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Real Business Cycles: A Reader

Real Business Cycles: A Reader

Hardcover

Economics

ISBN10: 0415165687
ISBN13: 9780415165686
Publisher: Routledge
Published: Jun 11 1998
Pages: 684
Weight: 2.81
Height: 1.57 Width: 7.64 Depth: 10.14
Language: English
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.

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Economics