Transforming Modern Macroeconomics: Exploring Disequilibrium Microfoundations, 1956-2003

by Mauro Boianovsky and Roger E. Backhouse

Book Overview

This book tells the story of the search for disequilibrium micro-foundations for macroeconomic theory, from the disequilibrium theories of Patinkin, Clower and Leijonhufvud to recent dynamic stochastic general equilibrium models with imperfect competition. Placing this search against the background of wider developments in macroeconomics, the authors contend that this was never a single research program, but involved economists with very different...

• Format: Paperback
• Language: English
• ISBN: 1107435382
• ISBN13: 9781107435384
• Release Date: August 2014
• Publisher: Cambridge University Press
• Length: 238 Pages
• Weight: 0.78 lbs.
• Dimensions: 0.5" x 6.0" x 9.0"