A Critical Essay on Modern Macroeconomic Theory

Released on by Frank Hahn
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  • A Critical Essay on Modern Macroeconomic Theory Book Detail

  • Author : Frank Hahn
  • Release Date : 1997
  • Publisher : MIT Press
  • Genre : Business & Economics
  • Pages : 174
  • ISBN 13 : 9780262581547
  • File Size : 32,32 MB
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A Critical Essay on Modern Macroeconomic Theory by Frank Hahn PDF Summary

Book Description: In the early 1980s, rational expectations and new classical economics dominated macroeconomic theory. This essay evolved from theauthors' profound disagreement with that trend. It demonstrates notonly how the new classical view got macroeconomics wrong, but also howto go about doing macroeconomics the right way.

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