Microfoundations: A Critical Inquiry - Rilegato

Janssen, Maarten

Rilegato

ISBN 10: 0415086310 ISBN 13: 9780415086318

Casa editrice: Routledge, 1993

Riassunto

All economists are familiar with the division of the subject into microeconomics and macroeconomics. However, few economists are able to give an accurate account of what distinguishes micro and macro. The increasing interest in the `microfoundations of macroeconomics' has typically attracted those who feel that economics is about the rational behaviour of individuals and who regard macro propositions as a consequence of the intentions of individuals. As a result, `microfoundations' have come to be synonymous with theories of individual behaviour. However, Maarten Janssen argues that it is microeconomics' concern with the functioning of markets that underlies theories of microfoundations. This claim is substantiated by an analysis of the aggregation problem, of the foundations of equilibrium theories, of the rational expectations hypothesis, and of a model from the New Keynesian literature.

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Informazioni sull?autore

Janssen, Maarten

Dettagli dell'edizione

• Editore: Routledge
• Data di pubblicazione: 1993
• Lingua: Inglese
• ISBN 10: 0415086310
• ISBN 13: 9780415086318
• Rilegatura: Copertina rigida
• Numero edizione: 1
• Numero di pagine: 218
• Contatto del produttore: non disponibile
• Persona responsabile: gpsr@libri.de; gpsr@libri.de; ; Europaallee 1; Bad Hersfeld; 36244; Germania