Critical Essay on Modern Macroeconomic Theory, A 2024 pdf epub mobi 电子书

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发表于2024-07-03

Critical Essay on Modern Macroeconomic Theory, A 2024 pdf epub mobi 电子书

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出版者:Blackwell Publishers Ltd

作者:Frank Hahn

出品人:

页数:168

译者:

出版时间:1998

价格:412.00元

装帧:Paperback

isbn号码:9780631209898

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Critical Essay on Modern Macroeconomic Theory, A 2024 pdf epub mobi 电子书图书描述

In the early 1980s, rational expectations and new classical economics dominated macroeconomic theory. This essay evolved from the authors' profound disagreement with that trend. It demonstrates not only how the new classical view got macroeconomics wrong, but also how to go about doing macroeconomics the right way.Hahn and Solow argue that what was originally offered as a normative model based on perfect foresight and universal perfect competition has been almost casually transformed into a model for interpreting real macroeconomic behavior. After explaining microeconomic foundations, the authors introduce a better macro model, one that can say useful things about the fluctuation of employment, the correlation between wages and employment, and the role for corrective monetary policy.

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