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Post Walrasian Macroeconomics: Beyond the Dynamic Stochastic General Equilibrium Model

Post Walrasian Macroeconomics: Beyond the Dynamic Stochastic General Equilibrium Model

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Post Walrasian Macroeconomics: Beyond the Dynamic Stochastic General Equilibrium Model

by David Colander

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  • Hardcover
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New
ISBN 10
0521865484
ISBN 13
9780521865487
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About This Item

Hardback. New. This collection outlines a new approach to macroeconomics that employs cutting edge analytic techniques. The volume includes a historical section that surveys the development of macro, along with technical sections on macro modeling, agent-based modeling and cointegrated times series analysis.

Synopsis

Macroeconomics is evolving in an almost dialectic fashion. The latest evolution is the development of a new synthesis that combines insights of new classical, new Keynesian and real business cycle traditions into a dynamic, stochastic general equilibrium (DSGE) model that serves as a foundation for thinking about macro policy. That new synthesis has opened up the door to a new antithesis, which is being driven by advances in computing power and analytic techniques. This new synthesis is coalescing around developments in complexity theory, automated general to specific econometric modeling, agent-based models, and non-linear and statistical dynamical models. This book thus provides the reader with an introduction to what might be called a Post Walrasian research program that is developing as the antithesis of the Walrasian DSGE synthesis.

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Details

Bookseller
The Saint Bookstore GB (GB)
Bookseller's Inventory #
B9780521865487
Title
Post Walrasian Macroeconomics: Beyond the Dynamic Stochastic General Equilibrium Model
Author
David Colander
Format/Binding
Hardback
Book Condition
New
Quantity Available
5
Binding
Hardcover
ISBN 10
0521865484
ISBN 13
9780521865487
Publisher
Cambridge University Press
Place of Publication
Cambridge
This edition first published
2006
LCCN
2006011568

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About the Seller

The Saint Bookstore

Seller rating:
This seller has earned a 5 of 5 Stars rating from Biblio customers.
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Southport, Merseyside

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A new book is a book previously not circulated to a buyer. Although a new book is typically free of any faults or defects, "new"...
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