Real Business Cycle theory combines the remains of monetarism with the new classical macroeconomics, and has become one of the dominant approaches within contemporary macroeconomics today. This volume presents: * the authoritative anthology in RBC. The work contains the major articles introducing and extending the theory as well as critical literature * an extensive introduction which contains an expository summary and critical evaluation of RBC theory * comprehensive coverage and balance between seminal papers and extensions; proponents and critics; and theory and empirics. Macroeconomics is a compulsory element in most economics courses, and this book will be an essential guide to one of its major theories.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
James Hartley, Kevin Hoover, Kevin D. Salyer
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
Vendeur : Chiron Media, Wallingford, Royaume-Uni
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Hardcover. Etat : new. Hardcover. Real business cycle theory has long been recognized as 'important' but at the same time it has aroused 'significant' opposition and controversy. This volume draws together for the first time the most important articles on real business cycle analysis and the most significant criticisms of them. The introduction provides a richly detailed survey of the state of the real business cycle controversy, and shows how the articles in the volume relate to one another, what issues they address and to what degree those issues are resolved or open to continued debate. Crucially, the Introduction also includes a User's Guide to the construction and evaluation of real business cycle models which will aid understanding of the subsequent articles. This is the first time a balanced assessment of real business cycle theory has been presented in one volume. It will be essential reading for students and professionals in the field of macroeconomics. Finn Kydland, Edward C. Prescott, Robert G. King, Gary D. Hansen, Jess Benhabib, Richard Rogerson, Randall Wright, Lawrence J. Christiano, Martin Eichenbaum, Ellen R. McGrattan, Charles I. Plosser, This volume presents:* the authoritative anthology on RBC* an extensive introduction which contains an expository summary and critical evaluation of RBC. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. N° de réf. du vendeur 9780415165686
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Etat : New. Kevin D. Salyer, James Hartley, Kevin HooverJames Hartley, Kevin Hoover, Kevin D. SalyerReal Business Cycle theory combines the remains of monetarism with the new classical macroeconomics, and has become one of the dominant approaches within cont. N° de réf. du vendeur 594625222
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