Structuralist and Behavioral Macroeconomics - Image 1

£94.79

Cambridge University Press Structuralist and Behavioral Macroeconomics

Name: Structuralist and Behavioral Macroeconomics
Brand: Cambridge University Press
Price: 94.79 GBP
Availability: InStock

Macroeconomics

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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

Brand: Cambridge University Press
Format: Hardcover
ASIN: 1009367323
Category: Books > Subjects > Business, Finance & Law > Economics > Macroeconomics
Domain: Amazon UK
Release Date: 21 September 2023
Listed Since: 01 April 2023

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Cambridge University Press Structuralist and Behavioral Macroeconomics

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