Routledge Real Business Cycle Models in Economics - History

Explore the intellectual development of Real Business Cycle models with this academic study from Routledge. This book provides a deep look into how these economic models were created, focusing on the core elements that shaped their evolution. By examining the building blocks, catalysts, and meta-syntheses of the field, readers gain a clear understanding of the theoretical foundations of modern macroeconomics. This work stands out through its detailed examination of unpublished variorum drafts from key papers in the RBC story. This approach allows for a direct look at the origins of major ideas. The text tracks the discovery process, followed by explanations of how these models evolved and spread through the academic community, from first generation papers to more complete frameworks. It is an essential resource for those studying the history of economic thought and the development of macroeconomic theory.