The Friedman Lucas Transition in Macroeconomics

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 Offers a wide selection of Robert Lucas’s unpublished works Discusses the history of business-cycle theories in the context of methodological advancements Suggests effective arguments for emphasizing the key role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

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  • Author : Peter Galbács
  • Publisher : Academic Press
  • Pages : 396 pages
  • ISBN : 0128165537
  • Rating : 4/5 from 21 reviews
CLICK HERE TO GET THIS BOOKThe Friedman Lucas Transition in Macroeconomics

The Friedman-Lucas Transition in Macroeconomics

The Friedman-Lucas Transition in Macroeconomics
  • Author : Peter Galbács
  • Publisher : Academic Press
  • Release : 20 February 2020
GET THIS BOOKThe Friedman-Lucas Transition in Macroeconomics

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

The Friedman-Lucas Transition in Macroeconomics

The Friedman-Lucas Transition in Macroeconomics
  • Author : Peter Galbács
  • Publisher : Academic Press
  • Release : 19 February 2020
GET THIS BOOKThe Friedman-Lucas Transition in Macroeconomics

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.

Milton Friedman

Milton Friedman
  • Author : James Forder
  • Publisher : Springer
  • Release : 05 July 2019
GET THIS BOOKMilton Friedman

This book examines the work of Milton Friedman, which is amongst the most significant in modern economics and, equally, amongst the most contentious. Although Friedman became most famous for his views on money and monetary policy as well as his public writings, a large and important part of his work concerned other aspects of economics. All parts of Friedman’s work are considered here, as is his account of his own life. By focussing on what Friedman wrote rather than

A History of Macroeconomics from Keynes to Lucas and Beyond

A History of Macroeconomics from Keynes to Lucas and Beyond
  • Author : Michel De Vroey
  • Publisher : Cambridge University Press
  • Release : 08 January 2016
GET THIS BOOKA History of Macroeconomics from Keynes to Lucas and Beyond

This book retraces the history of macroeconomics from Keynes's General Theory to the present. Central to it is the contrast between a Keynesian era and a Lucasian - or dynamic stochastic general equilibrium (DSGE) - era, each ruled by distinct methodological standards. In the Keynesian era, the book studies the following theories: Keynesian macroeconomics, monetarism, disequilibrium macro (Patinkin, Leijongufvud, and Clower) non-Walrasian equilibrium models, and first-generation new Keynesian models. Three stages are identified in the DSGE era: new classical macro (

The General Theory of Employment, Interest, and Money

The General Theory of Employment, Interest, and Money
  • Author : John Maynard Keynes,General Press
  • Publisher : GENERAL PRESS
  • Release : 05 October 2019
GET THIS BOOKThe General Theory of Employment, Interest, and Money

The General Theory of Employment, Interest, and Money, written by legendary author John Maynard Keynes is widely considered to be one of the top 100 greatest books of all time. This masterpiece was published right after the Great Depression. It sought to bring about a revolution, commonly referred to as the ‘Keynesian Revolution’, in the way economists thought—especially challenging the proposition that a market economy tends naturally to restore itself to full employment on its own. Regarded widely as the

The Theory of New Classical Macroeconomics

The Theory of New Classical Macroeconomics
  • Author : Peter Galbács
  • Publisher : Springer
  • Release : 23 April 2015
GET THIS BOOKThe Theory of New Classical Macroeconomics

This book examines new classical macroeconomics from a comparative and critical point of view that confronts the original texts and later comments as a first dimension of comparison. The second dimension appears in a historical context, since none of the new classical doctrines can be analyzed ignoring the parallelism and discrepancies with the theory of Keynes, Friedman or Phelps. Radicalism of new classical macroeconomics has brought fundamental changes in economic thought, but the doctrines got vulgarized and distorted thanks to

Institutional Change in Transition Economies

Institutional Change in Transition Economies
  • Author : Michael Cuddy
  • Publisher : Routledge
  • Release : 31 January 2019
GET THIS BOOKInstitutional Change in Transition Economies

