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Economics, Economists and Expectations: From Microfoundations to Macroapplications - Brossura

Libro 71 di 232: Routledge Studies in the History of Economics

Darity, William; Leeson, Robert; Young, Warren

 
9780415647328: Economics, Economists and Expectations: From Microfoundations to Macroapplications
Brossura
ISBN 10: 0415647320 ISBN 13: 9780415647328
Casa editrice: Routledge, 2012

Sinossi

The concept of rational expectations has played a hugely important role in economics over the years. Dealing with the origins and development of modern approaches to expectations in micro and macroeconomics, this book makes use of primary sources and previously unpublished material from such figures as Hicks, Hawtrey and Hart. The accounts of the 'founding fathers' of the models themselves are also presented here for the first time. The authors trace the development of different approaches to expectations from the likes of Hayek, Morgenstern, and Coase right up to more modern theorists such as Friedman, Patinkin, Phelps and Lucas.

The startling conclusion that there was no 'Rational Expectations Revolution' is articulated, supported and defended with impressive clarity and authority. A necessity for economists across the world, this book will deserve its place upon many an academic bookshelf.

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Informazioni sull'autore

William Darity, Robert Leeson, Warren Young

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Editore
Routledge
Data di pubblicazione
2012
Lingua
Inglese
ISBN 10 
0415647320
ISBN 13 
9780415647328
Rilegatura
Copertina flessibile
Numero edizione
1
Numero di pagine
176
Contatto del produttore
Taylor and Francis, GPSR Taylor and Francis
gpsr@taylorandfrancis.com

Taylor & Francis Verlag GmbH, Kaufingerstraße 24
München
80331
Germania