chapter12 Keynesian Business Cycle Theory Sticky Wages and Prices 中宏Williamson-PPT演示教学.pptVIP

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chapter12 Keynesian Business Cycle Theory Sticky Wages and Prices 中宏Williamson-PPT演示教学.ppt

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chapter12 Keynesian Business Cycle Theory Sticky Wages and Prices 中宏Williamson-PPT演示教学.ppt

Chapter 12;Chapter 12 Topics;Figure 12.1 The Labor Market in the Keynesian Sticky Wage Model;Figure 12.2 The Labor Market in the Keynesian Sticky Wage Model When There Is Excess Demand;Figure 12.3 Construction of the Aggregate Supply Curve;Figure 12.6 Money Demand, Money Supply, and the LM Curve;Figure 12.7 Determination of r and Y Given P;Figure 12.8 The Effect of an Increase in the Money Supply on the LM Curve;Figure 12.9 The Effect of an Increase in the Price Level on the LM Curve;Figure 12.10 A Positive Shift in Money Demand Shifts the LM Curve to the Left;Figure 12.11 The Aggregate Demand Curve;Figure 12.12 A Shift to the Right in the IS Curve Shifts the AD Curve to the Right;Figure 12.13 A Shift to the Right in the LM Curve Shifts the AD Curve to the Right;Figure 12.14 The Keynesian Sticky Wage Model;An Increase in the Money Supply;Figure 12.15 An Increase in the Money Supply in the Sticky Wage Model;Table 12.1 Data vs. Predictions of the Keynesian Sticky Wage Model with Monetary Shocks;Figure 12.16 Percentage Deviations from Trend in the Money Supply and Real GDP for the Period 1959–2006;Table 12.2 Data vs. Predictions of the Keynesian Sticky Wage Model with Investment Shocks;Figure 12.17 Real and Nominal Interest Rates, 1934–2006;Figure 12.18 An Increase in the Demand for Investment Goods in the Sticky Wage Model;Figure 12.19 Long-Run Adjustment of the Nominal Wage;The Role of Government Policy in the Sticky Wage Model;Figure 12.20 Stabilization Policy in the Sticky Wage Model–Monetary Policy;Figure 12.21 Stabilization Policy in the Sticky Wage Model–Fiscal Policy;Sticky Price Model;Figure 12.22 The Keynesian Sticky Price Model;Equation 12.1;Equation 12.2;Figure 12.23 Determination of Employment in the Sticky Price Model;Figure 12.24 The Effect of an Increase in Total Factor Productivity on Employmentin the Sticky Wage Model