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Roger E. Backhouse

Transforming Modern Macroeconomics

Exploring Disequilibrium Microfoundations, 1956-2003

Ebook (PDF Format)

This book tells the story of the search for disequilibrium micro-foundations for macroeconomic theory, from the disequilibrium theories of Patinkin, Clower and Leijonhufvud to recent dynamic stochastic general equilibrium models with imperfect competition. Placing this search against the background of wider developments in macroeconomics, the authors contend that this was never a single research program, but involved economists with very different aims who developed the basic ideas about quantity constraints, spillover effects and coordination failures in different ways. The authors contrast this with the equilibrium, market-clearing approach… Mehr

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Produktdetails

  • ISBN: 978-1-139-78661-4
  • EAN: 9781139786614
  • Produktnummer: 14484793
  • Verlag: Cambridge University Press
  • Sprache: Englisch
  • Erscheinungsjahr: 2012
  • Seitenangabe: 0 S.
  • Plattform: PDF
  • Masse: 3'269 KB

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