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Causal and Stochastic Elements in Business Cycles

Causal and Stochastic Elements in Business Cycles

Arvid Aulin

67,02 €
IVA incluido
Disponible
Editorial:
Springer Nature B.V.
Año de edición:
1996
Materia
Microeconomía
ISBN:
9783540605935
67,02 €
IVA incluido
Disponible

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A critical examination of The prevailing orthodoxy according to which all macroeconomic theory should be reducible to microeconomics. The book provides a mathematical extension of the Lucas theory to allow for the effects of creation of knowledge upon economic development so as to improve the prediction of business cycle data.

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