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Lectures on Behavioral Macroeconomics

In mainstream economics, and particularly in New Keynesian macroeconomics, the booms and busts that characterize capitalism arise because of large external shocks. The combination of these shocks and the slow adjustments of wages and prices by rational agents leads to cyclical movements. In this boo...

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Bibliographic Details
Main Author: De Grauwe, Paul
Format: Electronic eBook
Language:Inglés
Published: New Jersey : Princeton University Press, 2012.
Series:Book collections on Project MUSE.
Subjects:
Online Access:Texto completo
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by De Grauwe, Paul
Published 2012
Texto completo
Electronic eBook