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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
part of the Studies in Contemporary Economics series
- 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: December 6, 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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