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Macroeconomics is evolving in an almost dialectic fashion. The latest evolution is the development of a new synthesis that combines insights of new classical, new Keynesian and real business cycle traditions into a dynamic, stochastic general equilibrium (DSGE) model that serves as a foundation for thinking about macro policy. That new synthesis has opened up the door to a new antithesis, which is being driven by advances in computing power and analytic techniques. This new synthesis is coalescing around developments in complexity theory, automated general to specific econometric modeling, agent-based models, and non-linear and statistical dynamical models. This book thus provides the reader with an introduction to what might be called a Post Walrasian research program that is developing as the antithesis of the Walrasian DSGE synthesis.
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Previews available in: English
Edition | Availability |
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1
Post Walrasian Macroeconomics
2006, Cambridge University Press
E-book
in English
0511223307 9780511223303
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2
Post Walrasian Macroeconomics: Beyond the Dynamic Stochastic General Equilibrium Model
July 17, 2006, Cambridge University Press
Paperback
in English
- 1 edition
052168420X 9780521684200
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zzzz
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3
Post Walrasian Macroeconomics: Beyond the Dynamic Stochastic General Equilibrium Model
July 17, 2006, Cambridge University Press
Hardcover
in English
- 1 edition
0521865484 9780521865487
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aaaa
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WorldCat
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4
POST WALRASIAN MACROECONOMICS: BEYOND THE DYNAMIC STOCHASTIC GENERAL EQUILIBRIUM MODEL; ED. BY DAVID COLANDER.
Publish date unknown, CAMBRIDGE UNIV PRESS
in Undetermined
052168420X 9780521684200
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Book Details
First Sentence
"One hundred years ago, economists had some quantitative information on money, interest and prices, and on very little else."
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- Created April 29, 2008
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August 6, 2010 | Edited by IdentifierBot | added LibraryThing ID |
April 14, 2010 | Edited by Open Library Bot | Linked existing covers to the edition. |
October 26, 2009 | Edited by WorkBot | add edition to work page |
April 29, 2008 | Created by an anonymous user | Imported from amazon.com record |