Equilibrium, expectations and information : a study of the General Theory and modern classical economics
著者
書誌事項
Equilibrium, expectations and information : a study of the General Theory and modern classical economics
(Aspects of political economy)
Polity Press, 1988
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注記
Bibliography: p. [137]-145
Includes index
内容説明・目次
内容説明
This wide-ranging survey covers Keynes' analysis, the neoclassical synthesis interpretation and modern general equilibrium theory, the "fixed price" model literature, the rational expectations school and the Neo-Ricardians. Connections are made with Keynesian concerns throughout, but the author also attempts to characterize the approaches of the last two groups in general terms. In particular, the author focuses on the distinction between convergent and divergent expectations, and between what Keynes called a co-operative economy and an entrepreneur economy. This work should interest second and third-year undergraduates, graduate students and professional economists.
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