Macroeconomics from the Bottom-up
The recent economic events driven by the big financial crisis of 2007-08 has cogently put to the fore the limits and drawbacks of the ruling research paradigm in macroeconomics. This volume goes to the root of the problem by offering a workable alternative to the renowned issue of the microeconomic...
Main Authors: | , , , |
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Format: | eBook |
Language: | English |
Published: |
Milano
Springer Milan
2011, 2011
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Edition: | 1st ed. 2011 |
Series: | New Economic Windows
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Subjects: | |
Online Access: | |
Collection: | Springer eBooks 2005- - Collection details see MPG.ReNa |
Summary: | The recent economic events driven by the big financial crisis of 2007-08 has cogently put to the fore the limits and drawbacks of the ruling research paradigm in macroeconomics. This volume goes to the root of the problem by offering a workable alternative to the renowned issue of the microeconomic foundations of macroeconomic theory. Bringing together techniques from agent-based computational economics and statistical validation, the authors set the stage for a paradigmatic shift, elaborate on it with practical examples and provide an agenda for future research. |
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Physical Description: | XII, 124 p online resource |
ISBN: | 9788847019713 |