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Representative Agent in Macroeconomics (Routledge Frontiers of Political Economy)

Posted on 2010-04-13




Name:Representative Agent in Macroeconomics (Routledge Frontiers of Political Economy)
ASIN/ISBN:0415146690
Author:James E Hartley
Publisher:Routledge (1997)
Language:English
Pages:Library Binding, 240 pages
File size:2.6 Mb
   Representative Agent in Macroeconomics (Routledge Frontiers of Political Economy)

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Author: James E Hartley


Publisher: Routledge (1997)


Binding: Library Binding, 240 pages


pricer: $190.00


ISBN-10: 0415146690


editorialreviews

Representative 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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