The Integration of Macro and Microeconomic Relations in Dynamic Policy Models : The Case of Saving and Investment Behavior

The Case of Saving and Investment Behavior

The Integration of Macro and Microeconomic Relations in Dynamic Policy Models : The Case of Saving and Investment Behavior
This paper examines how two types of fiscal policy models, namely, dynamic macroeconomic models and applied general equilibrium models, have integrated macro- and microeconomic relationships within a framework of intertemporal equilibrium. After emphasizing the potential advantages of integrating macro- and microeconomic relations, the study... READ MORE...

Publication date: April 1990
ISBN 9781451978759
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