Building from the micro-foundations of economic behaviour to a full survey of macroeconomics, this book examines growth theory and equilibrium and disequilibrium approaches to provide a comprehensive survey of all the rival theoretical approaches that underlie central policy debates.
Building from the micro-foundations of economic behaviour to a full survey of macroeconomics, this book examines growth theory and equilibrium and dis...
This text presents a critical evaluation of the canonical RBC methods, new elements of empirical relevance and new specifications at the frontier of business cycle research, coping with non-walrasian features, contracts and nominal rigidities, unemployment and growth.
This text presents a critical evaluation of the canonical RBC methods, new elements of empirical relevance and new specifications at the frontier of b...
Models derived from the Real Business Cycle perspective have recently taken a major place in business cycle research. The papers in this present volume bring three contributions to this research programme: A critical evaluation of the canonical RBC models, new elements of empirical relevance, based on comparative calibration and testing, and new specifications, at the frontier of business cycle research, coping with non walrasian features, contracts and nominal rigidities, unemployment and growth.
Models derived from the Real Business Cycle perspective have recently taken a major place in business cycle research. The papers in this present volum...
