rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Dynamic factor demand in a rationing context
    sub title: theory and estimation of a macroeconomic disequilibrium model for the Federal Republic of Germany
  name:
    name part: Smolny, Werner.
    role:
      role term: creator
  name:
    name part: SpringerLink (Online service)
  type of resource: text
  genre: bibliography
  genre: Electronic books.
  origin info:
    place:
      place term: gw
    date issued: 1993
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: remote
    extent: 1 online resource (vi, 241 pages) : illustrations.
  abstract: A macroeconomic disequilibrium model is developed for the Federal Republic of Germany. Starting with a microeconomic model of firm's behaviour, the optimal dynamic adjustment of employment and investment is derived. The model of the firm is complemented by an explicite aggregation procedure which allows to derive macroeconomic relations. The model is estimated with macroeconomic data for the Federal Republic of Germany. An important feature is the consistent introduction of dynamic adjustment into a model of the firm. A new method is the particular approach of a delayed adjustment of employment and investment. The estimation results show significant underutilizations of labour and capital and indicate the importance of supply constraints for imports and exports. As the most prominent result, they reveal the importance of the slow adjustment of employment and investment for the macroeconomic situation in Germany and especially for the persistence of high unemployment in the eighties.
  note: Werner Smolny.
  note: Electronic resource.
  note: Includes bibliographical references (pages [221]-241).
  subject:
    geographic code: e-gw---
  subject:
    topic: Demand functions (Economic theory)
    topic: Mathematical models
  subject:
    topic: Equilibrium (Economics)
    topic: Mathematical models
  subject:
    topic: Macroeconomics
    topic: Mathematical models
  subject:
    geographic: Germany (West)
    topic: Economic conditions
    topic: Econometric models
  subject:
    topic: Macro-economie
  subject:
    topic: Economische modellen
  subject:
    topic: Evenwichtsmodellen (Economie)
  subject:
    topic: Faktornachfrage
  subject:
    topic: Dynamische Makroökonomie
  subject:
    topic: Ungleichgewichtsmodell
  subject:
    topic: Mikroökonomische Fundierung
  subject:
    geographic: Deutschland (Bundesrepublik)
  subject:
    topic: Demand functions (Economic theory)
    topic: Mathematical models
  subject:
    topic: Economic history
  subject:
    topic: Equilibrium (Economics)
    topic: Mathematical models
  subject:
    topic: Macroeconomics
    topic: Mathematical models
  subject:
    geographic: Germany (West)
  classification: HB842 .S65 1993
  classification: 330.1
  classification: 83.12
  related item:
    identifier: (DLC) 94144937
    identifier: (OCoLC)29983339
  related item:
    title info:
      title: Studies in contemporary economics
  identifier: 9783642515125 (electronic bk.)
  identifier: 3642515126 (electronic bk.)
  identifier: 3790807125
  identifier: 9783790807127
  identifier: 0387914587 (Springer-Verlag New York)
  identifier: 9780387914589 (Springer-Verlag New York)
  identifier: http://proxy.library.tamu.edu/login
  record info:
    record content source: OCLCE
    record creation date: 100809
    record change date: 20260422153350.5
    record identifier: in00003504985
    language of cataloging:
      language term: eng