Real Business Cycles

Released on by James Hartley
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  • Real Business Cycles Book Detail

  • Author : James Hartley
  • Release Date : 2013-07-04
  • Publisher : Routledge
  • Genre : Business & Economics
  • Pages : 690
  • ISBN 13 : 1134694784
  • File Size : 65,65 MB
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Real Business Cycles by James Hartley PDF Summary

Book Description: Real Business Cycle theory combines the remains of monetarism with the new classical macroeconomics, and has become one of the dominant approaches within contemporary macroeconomics today. This volume presents: * the authoritative anthology in RBC. The work contains the major articles introducing and extending the theory as well as critical literature * an extensive introduction which contains an expository summary and critical evaluation of RBC theory * comprehensive coverage and balance between seminal papers and extensions; proponents and critics; and theory and empirics. Macroeconomics is a compulsory element in most economics courses, and this book will be an essential guide to one of its major theories.

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Real Business Cycles

Real Business Cycles

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Real Business Cycle theory combines the remains of monetarism with the new classical macroeconomics, and has become one of the dominant approaches within contem

The Equity Premium and the Risk Free Rate

The Equity Premium and the Risk Free Rate

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This paper investigates the ability of a representative agent model with time separable utility to explain the mean vector and the covariance matrix of the risk