Endogenous Market Structures and the Macroeconomy by Federico Etro
English | 2009 | ISBN: 3540874267 | 346 pages | PDF | 6,6 MB
The book introduces a new approach to macroeconomics based on endogenous market structures (EMSs), with a close focus on business cycles, international trade and policy and growth. Chapter 1 reviews the standard neoclassical approach to macroeconomics. Chapter 2 extends it to EMSs with strategic interactions and endogenous entry of firms.