Models of Business Cycles - Couverture rigide

Lucas, Robert E.

Couverture rigide

ISBN 10 : 0631147896 ISBN 13 : 9780631147893

Editeur : Blackwell Publishers, 1987

Synopsis

Book by Lucas Robert E

A propos du livre

Présentation de l'éditeur

In the past decade macroeconomic theory has undergone a remarkable transformation. At the forefront has been the "rational expectations revolution," and this school′s most brilliant exponent is Robert E. Lucas.

In this elegant and relatively non–technical survey, Lucas reviews the nature and consequences of recent developments in monetary and business cycle theory. He discusses the usefulness of alternative models in determining the effects of economic policy on consumption streams and individual welfare. Drawing on a specific model of aggregate activity which represents the current frontier in business cycle research, he then examines the contemporary theory of unemployment. Finally and most controversially, he explores the role of monetary disturbances.

Revue de presse

"His brilliance and versatility as an economic theorist cannot be disputed. Much of value will come from the impetus given to the study of macroeconomic theory and policy by the endeavours of Professor Lucas." Kyklos

Détails de l'édition

• Éditeur: Blackwell Publishers
• Date d'édition: 1987
• Langue: anglais
• ISBN 10: 0631147896
• ISBN 13: 9780631147893
• Reliure: Relié
• Nombre de pages: 128
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible