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Ryzuo Sato
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Evolving Financial Markets and International Capital Flows: Britain, the Americas, and Australia, 1865-1914ISBN 0521553520 (0-521-55352-0)
Hardcover, Cambridge Univ Pr
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Exchange Rate Volatility, Trade and Capital Flows Under Alternative Exchange Rate RegimesISBN 052103423X (0-521-03423-X)
Softcover, Cambridge Univ Pr
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- Exchange Rate Volatility, Trade and Capital Flows Under Alternative Exchange Rate Regimes: ISBN 0521562945 (0-521-56294-5)
Hardcover, Cambridge Univ Pr - Exchange Rate Volatility, Trade, and Capital Flows Under Alternative Exchange Rate Regimes: ISBN 052103423X (0-521-03423-X)
Softcover, Cambridge Univ Pr
- Exchange Rate Volatility, Trade and Capital Flows Under Alternative Exchange Rate Regimes: ISBN 0521562945 (0-521-56294-5)
Global Capital Markets: Integration, Crisis, And GrowthISBN 0521671795 (0-521-67179-5)
Softcover, Cambridge Univ Pr
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International Financial Integration: A Study of Interest Differentials Between the Major Industrial CountriesISBN 0521599377 (0-521-59937-7)
Softcover, Cambridge Univ Pr
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Reconstructing Macroeconomics: A Perspective from Statistical Physics And Combinatorial Stochastic ProcessesISBN 0521831067 (0-521-83106-7)
Hardcover, Cambridge Univ Pr
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› Find signed collectible books: 'Reconstructing Macroeconomics: A Perspective from Statistical Physics And Combinatorial Stochastic Processes'Book summary:The authors treat macroeconomic models as composed of large numbers of micro-units or agents of several types and explicitly discuss stochastic dynamic and combinatorial aspects of interactions among them. In mainstream macroeconomics sound microfoundations for macroeconomics have meant incorporating sophisticated intertemporal optimization by representative agents into models. Optimal growth theory, once meant to be normative, is now taught as a descriptive theory in mainstream macroeconomic courses. In neoclassical equilibria flexible prices led the economy to the state of full employment and marginal productivities are all equated. Professors Aoki and Yoshikawa contrariwise show that such equilibria are not possible in economies with a large number of agents of heterogeneous types. They employ a set of statistical dynamical tools via continuous-time Markov chains and statistical distributions of fractions of agents by types available in the new literature of combinatorial stochastic processes, to reconstruct macroeconomic models. [via]
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Trading Blocs: Economics and PoliticsISBN 0521770661 (0-521-77066-1)
Hardcover, Cambridge Univ Pr
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