Real Business Cycles: A Reader

Real Business Cycle theory combines the remains of monetarism with the new classical macroeconomics, and has become one of the dominant approaches within contemporary macroeconomics today. This volume presents: * the authoritative anthology in RBC. The work contains the major articles introducing and extending the theory as well as critical literature * an extensive introduction which contains an expository summary and critical evaluation of RBC theory * comprehensive coverage and balance between seminal papers and extensions; proponents and critics; and theory and empirics. Macroeconomics is a compulsory element in most economics courses, and this book will be an essential guide to one of its major theories.

• Format: Paperback
• Language: English
• ISBN: 0415171547
• ISBN13: 9780415171540
• Release Date: June 1998
• Publisher: Routledge
• Length: 684 Pages
• Weight: 2.47 lbs.
• Dimensions: 1.3" x 7.5" x 9.8"