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The representative agent in macroeconomics /
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 the...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
London ; New York :
Routledge,
1997.
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| Colección: | Routledge frontiers of political economy ;
10. |
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | 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. |
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| Descripción Física: | 1 online resource (x, 229 pages) : illustrations |
| Bibliografía: | Includes bibliographical references (pages 211-223) and index. |
| ISBN: | 0203018680 9780203018682 9786610332748 6610332746 9780415146692 0415146690 |