TY  - BOOK
AU  - Vroey,Michel de
TI  - A history of macroeconomics from Keynes to Lucas and beyond
SN  - 9780511843617 (ebook)
AV  - HB172.5 .V76 2015
U1  - 339.09 23
PY  - 2015///
CY  - Cambridge
PB  - Cambridge University Press
KW  - Macroeconomics
KW  - History
N1  - Title from publisher's bibliographic system (viewed on 01 Jan 2016)
N2  - 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 macroeconomics (Patinkin, Leijongufvud and Clower), non-Walrasian equilibrium models, and first-generation new Keynesian models. Three stages are identified in the DSGE era: new classical macroeconomics (Lucas), RBC modelling, and second-generation new Keynesian modeling. The book also examines a few selected works aimed at presenting alternatives to Lucasian macroeconomics. 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
UR  - https://doi.org/10.1017/CBO9780511843617
ER  -