Models of Business Cycles

by Robert E. Lucas Jr.

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Book Overview

In the past decade macroeconomic theory has undergone a remarkable transformation. At the forefront has been the "rational expectations revolution," and this school's most brilliant exponent is Robert E. Lucas. In this elegant and relatively non-technical survey, Lucas reviews the nature and consequences of recent developments in monetary and business cycle theory. He discusses the usefulness of alternative models in determining the effects of economic...

Format:Hardcover

Language:English

ISBN:0631147896

ISBN13:9780631147893

Release Date:January 1987

Publisher:Blackwell Publishers

Length:115 Pages

Weight:0.60 lbs.

Related Subjects

Business Business & Investing Economics Macroeconomics

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Models of Business Cycles

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