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Real Business Cycles: A Reader James E. Hartley

Real Business Cycles: A Reader

James E. Hartley

Published July 1st 2013
ISBN : 9781134694747
ebook
688 pages
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 About the Book 

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.MoreReal 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.