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The Friedman-Lucas Transition in Macroeconomics

A Structuralist Approach

1st Edition - February 19, 2020

Author: Peter Galbács

Paperback ISBN:
9 7 8 - 0 - 1 2 - 8 1 6 5 6 5 - 2
eBook ISBN:
9 7 8 - 0 - 1 2 - 8 1 6 5 5 3 - 9

The Friedman-Lucas Transition in Macroeconomics: A Structuralist Approach considers how and to what extent monetarist and new classical theories of the business-cycle can be… Read more

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The Friedman-Lucas Transition in Macroeconomics: A Structuralist Approach considers how and to what extent monetarist and new classical theories of the business-cycle can be regarded as approximately true descriptions of a cycle’s causal structure or whether they can be no more than useful predictive instruments. This book will be of interest to upper-division undergraduates, graduate students, researchers and professionals concerned with practical, theoretical and historical aspects of macroeconomics and business-cycle modeling.