The Macroeconomics of Self-fulfilling Prophecies
Author | : Roger E. A. Farmer |
Publisher | : MIT Press |
Total Pages | : 330 |
Release | : 1999 |
ISBN-10 | : 0262062038 |
ISBN-13 | : 9780262062039 |
Rating | : 4/5 (039 Downloads) |
Download or read book The Macroeconomics of Self-fulfilling Prophecies written by Roger E. A. Farmer and published by MIT Press. This book was released on 1999 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: Farmer argues for the future of macroeconomics as a branch ofapplied general equilibrium theory. His main theme is thatmacroeconomics is best viewed as the study of equilibrium environmentsin which the welfare theorems break down.