The Representative Agent in Macroeconomics by James E Hartley

Part of Routledge Frontiers Of Political Economy series

Summary

There has been little discussion in macroeconomic literature about the propriety or usefulness of representative agent models. This volume aims to evaluate the use of these models as a means of studying aggregate behaviour.

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The Representative Agent in Macroeconomics by James E Hartley

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.

James E. Hartley is Assistant Professor of Economics at Mount Holyoke College, Massachusetts

SKU	Unavailable
ISBN 13	9781138866126
ISBN 10	1138866121
Title	The Representative Agent in Macroeconomics
Author	James E Hartley
Series	Routledge Frontiers Of Political Economy
Condition	Unavailable
Binding Type	Paperback
Publisher	Taylor & Francis Ltd
Year published	2014-12-02
Number of pages	240
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note	Unavailable