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Dynamic Macroeconomics Instability, Fluctuation, and Growth in Monetary Economics cover
  • ISBN: 9780262061919
  • ISBN10: 0262061910

Dynamic Macroeconomics Instability, Fluctuation, and Growth in Monetary Economics

by Willi Semmler

  • List Price: $75.00
  • Binding: Hardcover
  • Publisher: Mit Pr
  • Publish date: 07/01/1997
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"Macrodynamics is a venerable and important tradition, which fifty or sixtyyears agoengaged the best minds of the economics profession: among themFrisch, Tinbergan, Harrod, Hicks,Samuelson, Goodwin. Recently it has beenin danger of being swallowed up by rational expectations,movingequilibrium, and dynamic optimization. We can be grateful to the authorsof this book forkeeping alive the older tradition, while modernizing it inthe light of recent developments intechniques of dynamic modeling." James Tobin , Sterling Professor of EconomicsEmeritus, Yale University
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