Title Reconstructing macroeconomics : a perspective from statistical physics and combinatorial stochastic processes / Masanao Aoki, Hiroshi Yoshikawa.

Publication Info.	Cambridge ; New York : Cambridge University Press, [2007]
	©2007

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Online eBook via EBSCO. Access restricted to current Rider University students, faculty, and staff.
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Description	1 online resource (xviii, 333 pages) : illustrations.
Physical Medium	polychrome
Description	text file
Series	Japan-U.S. Center UFJ Bank (formerly Sanwa) monographs on international financial markets
	Japan-U.S. Center UFJ Bank monographs on international financial markets.
Bibliography	Includes bibliographical references (pages 309-320) and indexes.
Contents	Introduction: a new approach to macroeconomics -- The methods: jump Markov process and random partitions -- Equilibrium as distribution: the role of demand in macroeconomics -- Uncertainty trap: policy ineffectiveness and long stagnation of the macroeconomy -- Slow dynamics of macro system: no mystery of inflexible prices -- Business cycles: an endogenous stochastic approach -- Labor market: a new look at the natural unemployment and Okun's law -- Demand saturation-creation and economic growth -- The types of investors and volatility in financial markets: analyzing clusters of heterogeneous agents -- Stock proces and the real economy: power-law versus exponential distributions.
Summary	The authors reconceptualize existing macroeconomics by treating equilibria as statistical distributions, not as fixed points.
Local Note	eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America
Subject	Macroeconomics -- Mathematical models.
	Macroeconomics -- Mathematical models.
Genre/Form	Electronic books.
Added Author	Yoshikawa, Hiroshi, 1951-
Other Form:	Print version: Aoki, Masanao. Reconstructing macroeconomics. Cambridge ; New York : Cambridge University Press, ©2007 0521831067 9780521831062 (DLC) 2006016287 (OCoLC)69013660
ISBN	9780511335204 (electronic book)
	0511335202 (electronic book)
	9780511333286 (electronic book)
	0511333285 (electronic book)
	0511334621 (electronic book)
	9780511334627 (electronic book)
	9780511510670 (electronic book)
	0511510675 (electronic book)
	9780511333965
	051133396X
	1281040274
	9781281040275
	0521831067 (Cloth)
	9780521831062 (Cloth)
	1107634202
	9781107634206

Title Reconstructing macroeconomics : a perspective from statistical physics and combinatorial stochastic processes / Masanao Aoki, Hiroshi Yoshikawa.

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