Real Business Cycles: A Reader / Edition 1

by James Hartley, Kevin Hoover, Kevin D. Salyer

Overview

Real Business Cycle theory combines the remains of monetarism with the new classical macroeconomics, and has become one of the dominant approaches within contemporary macroeconomics today. This volume presents:
* the authoritative anthology in RBC. The work contains the major articles introducing and extending the theory as well as critical literature
* an extensive introduction which contains an expository summary and critical evaluation of RBC theory
* comprehensive coverage and balance between seminal papers and extensions; proponents and critics; and theory and empirics.
Macroeconomics is a compulsory element in most economics courses, and this book will be an essential guide to one of its major theories.

Product Details

ISBN-13:	9780415171540
Publisher:	Taylor & Francis
Publication date:	06/11/1998
Edition description:	New Edition
Pages:	684
Product dimensions:	7.44(w) x 9.69(h) x (d)

About the Author

James Hartley, Kevin Hoover, Kevin D. Salyer

Table of Contents

Part I Introduction Part II The foundations of real business cycle modeling Part III Some extensions Part IV The methodology of equilibrium business cycle models Part V The critique of calibration methods Part VI Testing the real business cycle model Part VII The Solow residual Part VIII Filtering and detrending