New Paradigm in Macroeconomics (häftad, eng)

A growing literature on information imperfections, credit markets and non-Walrasian outcomes poses a significant challenge to traditional approaches in economics. This book unifies key aspects of these challenges in the formulation of a new macroeconomic paradigm. Its validity is tested using data on Japan, one of the biggest empirical challenges to the "old" paradigm.

In the process, a contribution is made towards a better understanding of the many "puzzles" or "anomalies" of the Japanese economy of the past decades. However, the new approach is applicable far beyond Japan.

Format	Häftad
Omfång	423 sidor
Språk	Engelska
Förlag	Palgrave USA
Utgivningsdatum	2005-03-24
ISBN	9781403920744