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A history of macroeconomics from Key...

Vroey, Michel de.

A history of macroeconomics from Keynes to Lucas and beyond

Record Type:	Electronic resources : Monograph/item
Title/Author:	A history of macroeconomics from Keynes to Lucas and beyondMichel De Vroey.
remainder title:	A History of Macroeconomics from Keynes to Lucas & Beyond
Author:	Vroey, Michel de.
Published:	Cambridge :Cambridge University Press,2016.
Description:	xx, 427 p. :digital ;24 cm.
Notes:	Title from publisher's bibliographic system (viewed on 01 Jan 2016).
Subject:	MacroeconomicsHistory.
Online resource:	https://doi.org/10.1017/CBO9780511843617
ISBN:	9780511843617$q(electronic bk.)

A history of macroeconomics from Keynes to Lucas and beyond
Vroey, Michel de.

A history of macroeconomics from Keynes to Lucas and beyond[electronic resource] /A History of Macroeconomics from Keynes to Lucas & BeyondMichel De Vroey. - Cambridge :Cambridge University Press,2016. - xx, 427 p. :digital ;24 cm.

Title from publisher's bibliographic system (viewed on 01 Jan 2016).

This book retraces the history of macroeconomics from Keynes's General Theory to the present. Central to it is the contrast between a Keynesian era and a Lucasian - or dynamic stochastic general equilibrium (DSGE) - era, each ruled by distinct methodological standards. In the Keynesian era, the book studies the following theories: Keynesian macroeconomics, monetarism, disequilibrium macroeconomics (Patinkin, Leijongufvud and Clower), non-Walrasian equilibrium models, and first-generation new Keynesian models. Three stages are identified in the DSGE era: new classical macroeconomics (Lucas), RBC modelling, and second-generation new Keynesian modeling. The book also examines a few selected works aimed at presenting alternatives to Lucasian macroeconomics. While not eschewing analytical content, Michel De Vroey focuses on substantive assessments, and the models studied are presented in a pedagogical and vivid yet critical way.

ISBN: 9780511843617$q(electronic bk.)Subjects--Topical Terms:

183500
Macroeconomics
--History.

LC Class. No.: HB172.5 / .V76 2016

Dewey Class. No.: 339.09

A history of macroeconomics from Keynes to Lucas and beyond
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246 3 $a A History of Macroeconomics from Keynes to Lucas & Beyond
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500 $a Title from publisher's bibliographic system (viewed on 01 Jan 2016).
520 $a This book retraces the history of macroeconomics from Keynes's General Theory to the present. Central to it is the contrast between a Keynesian era and a Lucasian - or dynamic stochastic general equilibrium (DSGE) - era, each ruled by distinct methodological standards. In the Keynesian era, the book studies the following theories: Keynesian macroeconomics, monetarism, disequilibrium macroeconomics (Patinkin, Leijongufvud and Clower), non-Walrasian equilibrium models, and first-generation new Keynesian models. Three stages are identified in the DSGE era: new classical macroeconomics (Lucas), RBC modelling, and second-generation new Keynesian modeling. The book also examines a few selected works aimed at presenting alternatives to Lucasian macroeconomics. While not eschewing analytical content, Michel De Vroey focuses on substantive assessments, and the models studied are presented in a pedagogical and vivid yet critical way.
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