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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...

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Bibliographic Details
Call Number:Libro Electrónico
Main Author: Hartley, James E., 1966-
Format: Electronic eBook
Language:Inglés
Published: London ; New York : Routledge, 1997.
Series:Routledge frontiers of political economy ; 10.
Subjects:
Online Access:Texto completo
Table of Contents:
  • Part Part I WHY REPRESENTATIVE AGENTS?
  • chapter 1 INTRODUCTION
  • chapter Part II THE LUCAS CRITIQUE
  • chapter Part III THE WALRASIAN TRADITION
  • chapter Part IV MICROFOUNDATIONS
  • chapter 9 THE TRADITIONAL CASE FOR MICROFOUNDATIONS
  • chapter 10 THE AGGREGATION PROBLEM
  • chapter 11 INDIVIDUAL AND MARKET EXPERIMENTS
  • chapter 12 THE REPRESENTATIVE AGENT VERSUS MICROFOUNDATIONS
  • chapter 13 THE MYTH OF MICROFOUNDATIONS
  • chapter Part V WHITHER MACROECONOMICS?