EQUILIBRIUM BUSINESS CYCLE THEORY IN HISTORICAL PERSPECTIVE by Kim Kyun, Craufurd D. Goodwin ( 9780521350785 )

Item Details

Title:

EQUILIBRIUM BUSINESS CYCLE THEORY IN HISTORICAL PERSPECTIVE

By:

Kim Kyun, Craufurd D. Goodwin

Format:

Hardback

List price:

£54.00

Our price:

£47.25

Discount:

12.5% off

You save:

£6.75

ISBN 10:

0521350786

ISBN 13:

9780521350785

Availability:

Usually dispatched within 1-3 weeks.

Delivery rates

Stock:

Currently 0 available

Publisher:

CAMBRIDGE UNIVERSITY PRESS

Pub. date:

24 June, 1988

Series:

Historical Perspectives on Modern Economics

Pages:

138

Description:

This 1988 book presents a historical investigation of the theoretical development of contemporary Equilibrium Business Cycle Theory (EBCT).

Synopsis:

This 1988 book presents a historical investigation of the theoretical development of contemporary Equilibrium Business Cycle Theory (EBCT). The author examines the central features of the EBCT by tracing both the history of business cycle theory and the history of econometrics. These historical analyses make clear two central principles of the EBCT: its optimization foundation and its economic strategy. Following along these lines, the author argues that the EBCT succeeds the tradition of the Austrian cycle theory that attempted to incorporate the cycle with classical equilibrium doctrine. He further argues that the EBCT's econometric strategy is only a child of the Cowles commission method. Investigating interwar macroeconomics in very readable style, this book brings the period back into the heart of macroeconomic thinking.

Publication:

Imprint:

Cambridge University Press

Returns:

Returnable

Some other items by this author:

ABROAD AND BEYOND (HB)

ABROAD AND BEYOND (PB)

ADAM SMITH'S MORAL PHILOSOPHY (HB)

ART AND THE MARKET (HB)

AUSTRIAN ECONOMICS IN AMERICA (HB)

AUSTRIAN ECONOMICS IN AMERICA (PB)