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Item Details
| Title:
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EXPERIMENTS IN MACROECONOMICS
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| By: |
John Duffy (Editor) |
| Format: |
Hardback |
| List price:
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£106.99 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
1784411957 |
| ISBN 13: |
9781784411954 |
| Publisher: |
EMERALD PUBLISHING LIMITED |
| Pub. date: |
14 November, 2014 |
| Series: |
Research in Experimental Economics 17 |
| Pages: |
300 |
| Description: |
Volume 17 entitled 'Experiments in Macroeconomics', of the Research in Experimental Economics Book Series is the first-ever collection by leading researchers in the field of laboratory studies aimed at understanding macroeconomic phenomena. |
| Synopsis: |
Macroeconomic models and assumptions have traditionally been evaluated using non-experimental "field" data. However, in many instances the field data necessary to evaluate such models and assumptions are not available. Recently, researchers have begun to explore ways of implementing micro-founded macroeconomic models in the controlled conditions of the experimental laboratory as an alternative means of gathering the data necessary to address the empirical relevance of macroeconomic models and assumptions as well as to understand questions of equilibrium selection or policy prescriptions. This volume is the first-ever collection of laboratory studies aimed at understanding macroeconomic phenomena. The chapters, by leading researchers in the field, explore consumption behavior, expectation formation, monetary economics and central bank policy in a variety of different macroeconomic models. Readers will come away with a better understanding of how to implement macroeconomic models in the laboratory and the valuable insights that laboratory research can bring to our understanding of macroeconomics. |
| Publication: |
UK |
| Imprint: |
Emerald Publishing Limited |
| Returns: |
Non-returnable |
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