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"The recent economic events driven by the big financial crisis of 2007-08 has cogently put to the fore the limits and drawbacks of the ruling research paradigm in macroeconomics. This volume goes to the root of the problem by offering a workable alternative to the renowned issue of the microeconomic foundations of macroeconomic theory. Bringing together techniques from agent-based computational economics and statistical validation, the authors set the stage for a paradigmatic shift, elaborate on it with practical examples and provide an agenda for future research."--Publisher's website.
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Macroeconomics from the bottom-up, Domenico Delli Gatti
- Language
- Released
- 2011
- product-detail.submit-box.info.binding
- (Hardcover)
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- Language
- English
- Authors
- Domenico Delli Gatti
- Publisher
- Springer
- Released
- 2011
- Format
- Hardcover
- Pages
- 136
- ISBN10
- 8847019702
- ISBN13
- 9788847019706
- Series
- Description
- "The recent economic events driven by the big financial crisis of 2007-08 has cogently put to the fore the limits and drawbacks of the ruling research paradigm in macroeconomics. This volume goes to the root of the problem by offering a workable alternative to the renowned issue of the microeconomic foundations of macroeconomic theory. Bringing together techniques from agent-based computational economics and statistical validation, the authors set the stage for a paradigmatic shift, elaborate on it with practical examples and provide an agenda for future research."--Publisher's website.