The Friedman-Lucas Transition in Macroeconomics
A Structuralist Approach| By: | Peter Galbács |
| Publisher: | Elsevier S & T |
| Print ISBN: | 9780128165652 |
| eText ISBN: | 9780128165539 |
| Edition: | 0 |
| Copyright: | 2020 |
| Format: | Reflowable |
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Table of Contents
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- Offers a wide selection of Robert Lucas’s unpublished works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