This volume provides a broad overview of the development of macroeconomic theory and methods. Against this background fundamental questions are addressed by the authors: reconciliation of micro and macroeconomic theory, the role of money in macroeconomic modelling, the concept of income, and new suggestions for the basic framework of macroeconomic theorizing.
|Publisher:||Palgrave Macmillan UK|
|Edition description:||1st ed. 1992|
|Product dimensions:||5.51(w) x 8.50(h) x (d)|
Table of ContentsNotes on the Contributors - Introduction; H.Brink - The Sad State of Macroeconomic Theory; H.Brink - Microfoundations of Dynamic Macroequations; M.Lippi - Exchangeability and the Structure of the Economy; J.McCall - A Simple Concept of Income; C.Heyn-Johnsen - Production and Distribution in a Monetary Economy; A.Graziani - A Keynesian Model for a Post-Monetarist Open Economy; M.Desai - A Simple Stock Flow Model of the Danish Economy; W.Godley & G.Zezza - Index