This wide-ranging survey covers Keynes' analysis, the neoclassical synthesis interpretation and modern general equilibrium theory, the "fixed price" model literature, the rational expectations school and the Neo-Ricardians. Connections are made with Keynesian concerns throughout, but the author also attempts to characterize the approaches of the last two groups in general terms. In particular, the author focuses on the distinction between convergent and divergent expectations, and between what Keynes called a co-operative ...
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This wide-ranging survey covers Keynes' analysis, the neoclassical synthesis interpretation and modern general equilibrium theory, the "fixed price" model literature, the rational expectations school and the Neo-Ricardians. Connections are made with Keynesian concerns throughout, but the author also attempts to characterize the approaches of the last two groups in general terms. In particular, the author focuses on the distinction between convergent and divergent expectations, and between what Keynes called a co-operative economy and an entrepreneur economy. This work should interest second and third-year undergraduates, graduate students and professional economists.
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Add this copy of Equilibrium, Expectations and Information to cart. $43.16, new condition, Sold by Media Smart rated 4.0 out of 5 stars, ships from Hawthorne, CA, UNITED STATES, published 1988 by Polity Press.
Add this copy of Equilibrium, Expectations and Information to cart. $64.12, new condition, Sold by discount_scientific_books rated 5.0 out of 5 stars, ships from Sterling Heights, MI, UNITED STATES, published 1988 by Polity Press.
Add this copy of Equilibrium, Expectations and Information to cart. $66.83, new condition, Sold by discount_scientific_books rated 5.0 out of 5 stars, ships from Sterling Heights, MI, UNITED STATES, published 1988 by Polity Press.
