Lecture Notes in Economics and Mathematical Systems: Analysing the Swiss Economy by Means of a Disequilibrium Model

Stalder, Peter

This book develops a macro disequilibrium model, focusing on the production sector and the associated spillover effects. Firms' decisions on investment, output supply and labor demand are analysed on basis of an approach involving excess demand, profitability and relative prices. As a novelty in such an analysis, inventories and unfilled orders act as buffer stocks.

Details

Published by: Springer

Publication Date: 1991-06-12

Format: Paperback

ISBN-13: 9783540540564

DOI: 10.1007/978-3-642-46739-4

Dimensions: 244cm x170cm

Pages: 193