The new Keynesian macroeconomics : time, belief and social interdependence
Author(s)
Bibliographic Information
The new Keynesian macroeconomics : time, belief and social interdependence
E. Elgar, c1992
- : hbk
- : pbk
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Note
Bibliography: p. 155-159
Includes index
Description and Table of Contents
Description
Designed as a text for advanced undergraduate macroeconomic theory courses, this innovative textbook draws together the central ideas in what is referred to as the New Keynesian Macroeconomics and sets them in dialogue with the New Classical Macroeconomics. The New Keynesian Macroeconomics includes discussion of the recent literature on multiple rational expectations equilibria, an assessment of the connection between equilibrium choice and institutional context, and game theoretic discussion of social interdependence particularly with respect to wage and price formation analysis of debates over both demand and supply side activism.
As the first textbook to develop the New Keynesian Macroeconomics, the book will be widely used on second and third year undergraduate courses on macroeconomics. It will also serve as a text for advanced undergraduate courses which integrate micro and macro by general equilibrium theory.
Table of Contents
Contents: Preface 1. An Overview Part I: The Background 2. The Neoclassical Synthesis and the Natural Rate Hypothesis 3. Trading at False Prices, Imperfect Competition and NAIRU Part II: The New Classicals and The New Keynesians 4. The New Classical Macroeconomics 5. The New Keynesian Macroeconomics I: The Difficulties with Rational Expectations 6. The New Keynesian Macroeconomics II: Price Determination 7. The New Keynesian Macroeconomics III: Wage Determination References Index
by "Nielsen BookData"