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Post Walrasian Macroeconomics

Beyond the Dynamic Stochastic General Equilibrium Model

Language EnglishEnglish
Book Paperback
Book Post Walrasian Macroeconomics David Colander
Libristo code: 02040469
Publishers Cambridge University Press, July 2006
Macroeconomics is evolving in an almost dialectic fashion. The latest evolution is the development o... Full description
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135.93  лв
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Macroeconomics is evolving in an almost dialectic fashion. The latest evolution is the development of a new synthesis that combines insights of new classical, new Keynesian and real business cycle traditions into a dynamic, stochastic general equilibrium (DSGE) model that serves as a foundation for thinking about macro policy. That new synthesis has opened up the door to a new antithesis, which is being driven by advances in computing power and analytic techniques. This new synthesis is coalescing around developments in complexity theory, automated general to specific econometric modeling, agent-based models, and non-linear and statistical dynamical models. This book thus provides the reader with an introduction to what might be called a Post Walrasian research program that is developing as the antithesis of the Walrasian DSGE synthesis.

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About the book

Full name Post Walrasian Macroeconomics
Author David Colander
Language English
Binding Book - Paperback
Date of issue 2006
Number of pages 438
EAN 9780521684200
ISBN 052168420X
Libristo code 02040469
Publishers Cambridge University Press
Weight 586
Dimensions 154 x 228 x 23

Categories

Society & Social Sciences > Politics & government > Political ideologies > Marxism & Communism
Society & Social Sciences > Politics & government > Political ideologies > Socialism & left-of-centre democratic ideologies
Economics, Finance, Business & Management > Economics > Economic theory & philosophy
Economics, Finance, Business & Management > Economics > Macroeconomics
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