{"product_id":"a-history-of-macroeconomics-from-michel-de-vroey-9781107584945","title":"A History of Macroeconomics from Keynes to Lucas and Beyond","description":"This book retraces the history of macroeconomics from Keynes's General Theory to the present. Central to it is the contrast between a Keynesian era and a Lucasian - or dynamic stochastic general equilibrium (DSGE) - era, each ruled by distinct methodological standards. In the Keynesian era, the book studies the following theories: Keynesian macroeconomics, monetarism, disequilibrium macro (Patinkin, Leijongufvud, and Clower) non-Walrasian equilibrium models, and first-generation new Keynesian models. Three stages are identified in the DSGE era: new classical macro (Lucas), RBC modelling, and second-generation new Keynesian modeling. The book also examines a few selected works aimed at presenting alternatives to Lucasian macro. While not eschewing analytical content, Michel De Vroey focuses on substantive assessments, and the models studied are presented in a pedagogical and vivid yet critical way.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Michel de Vroey\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1107584949\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781107584945\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Cambridge University Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 01\/07\/2016\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 446\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.35lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 8.90h x 5.90w x 1.00d","brand":"Michel de Vroey","offers":[{"title":"Paperback","offer_id":43924066140415,"sku":"9781107584945","price":54.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/products\/img_91a1d684-0b53-451d-8be3-0d4174f3bbbf.jpg?v=1681068274","url":"https:\/\/www.whiterainbookhouse.com\/products\/a-history-of-macroeconomics-from-michel-de-vroey-9781107584945","provider":"WR Book House","version":"1.0","type":"link"}