Representative Agent in Macroeconomics
Taylor & Francis

Representative Agent in Macroeconomics - Paperback / softback

Edition: 1st Edition
Subjects: Economics, Economic theory & philosophy
ISBN13: 9781138866126
Published: 02 Dec 2014

Format - Paperback / softback
By James E Hartley

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Regular price A$80.80
Sale price A$80.80 Regular price A$101.00

Representative Agent in Macroeconomics - Paperback / softback

Regular price A$80.80
Sale price A$80.80 Regular price A$101.00
Product description

Rpresentative agent models have become a predominant means of studying the macroeconomy in modern economics without there being much discussion in the literature about their propriety or usefulness. This volume evaluates the use of these models in macroeconomics, examining the justifications for their use and concluding that representative agent models are neither a proper nor a particularly useful means of studying aggregate behaviour.

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