The Representative Agent in Macroeconomics
Rpresentative 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.
décembre 2014, env. 240 pages, Routledge Frontiers of Political Economy, Anglais
Taylor and Francis
978-1-138-86612-6
Taylor and Francis
978-1-138-86612-6