The New Paradigm in Macroeconomics

The New Paradigm in Macroeconomics pdf epub mobi txt 电子书 下载 2025

Professor Richard A. Werner, D.Phil. (Oxon) Chair in International Banking

Director, Centre for Banking, Finance and Sustainable Development

School of Management University of Southampton

出版者:Palgrave Macmillan; illustrated edition edition
作者:Richard A. Werner
出品人:
页数:440 pages
译者:
出版时间:25 Mar 2005
价格:£75
装帧:21.2 x 13.8 x 2.6 cm
isbn号码:9781403920744
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A growing literature on information imperfections, credit markets and non-Walrasian outcomes poses a significant challenge to traditional approaches in economics. This book unifies key aspects of these challenges in the formulation of a new macroeconomic paradigm. Its validity is tested using data on Japan, one of the biggest empirical challenges to the "old" paradigm. In the process, a contribution is made towards a better understanding of the many "puzzles" or "anomalies" of the Japanese economy of the past decades. However, the new approach is applicable far beyond Japan.

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