Transforming modern macroeconomics exploring disequilibrium microfoundations, 1956-2003
This book tells the story of the search for disequilibrium micro-foundations for macroeconomic theory, from the disequilibrium theories of Patinkin, Clower and Leijonhufvud to recent dynamic stochastic general equilibrium models with imperfect competition. Placing this search against the background...
| Main Authors: | , |
|---|---|
| Format: | eBook |
| Language: | English |
| Published: |
Cambridge
Cambridge University Press
2013
|
| Series: | Historical perspectives on modern economics
|
| Subjects: | |
| Online Access: | |
| Collection: | Cambridge Books Online - Collection details see MPG.ReNa |
Table of Contents:
- 1. Introduction
- 2. Macroeconomics after Keynes
- 3. Don Patinkin and the neoclassical synthesis
- 4. Clower, Leijonhufvud and the re-appraisal of Keynesian economics
- 5. Macroeconomics with slow price adjustment
- 6. 'Equilibrium' microfoundations
- 7. General equilibrium and imperfect competition
- 8. Microeconomics and macroeconomics
- 9. After the 1970s
- 10. Conclusions