Author | : Peter Galbács |
File Size | : 53,7 Mb |
Publisher | : Academic Press |
Language | : English |
Release Date | : 20 February 2020 |
ISBN | : 9780128165539 |
Pages | : 400 pages |
The Friedman Lucas Transition in Macroeconomics by Peter Galbács Book PDF Summary
The Friedman-Lucas Transition in Macroeconomics: A Structuralist Approach considers how and to what extent monetarist and new classical theories of the business-cycle can be regarded as approximately true descriptions of a cycle’s causal structure or whether they can be no more than useful predictive instruments. This book will be of interest to upper-division undergraduates, graduate students, researchers and professionals concerned with practical, theoretical and historical aspects of macroeconomics and business-cycle modeling. Offers a wide selection of Robert Lucas’s unpublished works Discusses the history of business-cycle theories in the context of methodological advancements Suggests effective arguments for emphasizing the key role of representative agents and their assumed properties in macro-modeling