Showing 1 - 10 of 36,428
One of the major problems of macroeconomic theory is the way in which the people exchange goods in decentralized market economies. There are major disagreements among macroeconomists regarding tools to influence required outcomes. Since the mainstream efficient market theory fails to provide an...
Persistent link: https://www.econbiz.de/10013285068
microfoundations' approach assumes this property of micro-level interactions more strongly conditions macro-level outcomes compared to … 'mechanical' nature. So rather than taking an 'explicit microfoundations' approach, in which individuals are represented as 'white … examine a parsimonious, agent-based macroeconomic model with implicit microfoundations. It generates many of the reported …
Persistent link: https://www.econbiz.de/10003785033
microfoundations" approach considers this property of micro-level interactions to more strongly determine macro-level outcomes compared … "mechanical" nature. So rather than taking an "explicit microfoundations" approach, in which individuals are represented as "white … examine a parsimonious, agent-based macroeconomic model with implicit microfoundations. It generates many of the reported …
Persistent link: https://www.econbiz.de/10003833662
microfoundations' approach considers this property of micro-level interactions to more strongly determine macro-level outcomes compared … 'mechanical' nature. So rather than taking an 'explicit microfoundations' approach, in which individuals are represented as 'white … examine a parsimonious, agent-based macroeconomic model with implicit microfoundations. It generates many of the reported …
Persistent link: https://www.econbiz.de/10013132114
microfoundations' approach assumes this property of micro-level interactions more strongly conditions macro-level outcomes compared to …‘mechanical' nature. So rather than taking an ‘explicit microfoundations' approach, in which individuals are represented as ‘white … examine a parsimonious, agent-based macroeconomic model with implicit microfoundations. It generates many of the reported …
Persistent link: https://www.econbiz.de/10013132214
Persistent link: https://www.econbiz.de/10011890648
Persistent link: https://www.econbiz.de/10001321940
; microfoundations of macroeconomics …
Persistent link: https://www.econbiz.de/10008902420
The recent economic events driven by the big financial crisis of 2007-08 has cogently put to the fore the limits and drawbacks of the ruling research paradigm in macroeconomics. This volume goes to the root of the problem by offering a workable alternative to the renowned issue of the...
Persistent link: https://www.econbiz.de/10009691337
Persistent link: https://www.econbiz.de/10009726205