Post Walrasian Macroeconomics
Beyond the Dynamic Stochastic General Equilibrium Model
Edited by David C. Colander
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Post Walrasian Macroeconomics by David C. Colander
Book DescriptionMacroeconomics is evolving in an almost dialectic fashion. The latest evolution is the development of a new synthesis that combines insights of new classical, new Keynesian and real business cycle traditions into a dynamic, stochastic general equilibrium (DSGE) model that serves as a foundation for thinking about macro policy. That new synthesis has opened up the door to a new antithesis, which is being driven by advances in computing power and analytic techniques. This new synthesis is coalescing around developments in complexity theory, automated general to specific econometric modeling, agent-based models, and non-linear and statistical dynamical models. This book thus provides the reader with an introduction to what might be called a Post Walrasian research program that is developing as the antithesis of the Walrasian DSGE synthesis.
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Book DetailsISBN: 9780521865487
(228mm x 152mm x 29mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 17-Jul-2006
Country of Publication: United Kingdom
Books By Author David C. Colander
Macroeconomics, Paperback (February 2013)
Focuses on modern economics, institutions, history, and modeling, and is organized around learning objectives to make it easier for students to understand the material. This title includes significant improvements in pedagogy such as reworked end-of-chapter problems and instant feedback on assignments.
Economics, Hardback (February 2013)
Helps students succeed in the principles of economics course. This title offers trademark colloquial approach that focuses on modern economics, institutions, history, and modeling, and is organized around learning objectives to make it easier for students to understand the material and for instructors to build assignments within Connect Plus.
Microeconomics, Paperback (February 2013)» View all books by David C. Colander
Helps students succeed in the principles of economics course. This book focuses on modern economics, institutions, history, and modeling, and is organized around learning objectives to make it easier for students to understand the material and for instructors to build assignments within Connect Plus.
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Author Biography - David C. Colander
David Colander has been the Christian A. Johnson Distinguished Professor of Economics at Middlebury College, Middlebury, Vermont since 1982. He previously taught at Columbia University, Vassar College, and the University of Miami. Professor Colander has authored, co-authored, or edited more than 35 books and 100 articles on a wide range of topics. His books have been, or are being, translated into a number of different languages, including Chinese, Bulgarian, Polish, Italian, and Spanish. He is a former President of both the Eastern Economic Association and History of Economics Society and is, or has been, on the editorial boards of the Journal of the History of Economic Thought, Journal of Economic Methodology, Eastern Economic Journal, Journal of Economic Education, The Journal of Socioeconomics, and Journal of Economic Perspectives. He has also been a consultant to Time-Life Films, the U.S. Congress, a Brookings Policy Fellow, and a Visiting Scholar at Nuffield College, Oxford. In 2001-2002 he was the Kelly Professor of Distinguished Teaching at Princeton University.
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