The Representative Agent in Macroeconomics (Hardcover) (ISBN-13: 9780415146692)

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.

Author: James E. Hartley
ISBN-10: 0415146690
ISBN-13: 9780415146692
Publisher: Routledge
Language: English
Published: 07/03/1997
Pages: 240
Format: Hardcover
Weight: 1.19lbs
Size: 9.48h x 6.36w x 0.86d