Models of Business Cycles (Yrjo Jahnsson Lectures)

Lucas Jr., Robert E.

ISBN 10: 0631147918 ISBN 13: 9780631147916
Published by Unknown, 1991
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In the past decade macroeconomic theory has undergone a remarkable transformation. At the forefront has been the "rational expectations revolution," and this school's most brilliant exponent is Robert E. Lucas.

In this elegant and relatively non-technical survey, Lucas reviews the nature and consequences of recent developments in monetary and business cycle theory. He discusses the usefulness of alternative models in determining the effects of economic policy on consumption streams and individual welfare. Drawing on a specific model of aggregate activity which represents the current frontier in business cycle research, he then examines the contemporary theory of unemployment. Finally and most controversially, he explores the role of monetary disturbances.

About the Author: Robert E. Lucas Jr is Professor of Economics at the University of Chicago.

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Title: Models of Business Cycles (Yrjo Jahnsson ...
Publisher: Unknown
Publication Date: 1991
Binding: paperback
Condition: Very Good

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Taschenbuch. Condition: Neu. Models of Business Cycle | Robert E. Lucas | Taschenbuch | Einband - flex.(Paperback) | Englisch | 2002 | John Wiley & Sons | EAN 9780631147916 | Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, 36244 Bad Hersfeld, gpsr[at]libri[dot]de | Anbieter: preigu. Seller Inventory # 129602937

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