A Critical Essay on Modern Macroeconomic Theory

A Critical Essay on Modern Macroeconomic Theory
Author :
Publisher : MIT Press
Total Pages : 174
Release :
ISBN-10 : 026258154X
ISBN-13 : 9780262581547
Rating : 4/5 (547 Downloads)

Book Synopsis A Critical Essay on Modern Macroeconomic Theory by : Frank Hahn

Download or read book A Critical Essay on Modern Macroeconomic Theory written by Frank Hahn and published by MIT Press. This book was released on 1997 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the early 1980s, rational expectations and new classical economics dominated macroeconomic theory. This essay evolved from theauthors' profound disagreement with that trend. It demonstrates notonly how the new classical view got macroeconomics wrong, but also howto go about doing macroeconomics the right way.


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