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portada A History of Macroeconomics From Keynes to Lucas and Beyond
Type
Physical Book
Language
Inglés
Pages
445
Format
Paperback
Dimensions
22.6 x 15.0 x 2.5 cm
Weight
0.61 kg.
ISBN13
9781107584945

A History of Macroeconomics From Keynes to Lucas and Beyond

Michel de Vroey (Author) · Cambridge University Press · Paperback

A History of Macroeconomics From Keynes to Lucas and Beyond - de Vroey, Michel

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£ 51.43

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Origin: U.S.A. (Import costs included in the price)
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Synopsis "A History of Macroeconomics From Keynes to Lucas and Beyond"

This book retraces the history of macroeconomics from Keynes's General Theory to the present. Central to it is the contrast between a Keynesian era and a Lucasian - or dynamic stochastic general equilibrium (DSGE) - era, each ruled by distinct methodological standards. In the Keynesian era, the book studies the following theories: Keynesian macroeconomics, monetarism, disequilibrium macro (Patinkin, Leijongufvud, and Clower) non-Walrasian equilibrium models, and first-generation new Keynesian models. Three stages are identified in the DSGE era: new classical macro (Lucas), RBC modelling, and second-generation new Keynesian modeling. The book also examines a few selected works aimed at presenting alternatives to Lucasian macro. While not eschewing analytical content, Michel De Vroey focuses on substantive assessments, and the models studied are presented in a pedagogical and vivid yet critical way.

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The book is written in English.
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