Modern Business Cycle Theory

by Robert J. Barro

Book Overview

The new classical approach to macroeconomics, which assumes that people gather and use economic information efficiently, has been the most important theoretical advance since the Keynesian revolution of the 1930s. This book surveys the major contributions of the "second generation" of proponents of the new classical approach, emphasizing real business cycle theories and applying them to a variety of phenomena.

The chapters include expositions...

• Format: Hardcover
• Language: English
• ISBN: 0674578600
• ISBN13: 9780674578609
• Release Date: January 1989
• Publisher: Harvard University Press
• Length: 348 Pages
• Weight: 1.45 lbs.
• Dimensions: 1.2" x 6.4" x 9.6"