The Theory of New Classical Macroeconomics
Author : Peter Galbács
Publisher : Springer
Total Pages : 368
Release : 2015-04-23
ISBN 10 : 9783319175782
ISBN 13 : 3319175785
Language : EN, FR, DE, ES & NL

The Theory of New Classical Macroeconomics Book Description:

This book examines new classical macroeconomics from a comparative and critical point of view that confronts the original texts and later comments as a first dimension of comparison. The second dimension appears in a historical context, since none of the new classical doctrines can be analyzed ignoring the parallelism and discrepancies with the theory of Keynes, Friedman or Phelps. Radicalism of new classical macroeconomics has brought fundamental changes in economic thought, but the doctrines got vulgarized and distorted thanks to the mass of followers. Nowadays, economic theory and policy, trying to find their ways, have a less clear relationship than ever. Therefore, this volume is aimed at mapping and reconsidering the policy instruments and transmission mechanisms offered by the new classicals. Its central question points to the real nature of new classical macroeconomics: what consequences are grounded by the assumptions new classicals used. Moreover, issues raised by automatic fiscal stabilizers and fiscal reforms are analyzed as well, even if they were out of the range of classical texts. The book draws a picture of new classical macroeconomics stressing the analogies with Keynesian countercyclical policies, instead of the discrepancies commonly held.


The Theory of New Classical Macroeconomics
Language: en
Pages: 368
Authors: Peter Galbács
Categories: Business & Economics
Type: BOOK - Published: 2015-04-23 - Publisher: Springer

This book examines new classical macroeconomics from a comparative and critical point of view that confronts the original texts and later comments as a first di
The New Classical Macroeconomics
Language: en
Pages: 265
Authors: Arjo Klamer
Categories: Economic policy
Type: BOOK - Published: 1984 - Publisher: Brighton, Sussex : Wheatsheaf Books

Preface
Language: en
Pages: 21
Authors: Peter Galbács
Categories:
Type: BOOK - Published: 2017 - Publisher:

This book examines new classical macroeconomics from a comparative and critical point of view that confronts the original texts and later comments as a first di
The New Classical Macroeconomics
Language: en
Pages: 511
Authors: Kevin D. Hoover
Categories: Macroeconomics
Type: BOOK - Published: 1992 - Publisher:

Reconstructing Macroeconomics
Language: en
Pages: 454
Authors: Lance TAYLOR
Categories: Business & Economics
Type: BOOK - Published: 2009-06-30 - Publisher: Harvard University Press

Macroeconomics is in disarray. No one approach is dominant, and an increasing divide between theory and empirics is evident. This book presents both a critique
A Macroeconomics Reader
Language: en
Pages: 688
Authors: Brian Snowdon
Categories: Business & Economics
Type: BOOK - Published: 2002-05-03 - Publisher: Routledge

A Macroeconomics Reader brings together a collection of key readings in modern macroeconomics. Each article has been carefully chosen to provide the reader with
Monetarist, Keynesian, and New Classical Economics
Language: en
Pages: 228
Authors: Jerome J. Stein
Categories: Classical school of economics
Type: BOOK - Published: 1982 - Publisher:

Examines the varying views in macroeconomic theory among the Monetarists, Keynesians and New Classical economists, focusing on disagreements concerning the cont
The New Classical Macroeconomics
Language: en
Pages: 1792
Authors: Kevin D. Hoover
Categories: Business & Economics
Type: BOOK - Published: 1992 - Publisher: Edward Elgar Pub

Comprises articles published between 1972 and 1992 on new classical macroeconomics. It starts by examining the rational expectations hypothesis and the applicat
The Friedman-Lucas Transition in Macroeconomics
Language: en
Pages: 402
Authors: Peter Galbács
Categories: Business cycles
Type: BOOK - Published: 2020-02-19 - Publisher: Academic Press

The Friedman-Lucas Transition in Macroeconomics: A Structuralist Approach considers how and to what extent monetarist and new classical theories of the business
Methodological Foundations of Macroeconomics
Language: en
Pages: 269
Authors: Alessandro Vercelli
Categories: Business & Economics
Type: BOOK - Published: 1991-09-26 - Publisher: Cambridge University Press

An investigation of the methodological and epistemological foundations of macroeconomic theory. The author compares the two main alternative research programmes