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Cambridge University Press Structuralist and Behavioral Macroeconomics

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£96.99 £89.95 £91.49 £93.02 £94.56 £96.09 £97.63 29 April 2026 16 May 2026 02 June 2026 19 June 2026 07 July 2026

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Description

Mainstream macroeconomics is founded on the idea of perfectly rational representative agents. Yet there is a growing realization that economic theories based on such agents are inadequate guides to real-world decision making. The behavioural evidence has had significant impacts on microeconomics but the same cannot be said of macroeconomics. This book is part of the movement to do for macroeconomics what behavioural thinking has done for microeconomics. Using behavioural evidence and insights from Keynesian and institutionalist traditions, it presents an empirically grounded alternative to the paradigm that currently dominates macroeconomic theory. It highlights how dynamic interactions across markets can generate instability, endogenous cycles and secular stagnation. It fully engages with macroeconomic theory, provides a multi-faceted view that explains how and why it is time to rethink its foundations and offers a path forward.

Key Features

Structuralist and Behavioral Macroeconomics

Product type : ABIS BOOK

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
21 September 2023
Listed Since
01 April 2023

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