Professor Richard A. Werner, D.Phil. (Oxon) Chair in International Banking
Director, Centre for Banking, Finance and Sustainable Development
School of Management University of Southampton
发表于2025-01-30
The New Paradigm in Macroeconomics 2025 pdf epub mobi 电子书
图书标签: economic
A growing literature on information imperfections, credit markets and non-Walrasian outcomes poses a significant challenge to traditional approaches in economics. This book unifies key aspects of these challenges in the formulation of a new macroeconomic paradigm. Its validity is tested using data on Japan, one of the biggest empirical challenges to the "old" paradigm. In the process, a contribution is made towards a better understanding of the many "puzzles" or "anomalies" of the Japanese economy of the past decades. However, the new approach is applicable far beyond Japan.
The New Paradigm in Macroeconomics 2025 pdf epub mobi 电子书