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The Representative Agent in Macroeconomics by James E. Hartley
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The Representative Agent in Macroeconomics

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Description

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.

Author Biography:

James E. Hartley is Assistant Professor of Economics at Mount Holyoke College, Massachusetts
Release date Australia
December 2nd, 2014
Audience
  • Tertiary Education (US: College)
Pages
240
Dimensions
156x234x13
ISBN-13
9781138866126
Product ID
25749430

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