Temporary Equilibrium and Long-Run Equilibrium (Routledge Revivals)

By Willem H. Buiter

This title, first published in 1979, presents the Ph.D. thesis of the world-renowned economist and financial expert, Willem Buiter. In Part I, three alternative specifications of temporary equilibria in asset markets, including their implications for macroeconomic models, are discussed; Part II examines the long-term implications of some short-term macroeconomic models. Temporary Equilibrium and Long-Run Equilibrium is a valuable study, and relevant for all serious students of modern economic theory.

• Format: Hardcover
• Language: English
• ISBN: 1138016683
• ISBN13: 9781138016682
• Release Date: March 2014
• Publisher: Routledge
• Length: 328 Pages