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Post Walrasian Macroeconomics: Beyond the Dynamic Stochastic General Equilibrium Model

Post Walrasian Macroeconomics: Beyond the Dynamic Stochastic General Equilibrium Model

Post Walrasian Macroeconomics: Beyond the Dynamic Stochastic General Equilibrium
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Post Walrasian Macroeconomics: Beyond the Dynamic Stochastic General Equilibrium Model

by Colander, David [Editor]

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  • Paperback
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ISBN 10
052168420X
ISBN 13
9780521684200
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About This Item

Cambridge University Press, 2006-07-17. Paperback. New. New. In shrink wrap. Looks like an interesting title!

Synopsis

Macroeconomics is evolving in an almost dialectic fashion. The latest evolution is the development of a new synthesis that combines insights of new classical, new Keynesian and real business cycle traditions into a dynamic, stochastic general equilibrium (DSGE) model that serves as a foundation for thinking about macro policy. That new synthesis has opened up the door to a new antithesis, which is being driven by advances in computing power and analytic techniques. This new synthesis is coalescing around developments in complexity theory, automated general to specific econometric modeling, agent-based models, and non-linear and statistical dynamical models. This book thus provides the reader with an introduction to what might be called a Post Walrasian research program that is developing as the antithesis of the Walrasian DSGE synthesis.

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Bookseller
GridFreed LLC US (US)
Bookseller's Inventory #
Q-052168420X
Title
Post Walrasian Macroeconomics: Beyond the Dynamic Stochastic General Equilibrium Model
Author
Colander, David [Editor]
Format/Binding
Paperback
Book Condition
New
Quantity Available
1
ISBN 10
052168420X
ISBN 13
9780521684200
Publisher
Cambridge University Press
Date Published
2006-07-17

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GridFreed LLC

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