Format:
1 Online-Ressource (xx, 429 Seiten) :
,
Illustrationen.
ISBN:
978-0-511-84361-7
Content:
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 macroeconomics (Patinkin, Leijongufvud and Clower), non-Walrasian equilibrium models, and first-generation new Keynesian models. Three stages are identified in the DSGE era: new classical macroeconomics (Lucas), RBC modelling, and second-generation new Keynesian modeling. The book also examines a few selected works aimed at presenting alternatives to Lucasian macroeconomics. While not eschewing analytical content, Michel De Vroey focuses on substantive assessments, and the models studied are presented in a pedagogical and vivid yet critical way
Note:
First published 2016 (Version 2, with corrections, October 2016)
Additional Edition:
Erscheint auch als Druck-Ausgabe, Hardcover ISBN 978-0-521-89843-0
Additional Edition:
Erscheint auch als Druck-Ausgabe, Paperback ISBN 978-1-107-58494-5
Language:
English
Subjects:
Economics
Keywords:
1883-1946 Keynes, John Maynard
;
Makroökonomie
;
1937-2023 Lucas, Robert E.
;
Makroökonomie
;
Weltwirtschaft
;
Methode
DOI:
10.1017/CBO9780511843617
URL:
Volltext
(URL des Erstveröffentlichers)
