In the ROUTLEDGE FRONTIERS OF POLITICAL ECONOMY series, an evaluation of the use of representative agent models in macroeconomics which examines the justifications for their use and concludes that representative agent models are neither a proper nor a particularly useful means of studying aggregate behaviour.
In the ROUTLEDGE FRONTIERS OF POLITICAL ECONOMY series, an evaluation of the use of representative agent models in macroeconomics which examines the j...
Real Business Cycle theory (RBC) combines the remains of monetarism with classical macroeconomics, and has become one of the dominant approaches within contemporary macroeconomics today. The work contains articles introducing and extending the theory as well as critical literature. The introduction contains an expository summary and critical evaluation of RBC theory.
Real Business Cycle theory (RBC) combines the remains of monetarism with classical macroeconomics, and has become one of the dominant approaches withi...
Real Business Cycle theory (RBC) combines the remains of monetarism with classical macroeconomics, and has become one of the dominant approaches within contemporary macroeconomics today. The work contains articles introducing and extending the theory as well as critical literature. The introduction contains an expository summary and critical evaluation of RBC theory.
Real Business Cycle theory (RBC) combines the remains of monetarism with classical macroeconomics, and has become one of the dominant approaches withi...
Before the 19th Amendment to the U.S. Constitution and the Seneca Falls Declaration; before Susan B. Anthony, Elizabeth Cady Stanton, Lucy Stone, Julia Ward Howe, Carrie Chapman and Alice Paul; before John Stuart Mill s "The Subjection of Women" and Virgina Woolf s "A Room of One s Own"; before all these came Mary Lyon. In 1837, by virtue of dogged determination and never removing her sight from her goal, Mary Lyon founded Mount Holyoke Female Seminary, the world's oldest continuing college for women. Never seeking to draw attention to herself, she steadfastly fought to ensure that the school...
Before the 19th Amendment to the U.S. Constitution and the Seneca Falls Declaration; before Susan B. Anthony, Elizabeth Cady Stanton, Lucy Stone, Juli...
Rpresentative agent models have become a predominant means of studying the macroeconomy in modern economics without there being much discussion in the literature about their propriety or usefulness. This volume evaluates the use of these models in macroeconomics, examining the justifications for their use and concluding that representative agent models are neither a proper nor a particularly useful means of studying aggregate behaviour.
Rpresentative agent models have become a predominant means of studying the macroeconomy in modern economics without there being much discussion in the...