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Real Business Cycles : A Reader, EPUB eBook

Real Business Cycles : A Reader EPUB

Edited by James Hartley, Kevin Hoover, Kevin D. Salyer

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Real Business Cycle theory combines the remains of monetarism with the new classical macroeconomics, and has become one of the dominant approaches within contemporary macroeconomics today.

This volume presents: * the authoritative anthology in RBC.

The work contains the major articles introducing and extending the theory as well as critical literature * an extensive introduction which contains an expository summary and critical evaluation of RBC theory * comprehensive coverage and balance between seminal papers and extensions; proponents and critics; and theory and empirics. Macroeconomics is a compulsory element in most economics courses, and this book will be an essential guide to one of its major theories.

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