CSU-Carig
Transforming modern macroeconomics : exploring disequilibrium microfoundations, 1956-2003 / Roger E. Backhouse, Mauro Boianovsky.
by Backhouse, Roger, 1951- author.
| Item type | Location | Collection | Call number | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
Books
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General Collection | Social Sciences | 339.5 B1267 2013 (Browse shelf) | Available | 010274 |
Browsing Cagayan State University - Carig Library Shelves , Shelving location: General Collection , Collection code: Social Sciences Close shelf browser
| 339.46599 C374 1999 Causes of poverty : myths, facts and policies : a Philippine study / | 339.46599 C374 1999 Causes of poverty : myths, facts and policies : a Philippine study / | 339.46599 C374 1999 Causes of poverty : myths, facts and policies : a Philippine study / | 339.5 B1267 2013 Transforming modern macroeconomics : exploring disequilibrium microfoundations, 1956-2003 / Roger E. Backhouse, Mauro Boianovsky. | 339 Ab139 1992 Macroeconomics / | 339 Ab139 1992 Macroeconomics / | 339 Am479 1992 Principles of macroeconomics / |
Machine generated contents note: 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; Bibliography.
"This book tells the story of the search for non-Walrasian micro-foundations for macroeconomic theory, from the disequilibrium theories of Patinkin, Clower, and Leijonhufvud to recent dynamic stochaotic general equilibrium models with imperfect competition. Placing this search against the background of wider developments in macroeconomics, the authors contend that this was never a single research program, but involved economists with very different aims who developed the basic ideas about quantity constraints, spillover effects, and coordination failures in different ways. The authors contrast this with the equilibrium approach of Phelps and Lucas, arguing that equilibrium theories simply assumed away the problems that had motivated the disequilibrium literature. Although equilibrium Walrasian models came to dominate macroeconomics, non-Walrasian theories never went away and continue to exert an important influence on the subject. Although this book focuses on one strand in modern macroeconomics, it is crucial to understanding the origins of modern macroeconomic theory"--
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