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The New Classical Macroeconomics Kevin D. Hoover (University of California, Davis)

The New Classical Macroeconomics By Kevin D. Hoover (University of California, Davis)

The New Classical Macroeconomics by Kevin D. Hoover (University of California, Davis)


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Summary

The New Classical Macroeconomics gives an accessible, rigorous, critical account of the central doctrines of the new classical economics, without unnecessarily difficult mathematics.

The New Classical Macroeconomics Summary

The New Classical Macroeconomics: A Sceptical Inquiry by Kevin D. Hoover (University of California, Davis)

The New Classical Macroeconomics gives an accessible, rigorous, critical account of the central doctrines of the new classical economics, without unnecessarily difficult mathematics. It focuses on four central issues: the foundation of monetary theory; monetary and fiscal policy; labour supply and business cycles; and the attack on econometric models. In addition, the relationship of the new classical economics to monetarism and the Austrian school, with both of which it is often confused, it explored.

The New Classical Macroeconomics Reviews

"An excellent volume, which deserves to be read by anyone seriously interested in explaining the operation of the macroeconomy." Times Higher Education Supplement

"I enjoyed Kevin Hoover's book very much. It is critical writing of the very highest order - a rarity in macroeconomics. The breadth of coverage is also very impressive. In particular, i thought Hoover's treatment of my work is fair and accurate, even when it hurt. I will be a better writer and scholar in the future with the prospect of this kind of criticism in mind." Robert E. Lucas, Jr, Professor of Economics, University of Chicago

"This book represents an excellent account of a most important development in modern macroeconomics. It is a splendid achievement, well argued, well written, rigorous, and yet easily accessible." M. J. Artis, Professor of Economics, University of Manchester

"The book is very well written, it covers the literature comprehensively and expresses complex arguments with authority and at a brisk pace." Nigel W. Duck, Department of Economics, University of Bristol

About Kevin D. Hoover (University of California, Davis)

Kevin D. Hoover is Assistant Professor of Economics at the University of california, Davis. He was Heyworth Prize Research Fellow at Nuffield College, Oxford (1981-4), and has been a researcher and Visiting Economist at the Federal Reserve Bank of San Francisco.

Table of Contents

Part 1 Introduction: the varieties of maroeconomics. Part 2 The labour market and business cycles: clearing labour markets; market-clearing models of the business cycle. Part 3 Monetary theory and policy: the limits of monetary policy - macroeconomic models; the new monetary economics; formal models of monetary economies; the limits of policy - micromodels. Part 4 Econometric issues: econometrics and the analysis of policy. Part 5 The new classical methodology: two types of monetarism?; an Austrian revival.

Additional information

GOR002989867
9780631172635
0631172637
The New Classical Macroeconomics: A Sceptical Inquiry by Kevin D. Hoover (University of California, Davis)
Used - Very Good
Paperback
John Wiley and Sons Ltd
1990-04-05
328
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - The New Classical Macroeconomics