multiple equilibria in endogenous growth models, and the stabilization effects of fiscal and monetary policy rules.  The book also considers equilibrium indeterminacy in open economy models. 

Keywords

Belief-Driven Fluctuations Business Cycles Endogenous Growth Equilibrium Indeterminacy Sunspots

Authors and affiliations

  • Kazuo Mino
    • 1
  1. 1.Kyoto University Institute of Economic ResearchKyotoJapan

Bibliographic information

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