This title was first published in 2002.The importance of institutions for transition economies has so far been overlooked; Michael Cuddy and Ruvin Gekker bring together leading experts in the field to fill this crucial void in the literature. The contributors concentrate on an ongoing tension between informal constraints and mechanisms and the new formal rules and mechanisms that have gradually evolved through the transition period. Experiences are primarily drawn from Russia. The book consists of three parts, the first comprising

The Nobel Factor

The Nobel Factor
  • Author : Avner Offer,Gabriel Söderberg
  • Publisher : Princeton University Press
  • Release : 05 November 2019
GET THIS BOOKThe Nobel Factor

How the creation of the Nobel Prize in Economics changed the economics profession, Sweden, and the world Our confidence in markets comes from economics, and our confidence in economics is underpinned by the Nobel Prize in Economics, which was first awarded in 1969. Was it a coincidence that the prize and the rise of free-market liberalism began at the same time? The Nobel Factor is the first book to describe the origins and power of the most important prize in economics.

Economics and Other Branches – In the Shade of the Oak Tree

Economics and Other Branches – In the Shade of the Oak Tree
  • Author : François Allisson
  • Publisher : Routledge
  • Release : 06 October 2015
GET THIS BOOKEconomics and Other Branches – In the Shade of the Oak Tree

Pascal Bridel held the Chair of Economics at the University of Lausanne and is founder of the Centre Walras-Pareto. This major essay collection reflects his wide range of interests and his seminal contributions to economic theory. It is the work of more than thirty of the most senior scholars of economics working today.

Keynes and Modern Economics

Keynes and Modern Economics
  • Author : Ryuzo Kuroki
  • Publisher : Routledge
  • Release : 21 January 2022
GET THIS BOOKKeynes and Modern Economics

It is a little over seventy years since John Maynard Keynes produced his magnum opus, The General Theory of Employment, Interest, and Money. Keynes' staggering achievement has been to remain relevant to economics and other disciplines even today and this book reflects that with an examination on his influence on modern economics. Leading economists from a variety of backgrounds, including Ed Nell and Heinz Kurz have joined forces in this volume with internationally respected Japanese scholars to produce a strong

Debunking Economics

Debunking Economics
  • Author : Professor Steve Keen
  • Publisher : Zed Books Ltd.
  • Release : 22 September 2011
GET THIS BOOKDebunking Economics

Debunking Economics exposes what many non-economists may have suspected and a minority of economists have long known: that economic theory is not only unpalatable, but also plain wrong. When the original Debunking was published back in 2001, the market economy seemed invincible, and conventional 'neoclassical' economic theory basked in the limelight. Steve Keen argued that economists deserved none of the credit for the economy's performance, and that 'the false confidence it has engendered in the stability of the market economy has

Key Ideas and Concepts in Economics

Key Ideas and Concepts in Economics
  • Author : Various
  • Publisher : OUP Oxford
  • Release : 13 February 2014
GET THIS BOOKKey Ideas and Concepts in Economics

This dynamic set includes a collection of economics titles from Oxford's Very Short Introductions series including A Very Short Introduction to: Choice Theory, Economics, Environmental Economics, Keynes, Global Economic History and Malthus. Highlighting key concepts and fundamental ideas, these books will heighten your understanding of how economics impacts our history, culture, and day-to-day lifestyle. About the Series: Oxford's Very Short Introductions series offers concise and original introductions to a wide range of subjects - from Islam to Sociology, Politics to

Debunking Economics (Digital Edition - Revised, Expanded and Integrated)

Debunking Economics (Digital Edition - Revised, Expanded and Integrated)
  • Author : Professor Steve Keen
  • Publisher : Zed Books Ltd.
  • Release : 22 September 2011
GET THIS BOOKDebunking Economics (Digital Edition - Revised, Expanded and Integrated)

Debunking Economics exposes what many non-economists may have suspected and a minority of economists have long known: that economic theory is not only unpalatable, but also plain wrong. When the original Debunking was published back in 2001, the market economy seemed invincible, and conventional 'neoclassical' economic theory basked in the limelight. Steve Keen argued that economists deserved none of the credit for the economy's performance, and that 'the false confidence it has engendered in the stability of the market economy has