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MACROECONOMICS AND IMPERFECT COMPETITION (The International Library of Critical Writings in Economics series) - Hardcover

 
9781852788490: MACROECONOMICS AND IMPERFECT COMPETITION (The International Library of Critical Writings in Economics series)
Hardcover
ISBN 10: 1852788496 ISBN 13: 9781852788490
Publisher: Edward Elgar Publishing Ltd, 1995

Synopsis

The macroeconomics of imperfect competition is a field which has witnessed an almost exponential growth in the last twenty years. The reason for this success is simple as this field combines two important, and hitherto incompatible, features: On one hand, like Walrasian or new classical macroeconomics it has fully rigorous microeconomic foundations. On the other hand, like Keynesian macroeconomics (which itself lacked such foundations) it can produce underemployment of resources and macroeconomic coordination failures. This successful blend of the General Equilibrium, Keynesian and Imperfect Competition traditions has become a most influential paradigm in macroeconomics.

Jean-Pascal Benassy, himself the author of several pioneering contributions, has assembled leading articles in the field and written an extensive introduction putting them and other contributions in the area into perspective. This volume will be a basic reference source for professors, students and researchers in this important and rapidly expanding field.

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About the Author

Edited by Jean-Pascal Bénassy, Directeur de Recherches, CNRS and Research Fellow, CEPREMAP, Paris, France

"About this title" may belong to another edition of this title.

Publisher
Edward Elgar Publishing Ltd
Publication date
1995
Language
English
ISBN 10 
1852788496
ISBN 13 
9781852788490
Binding
Hardcover
Number of pages
544
Editor
Bénassy Jean-Pascal