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.
1. Cover image - p. page_i 2. Title page - p. page_i 3. Table of Contents - p. page_i 4. Copyright - p. page_iv 5. Dedication - p. page_v 6. Foreword - p. page_ix 7. Preface - p. page_xi 8. Acknowledgements - p. page_xvii 9. Chapter 1: Methodology…?! Why? - p. page_xix 10. Chapter 2: Standing on the edge: Lucas in the Chicago tradition - p. page_76 11. Chapter 3: Agents and structures - p. page_161 12. Chapter 4: Realism and instrumentalism along the Friedman–Lucas transition - p. page_251 13. Chapter 5: The end of economics? - p. page_335 14. Index - p. page_371
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.
1. Cover image - p. page_i 2. Title page - p. page_i 3. Table of Contents - p. page_i 4. Copyright - p. page_iv 5. Dedication - p. page_v 6. Foreword - p. page_ix 7. Preface - p. page_xi 8. Acknowledgements - p. page_xvii 9. Chapter 1: Methodology…?! Why? - p. page_xix 10. Chapter 2: Standing on the edge: Lucas in the Chicago tradition - p. page_76 11. Chapter 3: Agents and structures - p. page_161 12. Chapter 4: Realism and instrumentalism along the Friedman–Lucas transition - p. page_251 13. Chapter 5: The end of economics? - p. page_335 14. Index - p. page_371