The Representative Agent in Macroeconomics Paperback / softback

by James E Hartley, James E. Hartley

Part of the Routledge Frontiers of Political Economy series

Paperback / softback

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Description

Rpresentative agent models have become a predominant means of studying the macroeconomy in modern economics without there being much discussion in the literature about their propriety or usefulness.

This volume evaluates the use of these models in macroeconomics, examining the justifications for their use and concluding that representative agent models are neither a proper nor a particularly useful means of studying aggregate behaviour.

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Out of StockMore expected soonContact us for further information
Format:Paperback / softback
Pages:240 pages
Publisher:Taylor & Francis Ltd
Publication Date:02/12/2014
Category:
- Economic theory & philosophy
- Monetary economics
ISBN:9781138866126

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