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A History of Macroeconomics from Keynes to Lucas and Beyond PDF
By:Michel De Vroey
Published on 2016-01-08 by Cambridge University Press

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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 (Lucas), RBC modelling, and second-generation new Keynesian modeling. The book also examines a few selected works aimed at presenting alternatives to Lucasian macro. 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.

This Book was ranked at 12 by Google Books for keyword Macroeconomics.

Book ID of A History of Macroeconomics from Keynes to Lucas and Beyond's Books is 4LYkCwAAQBAJ, Book which was written byMichel De Vroeyhave ETAG "dXJPosJ8u4o"

Book which was published by Cambridge University Press since 2016-01-08 have ISBNs, ISBN 13 Code is 9780521898430 and ISBN 10 Code is 0521898439

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Book which have "448 Pages" is Printed at BOOK under CategoryBusiness and Economics

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