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Dynamic Factor Demand in a Rationing Context

- Theory and Estimation of a Macroeconomic Disequilibrium Model for the Federal Republic of Germany

About Dynamic Factor Demand in a Rationing Context

A macroeconomic disequilibrium model is developed for theFederal Republic of Germany. Starting with a microeconomicmodel of firm's behaviour, the optimal dynamic adjustment ofemployment and investment is derived.

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  • Language:
  • English
  • ISBN:
  • 9783790807127
  • Binding:
  • Paperback
  • Pages:
  • 242
  • Published:
  • September 30, 1993
  • Edition:
  • 11993
  • Dimensions:
  • 155x235x13 mm.
  • Weight:
  • 395 g.
Delivery: 1-2 weeks
Expected delivery: October 17, 2024

Description of Dynamic Factor Demand in a Rationing Context

A macroeconomic disequilibrium model is developed for theFederal Republic of Germany. Starting with a microeconomicmodel of firm's behaviour, the optimal dynamic adjustment ofemployment and investment is derived.

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