A Critical Essay on Modern Macroeconomic Theory

A Critical Essay on Modern Macroeconomic Theory
Author: Frank Hahn
Publisher: MIT Press
Total Pages: 174
Release: 1997
Genre: Business & Economics
ISBN: 9780262581547

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In the early 1980s, rational expectations and new classical economics dominated macroeconomic theory. This essay evolved from theauthors' profound disagreement with that trend. It demonstrates notonly how the new classical view got macroeconomics wrong, but also howto go about doing macroeconomics the right way.


A Critical Essay on Modern Macroeconomic Theory
Language: en
Pages: 174
Authors: Frank Hahn
Categories: Business & Economics
Type: BOOK - Published: 1997 - Publisher: MIT Press

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In the early 1980s, rational expectations and new classical economics dominated macroeconomic theory. This essay evolved from theauthors' profound disagreement
Banks and Finance in Modern Macroeconomics
Language: en
Pages: 456
Authors: Bruna Ingrao
Categories: Banks and banking
Type: BOOK - Published: 2019 - Publisher: Edward Elgar Publishing

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The world financial crisis of 2007–2008 dramatically showed the importance of credit and financial relations for the efficient working of the economy. For a l
Macroeconomic Theory and Economic Policy
Language: en
Pages: 328
Authors: K. Vela Velupillai
Categories: Business & Economics
Type: BOOK - Published: 2004-04-22 - Publisher: Routledge

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Jean-Paul Fitoussi needs no introduction as one of the world's foremost Macroeconomists of his generation. This celebration of his work includes contributions f
Rethinking Expectations
Language: en
Pages: 440
Authors: Roman Frydman
Categories: Business & Economics
Type: BOOK - Published: 2013 - Publisher: Princeton University Press

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This book originated from a 2010 conference marking the fortieth anniversary of the publication of the landmark "Phelps volume," Microeconomic Foundations of Em
Learning from ‘Learning by Doing’
Language: en
Pages: 116
Authors: Robert M. Solow
Categories: Business & Economics
Type: BOOK - Published: 1997 - Publisher: Stanford University Press

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Nobel laureate Solow shows how Kenneth J. Arrow's classic paper "The Economic Implications of Learning by Doing" fits into the modern theory of economic growth,