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The Representative Agent in Macroeconomics

Gebonden EN 1997 9780415146692
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Rpresentative 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.

Specificaties

ISBN13:9780415146692
Taal:EN
Bindwijze:Gebonden
Aantal pagina's:240
Uitgever:Taylor & Francis Ltd

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          The Representative Agent in Macroeconomics