The Representative Agent in Macroeconomics
By (author) James E. Hartley
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Representative Agent in Macroeconomics by James E. Hartley
Book DescriptionRpresentative agent models have become a predominant means of studying the macroeconomy in modern economics without there being much discussion in the literature about their propriety or usefulness. This volume evaluates the use of these models in macroeconomics, examining the justifications for their use and concluding that representative agent models are neither a proper nor a particularly useful means of studying aggregate behaviour.
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Book DetailsISBN: 9780415146692
(234mm x 156mm x 22mm)
Publisher: Taylor & Francis Ltd
Publish Date: 3-Jul-1997
Country of Publication: United Kingdom
Books By Author James E. Hartley
Real Business Cycle Theory, Hardback (June 1998)» View all books by James E. Hartley
This volume presents: the authoritative anthology on RBC an extensive introduction which contains an expository summary and critical evaluation of RBC.
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