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Hardcover Aggregation: Aggregate Production Functions and Related Topics Book

ISBN: 026206152X

ISBN13: 9780262061520

Aggregation: Aggregate Production Functions and Related Topics

Aggregation lies at the heart of macroeconomics. Economists using such aggregates as capital, investment, labor, and even output or GNP assume that such constructions have a sound analytic foundation. The question of the existence of aggregate production functions is not only part of the foundation of macroeconomic theory and policy but also played a central role in the "Cambridge vs. Cambridge" debate, which challenged long-held assumptions about...

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Format: Hardcover

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